Group 1: Domestic Gold Prices - Domestic gold prices continue to decline, but the drop is smaller compared to the previous day, with Liufu Gold down by 12 CNY per gram, priced at 1223 CNY per gram, making it one of the highest-priced stores [1] - Shanghai China Gold remains the lowest-priced store, with a decrease of 10 CNY per gram, priced at 1125 CNY per gram [1] - The price difference between high and low gold prices has narrowed to 98 CNY per gram [1] Group 2: Platinum Prices - Platinum prices have increased, with Liufu Gold's platinum jewelry rising by 2 CNY per gram, now priced at 643 CNY per gram [1] Group 3: Gold Recycling Prices - Today's gold recycling prices have dropped by 7.8 CNY per gram, with significant price differences among brands [2] - The recycling price for gold is 928.00 CNY per gram, with other brands like Caizhi Gold at 931.00 CNY per gram and Chow Sang Sang at 920.30 CNY per gram [2] Group 4: International Gold Prices - The spot gold price experienced fluctuations, dropping to a low of 4003.58 USD per ounce before recovering, ultimately closing down by 0.63% at 4097.59 USD per ounce [4] - As of the latest update, spot gold is priced at 4104.58 USD per ounce, reflecting a slight increase of 0.17% [4] - The fluctuations in gold prices are attributed to U.S.-China tariff issues, easing tensions in the Russia-Ukraine situation, and adjustments in market expectations regarding Federal Reserve interest rate cuts [4] Group 5: Market Sentiment and Expectations - Market expectations for a 25 basis point rate cut by the Federal Reserve in October are at 96.7%, with a similar expectation for December at 96.4% [4] - There has been a significant reduction in the expectation for a 50 basis point cut in December, now at 0.3% [4] - Investors are currently waiting for more data to validate the potential for Federal Reserve rate cuts, with some choosing to lock in profits ahead of the U.S. CPI data release [4]

Group 1 - The dollar has strengthened against almost all major currencies at the beginning of the quarter, driven by safe-haven buying amid concerns over regional banks in the U.S. [1] - The upcoming release of the September Consumer Price Index (CPI) is highly anticipated, with economists expecting a year-on-year increase of 3.1%, the highest since May 2024 [1][5] - Market sentiment is leaning towards a bullish outlook for the dollar, with suggestions to buy the dollar in the coming weeks [1][5] Group 2 - The Bloomberg Dollar Spot Index has seen a slight increase of about 0.4% this week, but it is down approximately 7% for the year, potentially marking the worst annual performance since 2017 [6] - The dollar weakened significantly in the first half of the year due to market disruptions caused by tariffs, but there are signs of foreign investors still entering U.S. stocks and bonds [7] - Options traders have become more optimistic about the dollar, with a preference for call options betting on the dollar's strength over the next three months [7] Group 3 - Standard Chartered's Steven Englander predicts a comprehensive rebound of the dollar, forecasting the euro to drop from approximately 1.16 to 1.12 dollars by mid-next year [10] - Englander believes that the market is underestimating the risk of a dollar rebound, suggesting that the Fed's room for rate cuts is smaller than expected, which could support the dollar [10]

Group 1 - The total amount of gold futures at the Shanghai Futures Exchange is 86,565 kilograms, with an increase of 1,959 kilograms compared to the previous day [1] - The main gold futures contract opened at 990.00 CNY per gram, reaching a high of 1,001.96 CNY and a low of 982.28 CNY, currently trading at 994.06 CNY, reflecting a 2.02% increase [1] - Trading volume for the day is 496,445 contracts, with open interest decreasing by 2,806 contracts to 205,110 contracts [1] Group 2 - The market is focused on the upcoming U.S. CPI data to be released on October 24, with expectations of a 0.4% month-over-month increase and a 3.1% year-over-year increase [1] - The Federal Open Market Committee (FOMC) meeting on October 29 is anticipated, with a general expectation of a 25 basis point rate cut [1]

Group 1 - The Australian dollar (AUD) is experiencing a decline against the US dollar (USD), currently trading below 0.6500 at 0.6495, with a decrease of 0.27% as traders assess the impact of a key mineral agreement between the US and Australia [1] - The agreement, signed by US President Trump and Australian Prime Minister Albanese, supports "shovel-ready" projects worth $8.5 billion, aimed at expanding Australia's mining and processing capabilities [1] - Market focus is shifting towards the upcoming US Consumer Price Index (CPI) data release on October 24, with expectations of a 0.4% month-on-month increase and a 3.1% year-on-year rise [1] Group 2 - Technical analysis indicates that the AUD/USD exchange rate failed to break the critical resistance level of 0.6535, suggesting a lack of new driving factors and potential for continued volatility in the short term [2] - Support levels are identified at 0.6440 and 0.6415, while resistance levels are at 0.6535 and 0.6630, indicating the need for investors to monitor future catalysts [2] - The currency pair is trading within a downward channel, with a bearish outlook reinforced by the 14-day RSI remaining below 50, suggesting further potential declines [2]

钛媒体App 10月21日消息，金价周二小幅走低，因投资者在前一交易日金价触及新高后获利了结。 KCM Trade首席市场分析师Tim Waterer表示，"获利了结和避险资金流入的减弱共同削弱了今天金价的 优势……黄金的任何回调都将被视为买入机会，而美联储当前仍在的降息轨道上。如果本周稍晚公布的 美国CPI数据不会带来任何令人不快的上行意外，那么当前金价涨势还有进一步上行空间。"（广角观 察） ...

9月28日，国内黄金价格又出现持稳情况，部分金店仍保持涨势。其中，老庙黄金上涨4元，报1110元/ 克，为新的最高价金店；上海中国黄金报价还是1011元/克，为最低价金店。今日高低价差达99元，差 距更大了。 以下是各大品牌金店详细报价： 今日金价 单位 变动幅度 涨跌 老庙黄金价格 1110 元/克 4 涨 六福黄金价格 1108 元/克 0 平 周大福黄金价格 1108 元/克 0 平 周六福黄金价格 1070 元/克 9 涨 今日金店黄金价格一览（2025年9月28日） 金店报价 金至尊黄金价格 1108 元/克 0 平 老凤祥黄金价格 1108 元/克 0 平 潮宏基黄金价格 1108 元/克 0 平 周生生黄金价格 1108 元/克 2 涨 菜百黄金价格 1058 元/克 0 平 上海中国黄金价格 1011 元/克 0 平 周大生黄金价格 1108 元/克 0 平 今日黄金价格持稳，铂金价格还在大涨，还是说下周生生黄金，今日铂金饰品价格大涨19元/克，报633 元/克。如需了解其他品牌铂金价格，欢迎留言，我们将及时汇总更新。 另外，今日黄金回收价格大涨7.8元/克。不同品牌回收价差较大，以下为部分金 ...

Inflation Data - The U.S. August CPI increased by 2.9% year-on-year, matching expectations, and up from 2.7% previously[3] - The August CPI rose by 0.4% month-on-month, compared to a 0.2% increase last month[3] - Core CPI for August also grew by 3.1% year-on-year, in line with expectations, and unchanged from the previous month[3] Market Expectations - Market anticipates three rate cuts by the Federal Reserve in 2025, with a 99% probability of at least two cuts and an 83% probability of three cuts following the data release[8] - The probability of a September rate cut is nearly 100%, with a 9.2% chance of a 50 basis point cut after the data release[8] Market Reactions - Following the CPI data release, U.S. Treasury yields slightly declined, with the 3-month yield down by 1 basis point, the 2-year yield down by 2 basis points, and the 10-year yield down by 3 basis points[9] - Major U.S. stock indices rose, with the Dow Jones up by 1.36%, S&P 500 up by 0.85%, and Nasdaq up by 0.72%[9] Inflation Components - Core goods inflation continued to rise, with a month-on-month increase of 0.3% and a year-on-year increase of 1.5%[6] - Used car inflation rose by 6% year-on-year and 1% month-on-month, indicating a continued upward trend[7] Economic Outlook - Long-term inflation expectations remain stable, with a slight increase in short-term expectations, as the Michigan survey indicated a rise to 4.8% in August from 4.5% in July[21] - The Federal Reserve's inflation outlook suggests a moderate inflationary environment, with tariff impacts beginning to show[46]

Core Viewpoint - The international gold market has shown a strong rebound, breaking historical resistance levels and reaching new highs, with expectations for continued upward movement despite some short-term fluctuations [1][3][6]. Price Movement - Gold prices opened the week at $3579.93 per ounce, hitting a low of $3578.09 before rebounding to a weekly high of $3674.36, ultimately closing at $3642.15, marking a weekly increase of $54.64 or 1.47% from the previous week's close of $3589.51 [3][4]. - The weekly price fluctuation was $96.27, indicating significant volatility in the market [3]. Influencing Factors - The rebound in gold prices was driven by weak U.S. labor data and expectations of interest rate cuts from the Federal Reserve, alongside a significant downward revision of U.S. employment data [3][6]. - The market faced pressure from a strong U.S. stock market and negative expectations from the U.S. CPI data, which led to profit-taking and a subsequent price drop [3][4]. Future Outlook - The outlook for gold remains bullish, with expectations that if the Federal Reserve signals a dovish stance, gold prices could easily surpass $3700, potentially reaching $4000 [6][7]. - The market is anticipated to experience continued upward momentum due to ongoing expectations of multiple interest rate cuts by the Federal Reserve, which would further support gold prices [6][7]. - The geopolitical and economic uncertainties, along with the U.S. government's tax and tariff policies, are expected to enhance gold's appeal as a safe-haven asset [6][7]. Technical Analysis - The gold market is currently in a bullish phase, having broken through historical highs, and is expected to continue this trend over the next year, with potential targets of $4200 or higher [7][8]. - Short-term technical indicators suggest a potential for price corrections, but the overall trend remains positive, with key support levels to watch [8][10].

【盘面分析】 【消息面】 美国8月消费者价格指数（CPI）环比增长0.4%，同比增长2.9%。当月，剔除波动较大的食品和能源价 格后，核心CPI环比增长0.3%，同比增长3.1%。此次 8 月 CPI 数据基本符合预期，通胀相对平稳给了美 联储更大的灵活性，根据CME美联储观察，下周降息25个基点的概率下调至90%下方，而降息50个基点 概率上调至10%上方。 美联储方面，当地时间周三，美国司法部向华盛顿联邦上诉法院提交通知，要求推翻此前的裁决。 摘要9月12日，国内贵金属期货涨跌不一，截止目前，沪金主力报价为833.96元/克，涨幅0.07%，沪银 主力报价为10030.00元/千克，涨幅2.33%；国际贵金属期全线飘红，COMEX黄金报价3869.50元/盎司， 涨幅0.44%，COMEX白银报价42.62美元/盎司，涨幅1.31%。 9月12日，国内贵金属期货涨跌不一，截止目前，沪金主力报价为833.96元/克，涨幅0.07%，沪银主力 报价为10030.00元/千克，涨幅2.33%；国际贵金属期全线飘红，COMEX黄金报价3869.50元/盎司，涨幅 0.44%，COMEX白银报价42.62美元/盎司 ...

Group 1 - The core point of the article is the positive market performance following the release of the August Consumer Price Index (CPI) data, which showed a month-on-month increase of 0.4% and a year-on-year increase of 2.9% [1] - The core CPI, excluding volatile food and energy prices, increased by 0.3% month-on-month and 3.1% year-on-year, aligning with market expectations [1][8] - The Dow Jones, S&P 500, and Nasdaq indices all saw significant gains, with the Dow Jones rising by 1.36% [1] Group 2 - Tim Anderson noted that the market breadth was strong, with a ratio of advancing to declining stocks around 4 to 1 or 5 to 1, indicating a broad-based rally [2] - Almost all sectors showed performance, suggesting a healthy rotation within the market [4] - There is a concern that the market may be overextended, but many stocks that broke out continued to rise for several days [5][6] Group 3 - The Producer Price Index (PPI) data showed a decrease of 0.1%, contrary to expectations of a 0.3% increase, indicating potential stabilization in inflation concerns [8] - The Federal Reserve is expected to lower interest rates, with market expectations suggesting a total of 75 basis points cut by the end of the year [9]