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美联储降息靴子落地,国际金价见顶了吗?
第一财经·2025-09-18 13:34

Core Viewpoint - The article discusses the recent interest rate cut by the Federal Reserve and its immediate impact on the international gold market, highlighting the volatility in gold prices following the announcement [3]. Group 1: Federal Reserve's Rate Cut - The Federal Reserve announced a 25 basis point rate cut to 4.00%-4.25%, marking its first cut of the year and aligning with market expectations [3]. - The dot plot indicates two more rate cuts are anticipated within the year, each by 25 basis points, which is one more than the previous June forecast [3]. Group 2: Market Reactions and Analysis - Following the rate cut, gold prices initially surged to a record high of $3744 per ounce before retreating to $3692 per ounce, indicating a divergence in market sentiment regarding the future of gold prices [3][4]. - Analysts suggest that the initial spike in gold prices may have been a result of speculative trading, with some investors taking profits after the announcement [5]. - The overall economic conditions, including a cooling U.S. economy and declining interest rates, are expected to continue attracting investors to the gold market [5]. Group 3: Future Price Predictions - Since September, international gold prices have increased by 5%, with a year-to-date rise exceeding 33% [7]. - Major financial institutions like JPMorgan and UBS have raised their gold price forecasts, with predictions suggesting prices could exceed $4000 per ounce, and Goldman Sachs even analyzing the potential for prices to reach $5000 per ounce [8]. - The weakening U.S. dollar due to rate cuts is identified as a significant factor driving gold prices higher, as gold is currently in its third major bull market [8]. Group 4: Investment Strategies - Investors are advised to focus on diversified asset allocation and risk management, especially given the current high levels of gold prices [8]. - Monitoring the Federal Reserve's future policy decisions, dollar movements, and global economic conditions is crucial for timing gold investments effectively [8].