Group 1 - The current spot gold price is fluctuating around $3550 per ounce, with a recent drop of 0.4% to $3545.63 per ounce, and a low of $3511.44 per ounce during trading [2] - Investors are focused on the upcoming U.S. non-farm payroll report, which could influence the Federal Reserve's interest rate decisions and subsequently affect gold prices [2] - Weak employment indicators are reinforcing expectations for interest rate cuts, supporting gold's safe-haven demand, while better-than-expected data could put more pressure on gold [2] Group 2 - After a dip, gold rebounded and is currently in a consolidation phase, with key levels to watch being $3575 for resistance and $3510 for support [3] - The $3500 level is identified as the last support for bulls, with a significant upward movement of over $200 observed this week despite a $70 drop on Thursday morning [3] - Technical indicators suggest a bullish trend for gold, with the stochastic indicator showing no clear bearish signals and MACD lines trending upwards [3] Group 3 - Domestic gold prices in China are rising in line with international market trends, with potential for a pullback [3] - The suggested trading strategy includes light short positions in domestic gold, with targets around 818 for Shanghai gold and 810 for accumulated gold, depending on the non-farm data impact [3]

Group 1 - The core viewpoint is that gold has demonstrated its appeal as a safe-haven asset amid global economic uncertainties, with prices surpassing $3500 per ounce for the first time, reflecting a response to weak U.S. economic indicators and geopolitical risks [2] - Gold prices surged over 1% on Tuesday, reaching a high of $3539.88 per ounce and closing at $3533.40, marking a year-to-date increase of 34.5%, significantly outperforming other assets [2] - The backdrop of continuous contraction in U.S. manufacturing, escalating tariff disputes, and strong expectations for Federal Reserve interest rate cuts has contributed to the robust rise in gold prices, indicating investors' instinctive choice for safety [2] Group 2 - The analysis suggests that the bullish trend for gold remains intact, with recommendations to wait for pullbacks to enter long positions, particularly at support levels of 3525 and 3500 [3] - The domestic gold market in China has also seen significant increases, with Shanghai gold reaching around 818 and accumulated gold at approximately 811, reflecting the international market's upward momentum [3] - The strategy emphasizes a cautious approach, advocating for buying on dips rather than chasing prices higher, as the current market dynamics are driven by major players and not purely technical analysis [3]

Group 1: Gold Market Analysis - The bullish trend for gold remains unchanged, with a focus on waiting for pullbacks to enter long positions, particularly at support levels of 3525 and 3500 [4][5] - Recent price movements show a significant increase from 3410 to 3550, indicating strong market momentum that is difficult to analyze through technical means [5] - The domestic gold market has mirrored international trends, with significant price increases observed, and the recommendation is to maintain a bullish stance without shorting [5][6] Group 2: Silver Market Insights - International silver experienced a predicted pullback, with key support at 40; a break below this level could signal a shift in market strength [6] - The upper resistance levels for silver are noted at 41 and 41.5, with expectations of another upward movement before potentially reaching a peak [6] - Domestic silver also showed a pullback, with a focus on resistance at 9950 and support at 9700, indicating a cautious approach to trading [6] Group 3: Oil Market Overview - The oil market is currently observing upward momentum, with support at 62.5 and potential for further increases if the price breaks above 65 [6] - Recent trading has seen oil prices close at around 66, suggesting a stronger performance compared to gold [6] - The recommendation is to continue a bullish outlook on oil, with a target of reaching 68 to 70 [6] Group 4: Fuel Oil Market Commentary - Domestic fuel oil has shown a successful rise, with current prices around 2840; however, it is advised to take profits and remain cautious [7] - The market is expected to oscillate between 2700 and 3000, indicating a non-trending environment where traders should wait for pullbacks to enter long positions [7]

Group 1: Market Influences - The U.S. President's rare visit to the Federal Reserve headquarters highlights a public disagreement with Chairman Powell over the rising costs of a renovation project, which has escalated to $3.1 billion [1] - The U.S. has imposed a 15% tariff on Japanese goods, while Japan has committed to invest $550 billion in the U.S. [1] - The escalating conflict between Cambodia and Thailand has resulted in at least 33 deaths and 28 injuries, impacting regional stability [1] Group 2: Gold Market Insights - The gold jewelry market is still expected to grow, despite concerns about market saturation, with over 80% of Chinese consumers owning gold jewelry [2] - A significant 67% of surveyed individuals expressed intentions to purchase gold jewelry within the next 12 months as a means of preserving value [2] Group 3: Technical Analysis - The daily trend for gold remains bullish, with strong support around $3,320 per ounce, despite a recent drop to $3,323 per ounce [4] - The four-hour chart indicates a double bottom formation, suggesting a potential upward movement, with a target price of $3,350 per ounce [4] - The current investment strategy recommends a bullish outlook on gold at $3,310 per ounce, with a target of $3,350 per ounce [4]

Group 1 - The bullish trend in gold has successfully reached its target, indicating a potential end to the upward movement [1] - Following the completion of the bullish trend, a significant drop in gold prices has been observed, raising questions about the reasons behind this decline [1] - Despite the end of the gold bullish trend, there are still other trend opportunities available in the market [1]

Group 1 - The article discusses the potential for gold prices to rise above 3425, indicating the beginning of a new bullish trend [1] - It suggests that the 3400 psychological level is not a strong resistance point for gold [1]

Group 1: Gold Market Trends - Gold prices have recently surpassed $3400 per ounce, marking a significant increase of nearly 1.5% due to weakening of the US dollar and bond yields amid trade negotiation uncertainties [1] - The demand for gold is being supported by geopolitical tensions and trade uncertainties, with the EU considering broader countermeasures against the US due to bleak prospects for a trade agreement [1][2] - Central banks are expected to continue increasing their gold reserves, with over 90% of surveyed central banks indicating plans to buy more gold in the next 12 months, the highest percentage since the survey began in 2019 [3] Group 2: Central Bank and Economic Factors - The trend of central banks purchasing gold remains strong, with China's gold reserves reported at 73.9 million ounces as of June, marking an increase for the eighth consecutive month [3] - The geopolitical risks and inflation concerns are driving investors towards gold as a defensive asset, with expectations of continued price increases in the coming weeks [2][4] - The Federal Reserve's potential for interest rate cuts and ongoing global uncertainties are expected to support a long-term upward trend in gold prices [4] Group 3: Company Insights - Zijin Mining (02899) is projected to have a compound annual growth rate (CAGR) of 12% in gold production from 2020 to 2024, with strong performance in resource acquisition and production capabilities [5] - Zhaojin Mining (01818) benefits from excellent gold resources and ongoing projects that are expected to drive future growth, supported by rising gold prices due to geopolitical risks [6] - Shandong Gold (01787) has a rich resource base and ongoing expansion projects, with projected net profits increasing significantly from 30.30 billion to 59.38 billion yuan from 2024 to 2026 [6] - Lingbao Gold (03330) has substantial gold reserves and is implementing a "going out" strategy to focus on overseas quality resources, enhancing its growth potential [6]

Core Viewpoint - The article discusses the recent volatility in gold prices and questions whether the overall upward trend has changed, highlighting the increasing market anxiety and the search for investment opportunities in this environment [1] Group 1 - Gold prices are experiencing increased volatility, raising concerns about a potential shift in the overall upward trend [1] - Market anxiety is intensifying, prompting investors to seek opportunities amidst the current market conditions [1]

Group 1 - The article indicates a bullish trend forming for gold in the short term, suggesting potential for further gains during the U.S. trading session [1] - There is a focus on whether the price will retrace and provide an opportunity for buying, highlighting the importance of market timing for traders [1]

Core Viewpoint - The situation in the Middle East is becoming tense again, which may lead to a significant jump in gold prices next week, indicating a potential resurgence of bullish trends in the gold market [1] Group 1 - The upcoming week may see a substantial gap up in gold prices due to the escalating tensions in the Middle East [1] - There is an expectation for gold bulls to strategize their positions in light of the current geopolitical climate [1]