黄金周二（5月6日）早盘直接强势大涨，在触及3387附近后受阻调整，午后在3350附近企稳开始震荡上涨，美盘延续上涨走势，一直持续到收盘，日线收出 一根大阳线。 一、基本面 特朗普宣布对外国制作电影征收100%关税，引发市场对贸易局势的担忧，同时OPEC+增产消息导致能源和油气板块跌超1.7%，美股各板块ETF普遍收跌， 这些因素使得避险情绪重回市场，资金流向黄金寻求避险，推动金价上涨。此外，中美贸易谈判、美日贸易谈判陷入僵局，中东地区地缘问题反复，也进一 步加剧了市场的不确定性和避险情绪，对黄金价格形成支撑。 从日线级别来看，黄金价格此前在3500整数关口遭遇强劲阻力，随即开启调整走势。值得关注的是，本周连续两个交易日，金价均以大阳线报收，这一强势 表现直接收复了前期大部分跌幅，尽显多头力量的强劲。与此同时，均线系统也释放出积极信号，整体向上拐头，5日均线与10日均线形成粘合后交金叉。 在当前行情下，今日需着重留意黄金上涨动能能否持续。下方关键支撑区域位于3330-3320区间，该位置不仅是5日均线与10日均线当前所处位置，更是昨日 盘中低点所在，其支撑有效性将对后续行情发展起到关键作用。 从四小时级别来看 ...

昨天我们强调继续看涨黄金，和周一及上周五一样亚盘、欧盘涨为主，至少美盘前不去看跌，看冲击3360-70及3385极限要上涨3410-40区域。昨日黄金亚盘 小幅回撤3323一线旋即大涨，日内一路上破，美盘依托3370-75继续上涨，日线以大阳线收盘3430以上，日内大涨112美元。今日早盘跳空3438一线后迎来崩 盘式跳水，至此多头目标3440一线目标达成！ 突发重大消息，中美准备关税和谈，重大利空，黄金早盘3438美元一线跳水60多美元，日内应该触顶了；如无重大利多推动，早盘高点3438不应再突破，否 则一旦突破3500必定会破，只是3500以上走多远则不清楚。当前，关注中美关税和谈的同时，全球地缘局势也应重点关注：重点印巴冲突，两国人口接近17 亿，局势失控会很恐怖；然后是俄乌僵局，美伊危机等对黄金构成利多，明天凌晨美联储利率决议也需要重点关注，今天中国公布黄金储备数据。 止损，永远是对的，错了也对！ 死扛，永远是错的，对了也错！ 横批：止损无条件！ 如果没有交易原则，那么，一切技术等于零！ 黄金市场依然消息左右一切，印巴冲突，关税战，美伊危机等消息冲击市场，避险情绪高涨！黄金周一大涨101美元，昨天大涨 ...

● 本报记者 葛瑶 5月6日，国际金价大幅回升，COMEX黄金期货价格再度突破3300美元/盎司关口，伦敦金现货价格亦涨 至3370美元/盎司附近。伴随贵金属价格重拾涨势，A股资源板块全线飘红，稀土永磁指数单日飙升逾 6%。 市场人士分析表示，关税再起波澜叠加中东局势再度紧张，刺激避险资金加速涌入黄金市场。短期内， 黄金基本逻辑没有变化，价格在关税谈判期间可能保持震荡。 贵金属上行带飞资源板块 5月6日金价迎来强势反弹。截至6日纽约早盘，COMEX黄金期货价格盘中一度飙升至3395美元/盎司， 伦敦现货黄金盘中冲高至3387.09美元/盎司，伦敦现货白银、现货铂金等贵金属价格也同步上涨。 受此影响，A股资源板块集体上行。截至6日收盘，Wind稀土永磁指数涨6.23%。黄金概念股中，莱绅通 灵涨停，四川黄金、晓程科技涨逾7%，华钰矿业涨逾6%，湖南黄金涨逾5%。港股方面，东江环保大涨 逾13%，灵宝黄金涨逾8%，山东黄金涨逾6%，招金矿业涨逾4%，江西铜业股份、潼关黄金涨逾3%。 前一周，受美联储降息预期减弱及地缘风险暂时缓和影响，金价持续走低，4月28日至5月2日， COMEX黄金期货价格累计下跌1.55%， ...

Group 1 - The core viewpoint of the articles indicates that international gold prices are experiencing a rebound after a two-week high-level correction, driven by various factors including geopolitical uncertainties and expectations of interest rate changes by the Federal Reserve [1][2]. Group 2 - The World Gold Council's report highlights that multiple factors such as U.S. tariff shadows, geopolitical uncertainties, stock market volatility, and a weakening dollar have contributed to the rise in gold prices [1]. - The Reserve Bank of India's report shows that the proportion of gold in India's foreign exchange reserves has doubled from 5.87% in March 2021 to 11.70% by March 2025 [2]. - Analysts expect that gold prices will maintain a range between $3,150 and $3,450 in May, with $3,400 acting as a major resistance level and potential buying opportunities below $3,200 [2].

Report Industry Investment Rating No relevant information provided. Core View of the Report - The U.S. April non - farm payroll data was unexpectedly strong, Trump indicated a tariff cut on China, and the Fed maintained policy independence, leading to a decline in market risk - aversion and a correction in gold prices. However, U.S. tariff policies have raised market concerns about a hard - landing of the economy, increasing the expected number of interest rate cuts this year. The Fed remains hawkish, and market expectations of a July rate cut, along with central bank gold - buying demand and risk - aversion, support precious metal prices. Due to the expected volatility of U.S. tariff policies, prices are likely to be in an adjustment state. Attention should be paid to the Fed's May interest rate decision on Thursday [10]. - It is recommended to trade cautiously, and consider a strategy of building positions at low prices after a full price correction, with reference to the operating ranges of Shanghai Gold 06 contract (758 - 800) and Shanghai Silver 06 contract (7600 - 8500) [11]. Summary by Directory 1. Market Review - The progress of tariff negotiations and Trump's expansion of the tax - levying scope led to a wide - range shock in the price of U.S. gold. As of last Friday, U.S. gold closed at $3247 per ounce, down 2.4% for the week. The upper resistance level is $3390, and the lower support level is $3270 [6]. - The price of U.S. silver showed a weak shock. As of last Friday, it had a weekly decline of 3.5%, closing at $32.18 per ounce. The lower support level is $32, and the upper resistance level is $34 [9]. 2. Weekly View - The U.S. April non - farm payroll data was strong, Trump planned to cut tariffs on China, and the Fed maintained policy independence, reducing market risk - aversion and causing a correction in gold prices. The U.S. tariff policy has worried the market, increasing concerns about a hard - landing of the economy and the expected number of interest rate cuts this year. The Fed remains hawkish, and the ECB cut interest rates by 25 basis points in April. The market expects the Fed to cut rates in July, and central bank gold - buying demand and risk - aversion support precious metal prices. The expected volatility of U.S. tariff policies means prices will likely be in an adjustment state. Attention should be paid to the Fed's May interest rate decision on Thursday [10]. - Strategy suggestion: Trade cautiously, and consider building positions at low prices after a full price correction, with reference to the operating ranges of Shanghai Gold 06 contract (758 - 800) and Shanghai Silver 06 contract (7600 - 8500) [11]. 3. Overseas Macroeconomic Indicators The report presents data and trends of various overseas macroeconomic indicators such as real interest rates (10 - year TIPS yield), dollar index, euro - dollar exchange rate, pound - dollar exchange rate, yield spreads (10Y - 2Y), Fed balance sheet size, gold - silver ratio, and WTI crude oil futures price, but no specific analysis is provided in the text [14][18][20]. 4. Important Economic Data of the Week | Economic Indicator | Announced Value | Expected Value | Previous Value | | --- | --- | --- | --- | | U.S. April non - farm payrolls change (seasonally adjusted, in millions) | 17.7 | 13 | 18.5 | | U.S. April unemployment rate (%) | 4.2 | 4.2 | 4.2 | | U.S. April ISM manufacturing PMI | 48.7 | 48 | 49 | | U.S. April ADP employment change (in millions) | 6.2 | 11.5 | 15.5 | | U.S. Q1 real GDP annualized quarterly rate (preliminary value, %) | - 0.3 | 0.3 | 2.4 | | U.S. Q1 core PCE price index annualized quarterly rate (preliminary value, %) | 3.5 | 3.3 | 2.6 | | U.S. March PCE price index annual rate (%) | 2.3 | 2.2 | 2.5 | [22] 5. Important Macroeconomic Events and Policies of the Week - Trump approved a 100% tariff on overseas - made movies, expanding the scope of the trade war from physical goods to an industry with a large U.S. trade surplus, indicating a possible further spread of the trade war. - The U.S. added 17.7 million non - farm jobs in April, far exceeding the market expectation of 13.8 million. The unemployment rate was 4.2%, in line with expectations, and the labor force participation rate was 62.6%, slightly higher than expected. - The U.S. March PCE price index increased by 2.3% year - on - year, the lowest level since last autumn; the core PCE price index increased by 2.6% year - on - year, lower than the previous value of 2.8%; both PCE and core PCE were flat month - on - month [24]. 6. Inventory - Gold: COMEX inventory decreased by 13,384.47 kg to 1,283,813.73 kg this week, and the Shanghai Futures Exchange inventory remained unchanged at 15,648 kg compared with last week. - Silver: COMEX inventory increased by 33,287.27 kg to 15,519,976.28 kg this week, and the Shanghai Futures Exchange inventory increased by 36,093 kg to 959,689 kg [12][29]. 7. Fund Holdings - As of April 29, the net long position of gold CFTC speculative funds was 181,879 lots, a decrease of 13,390 lots compared with last week. - As of April 29, the net long position of silver CFTC speculative funds was 47,819 lots, an increase of 5,502 lots compared with last week [12][33]. 8. Key Points to Watch This Week - On Thursday (May 8), at 20:30, pay attention to the U.S. initial jobless claims for the week ending May 3; at 23:00, pay attention to the U.S. April New York Fed 3 - year inflation expectation [35].

华夏时报（www.chinatimes.net.cn）记者 李明会 北京报道 "金价又涨了，五一期间入手'三金'多好！"五一假期的节后第一天，"金价再爆发"又上热搜，正在备婚的钱女士对 《华夏时报》记者直言后悔到拍大腿，"还以为五一过后金价能便宜些，没想到又涨了。" 今年以来，金价高位狂飙，牵动多方神经。像钱女士一样，不少备婚新人都在纠结要不要在此时购买"三金"或"五 金"，生怕买在高位当了"冤大头"。不过，一位新人劝告记者，"要买赶紧买，不然可能越来越贵，我就是从（克 价）七百多拖到一千才买的。" 5月6日，国际金价延续此前一日上涨态势，盘中一度触及3386美元/盎司，截至记者发稿前，现货黄金站上3379美 元/盎司，日内涨1.36%，COMEX黄金期货亦持续上涨，一度突破3390美元/盎司，日内涨幅逼近2%。 受此影响，5月6日，国内多家品牌金店足金饰品价格再度涨破1000元/克，有品牌金饰单克金价甚至一夜反弹超30 元。 金价再爆发 此前4月22日，现货黄金一度涨超3500美元/盎司，刷新历史新高。此后现货黄金连续多日回调，但近日再度卷土 重来。 不过，5月5日，现货黄金大幅拉升，一举突破3300美元/ ...

近期黄金市场热度飙升，金价（XAU/USD）连续两日吸引避险资金涌入，周二亚洲时段攀升至近两周高点的 3381 - 3382 美元区域。ETO Markets 分析认 为，市场避险情绪主导金价走势，而未来美联储决议等关键事件将决定其后续方向。 避险情绪高企，金价强势攀升 贸易政策不确定性持续 全球贸易关系虽现缓和迹象，但特朗普贸易政策反复无常，如对海外电影征收 100%关税，打击全球贸易稳定性。尽管美国可能重启谈判，但特朗普暗示本 周或达成协议却未指明国家，市场忧虑难消。 地缘冲突不断升级 地缘政治局势紧张，俄乌冲突持续升级，乌克兰无人机袭击莫斯科致三大机场关闭；周日以色列联合美军空袭也门荷台达港，以回应胡塞武装攻击。这些事 件凸显黄金避险属性，支撑金价上涨。 避险情绪主导市场 本周二开始的 FOMC 会议是影响金价的关键事件。尽管美国服务业与就业数据强劲降低短期降息预期，但若美联储暗示年内仍有降息可能，金价有望进一 步上行。 美元走势与市场反应 市场策略师指出，即便美元买盘回升，黄金仍坚挺，表明市场对地缘政治担忧远超经济数据乐观情绪。投资者在复杂环境下，更倾向于将黄金作为避险资 产。 技术面：金价面临关键阻 ...

5月6日国内金价快报：国内各大金店金价在五一假期期间跌下千元大关，但今日重新上涨，再创历史新 高。今日六福金店价格上涨28元/克，最新标价1026元/克，与周大福等金店同为最高价金店。上海中国 黄金价格不变，还是报价969元/克，为最低价金店。今日金店黄金价差57元/克，价差再次扩大。 具体各大品牌金店最新价格见下表格： | 今日金店黄金价格一览（2025年5月6日） | | | | | | --- | --- | --- | --- | --- | | 金店报价 | 今日金价 | 单位 | 变动幅度 | 涨跌 | | 老庙黄金价格 | 1022 | 元/克 | 31 | 涨 | | 六福黄金价格 | 1026 | 元/克 | 28 | 涨 | | 周大福黄金价格 | 1026 | 元/克 | 28 | 涨 | | 周六福黄金价格 | 1026 | 元/克 | 28 | 涨 | | 金至尊黄金价格 | 1026 | 元/克 | 28 | 涨 | | 老凤祥黄金价格 | 1025 | 元/克 | 27 | 涨 | | 潮宏基黄金价格 | 1022 | 元/克 | 28 | 涨 | | 周生生黄金价格 | 102 ...

Group 1 - The core viewpoint of the articles highlights the rising risk aversion in global markets driven by geopolitical tensions and divergent monetary policies, particularly affecting the Japanese yen [1][3] - The Bank of Japan has lowered its economic growth and inflation forecasts while maintaining short-term interest rates, indicating a potential for future rate hikes, creating a tug-of-war between bullish and bearish sentiments for the yen [3] - The Federal Reserve has not signaled a clear intention to cut rates, with strong service sector PMI and labor market data supporting the dollar, leading to increased volatility in the USD/JPY exchange rate [3] Group 2 - The USD/JPY exchange rate has faced resistance at key technical levels, specifically around 144.25 and 144.30, which has resulted in a confirmed short-term downtrend after breaking below the 144.00 level [3][4] - The market is currently focused on the support level at 143.50; a break below this could lead to further declines towards 143.00 and 142.65, while a rebound above 144.30 could trigger a short-covering rally [4] - The interplay of rising geopolitical risks and the Fed's neutral stance is driving a revaluation of the yen's safe-haven status, suggesting that even with the Bank of Japan's accommodative policy, demand for the yen may increase due to deteriorating global risk appetite [4]

从技术上来看，对于市场无规律的炒作避险情绪也不要盲目追随，按照今日早间行情再疯狂拉升的状 态，今日上方可能会继续去测试3400整数关口，但是情绪上过于亢奋的状态还是不宜去盲目追随看涨， 更不宜去盯着避险情绪的枪口去硬刚搏空。日内下方则着重关注10、5日线3310-00一带的测试，短线如 果欲参与，则有待回撤5、10日线再考虑短多。至于后期走势，则多关注周四凌晨美联储利率决定，期 间依旧要着重紧盯地缘局势的演变，以及特朗普关税政策的影响。 总之，当前黄金市场受多种因素综合影响，走势存在不确定性。金友需密切关注美联储利率决议、国际 贸易局势等关键。不过就目前局势来看，早间一波大涨几十美金，很容易造成一个卖预期行情，操作上 尽量还是回调在进场即可。 故日内操作上张津镭建议： 黄金：3350-3353做多，止损3340，目标看3390-3400一线，破位持有。 张津镭：避险升温致金价大涨，美联储会议将成"胜负手" 昨日黄金走了一个震荡反弹行情吗，亚盘开盘震荡走高午盘反弹至3270后回落一波至3250上方。随后金 价再度反弹，晚间突破3300关口，最高是到了3337美元一线，最终金价是收盘于3334美元，日线收于一 根 ...