黄金本周涨幅有望超过3% 金十数据5月23日讯，在美元走软以及对美国财政和经济前景的担忧的支撑下，黄金本周涨幅有望超过 3%。德国商业银行研究部大宗商品分析师芭芭拉•兰布雷希特表示："黄金再次显示出强势，因为在政 治不确定的时期，黄金的需求尤其旺盛，还有一个原因是美元等其他被认为是避险资产的资产目前正面 临压力。" ...

Core Viewpoint - The gold market is currently facing significant challenges as prices have fallen below $3,200 per ounce, but some analysts remain optimistic about its future potential in the complex economic environment [1][3]. Group 1: Market Conditions - Gold prices have recently dropped significantly, reaching a five-week low due to improved market sentiment following trade negotiations between major economies [3][4]. - The U.S. government's announcement to reduce tariffs on imports from Asian countries within 90 days has led to a shift in investor risk appetite, moving funds from safe-haven assets like gold to riskier assets [3][4]. Group 2: Analyst Insights - George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, maintains a bullish outlook on gold despite short-term price fluctuations, citing ongoing economic uncertainties and inflation risks [3][4]. - The dollar index has risen above 100, but its volatility indicates a lack of strong market confidence in the dollar, which could benefit gold prices [4]. Group 3: Economic Predictions - The Federal Reserve's cautious stance on monetary policy, with expectations of potential interest rate cuts later in the year, may create favorable conditions for gold as inflation rises and economic growth slows [4][5]. - There is growing concern among investors about a possible recession in the U.S., which reinforces the demand for gold as a protective asset against economic instability [5][6]. Group 4: Long-term Outlook - The unique protective attributes of gold, such as its role in hedging against high inflation and geopolitical uncertainties, are expected to continue attracting investors, providing solid support for its price [5][6]. - As uncertainties in the global economic and political landscape persist, gold is anticipated to regain upward momentum, showcasing its significant upside potential [6].

分析师：加密货币反弹部分源于有利的宏观环境和机构涌入 金十数据5月22日讯，XS.com市场分析师Linh Tran表示，加密货币最近的反弹部分源于有利的宏观环境 和机构涌入。美元走软也增强了比特币作为另一种价值储存手段的吸引力。在政策方面，Tran指出了一 些积极的进展，比如美国得州批准了一项建立国家控制的比特币储备的法案，这表明越来越多的立法机 构接受比特币作为一种长期储备资产。 ...

金十数据5月22日讯，澳洲联邦银行（CBA）全球经济与市场研究部分析师Vivek Dhar在一份研究报告 中表示，由于避险需求和美元走软，金价料将在第四季度逐步升至每盎司3750美元。不能排除对伊朗进 行军事打击的威胁，如果美伊谈判继续陷入僵局，就会增加风险。避险需求可能令黄金比以往更受青 睐，在美国提高关税后，黄金的表现优于美元和美国国债。CBA还预计美元将在2025年下半年和2026 年逐步下跌。 澳洲联邦银行：金价将在第四季度触及3750美元 ...

泰国央行行长：泰铢升值主要受美元走软影响。 ...

瑞银：预计美元将再次走软 黄金仍受到支撑 智通财经5月6日电，瑞银财富管理投资总监办公室(CIO)发表机构观点称，美元近期出现超卖，并预计 短期内会有一段时间的盘整。从中期来看，美元疲软的趋势可能再现，同时金价应会受到"避险"需求和 结构性买盘的良好支撑。 ...

Group 1 - The core viewpoint of the articles highlights a significant increase in gold prices driven by a decline in the US dollar and heightened demand for safe-haven assets, with June 2025 gold futures rising by $96.1 to $3343.5 per ounce, marking a 2.96% increase [1] - Analysts note that the US dollar index fell by 0.2% to 99.828, contributing to the upward movement in gold prices, which are expected to remain above $3000 in the short term [1] - The market is anticipating the results of the Federal Reserve's monetary policy meeting, with expectations that interest rates will remain unchanged, potentially marking the last clear outcome of the year [1] Group 2 - Goldman Sachs reported that gold is expected to outperform silver due to strong central bank demand for gold, which is a structural factor in the rising gold-silver ratio [2] - On the same day, silver futures for July delivery increased by $0.495 to $32.675 per ounce, reflecting a 1.54% rise, although this was lower than the increase in gold prices [2]

摩根士丹利的Michael Wilson表示，美元走软将支撑美国企业盈利，有助于美国股市跑赢全球其他市 场。Wilson特立独行地认为美国仍是相对较好的投资选择。他指出，企业盈利增长波动性较小以及美国 企业被认为质量更高是支持这一观点的其他理由。Wilson预计，标普500指数将在5,000点至5,500点区间 内波动。 ...

Core Viewpoint - The international gold market is experiencing a strong upward trend, driven by escalating trade tensions and a weakening US dollar, which enhances gold's appeal to international investors [3][4]. Market Performance - As of April 21, gold prices reached $3,383.35 per ounce, up 1.67% from the opening price of $3,334.11 per ounce, with a daily high of $3,385.22 and a low of $3,328.24 [1]. - The market sentiment remains focused on gold as a safe-haven asset amid concerns over US debt and the credibility of the dollar [3]. Fundamental Analysis - The ongoing trade tensions, exacerbated by US President Trump's tariff policies, have heightened fears of global supply chain disruptions, contributing to a forecasted 0.2% contraction in global goods trade by the World Trade Organization [3]. - Federal Reserve Chairman Jerome Powell's cautious stance on interest rate cuts, alongside persistent inflationary pressures and uneven economic growth, further supports gold prices [3]. Technical Analysis - The current gold price movement is primarily driven by risk aversion stemming from tariff conflicts, with expectations of a potential price drop if tensions ease [3]. - Recent price action shows a bullish trend, with the potential to reach the $3,402 resistance level, while the support level is noted at $3,357 [4]. Strategy Recommendations - The initial strategy for the week suggests focusing on buying during price pullbacks, with a target of $3,400 and a stop-loss set at $3,356 [6]. - If no pullback occurs, a direct buy strategy is recommended, maintaining the same target [6].