每经AI快讯，11月25日，美元指数跌0.20%，报100.0点。 ...

来源：滚动播报 今日，人民币汇率刷新逾1年来高位，在岸、离岸人民币对美元汇率双双收复7.09关口。展望来看，业 内认为，后续美元指数上行空间有限，人民币走势则将稳中偏强，四季度的季节性结汇需求将为人民币 走势提供重要支撑。东方金诚首席宏观分析师王青表示，伴随美联储未来还可能继续降息，美元指数上 行空间有限。不过，年初以来美元跌幅巨大，市场对包括美联储降息等在内的利空因素有所消化，后期 美元指数也会展现出一定抗跌韧性。"经济基本面将为人民币汇率提供重要的内在支撑，预计短期内人 民币还会处于偏强运行状态。"王青表示，接下来要重点关注美元走势、人民币中间价调控力度，以及 国内稳增长政策的力度和节奏。 ...

新华财经北京11月25日电 11月24日，多位美联储官员讲话再度强化市场对12月降息的预期，推动美元 指数在100关口上方高位震荡；同日，离岸人民币兑美元一度跌破7.11，但期权市场数据显示，交易员 对人民币的看涨情绪已升至十四年来的最高水平。 消息显示，美联储理事沃勒表示，最新数据显示劳动力市场依然疲软，因此他主张在12月进行降息。12 月会议后将密集发布的延迟经济报告，可能让1月的决定"更棘手"。旧金山联储主席戴利表示支持在12 月降息，因为她认为就业市场突然恶化的可能性比通胀骤然上升更大，也更难以控制。 25日盘中，人民币兑美元中间价上调21点报7.0826，在岸和离岸人民币兑美元双双涨破7.10关口。 上周，美联储因就业数据变差而降息的逻辑线变弱，美元指数表现偏强，人民币汇率展现出较强韧性。 中国外汇交易中心数据显示，11月21日当周，CFETS人民币汇率指数报98.22，环比涨0.39；BIS货币篮 子人民币汇率指数报104.66，环比涨0.5；SDR货币篮子人民币汇率指数报92.6，环比涨0.34。 据华尔街见闻报道，交易员不断下调对人民币的看跌预期，截至周一的期权定价显示，对人民币的看涨 情绪目 ...

Group 1 - The interbank foreign exchange market showed stable trading volume, with the average daily trading volume increasing by 6.72% month-on-month to $205.18 billion, despite a slight year-on-year decline of 0.3% [2] - The average daily trading volume in the RMB foreign exchange market was $152.54 billion, down 5.72% year-on-year but up 6.3% month-on-month, with both spot and swap transactions increasing by over 7% [2] Group 2 - The US dollar index continued to strengthen, reaching around 99.5 before declining to above 98, with a month-end value of 99.804, reflecting a 2.08% appreciation from the previous month [3] - The RMB exchange rate rose to a yearly high of 7.0995 against the US dollar before fluctuating, ending the month at 7.1135, a slight appreciation of 0.07% [4] Group 3 - The domestic foreign exchange spread shifted from negative to positive by the end of the month, with an average daily spread of -29 basis points, which was wider by 25 basis points compared to the previous month [5] - The market saw a shift from net buying to net selling of foreign exchange by institutions, with an average daily net buying of $11.80 million throughout the month [5] Group 4 - The implied volatility of RMB foreign exchange options remained low, with an average daily trading volume of $5.23 billion, down 9.07% month-on-month [6] - The 1-month implied volatility for RMB against the US dollar reached a low of 2.19%, the lowest since June 2017 [6] Group 5 - The long-term swap points reached a new high not seen in nearly three years, with the 1-year swap points ending at -1287 basis points, an increase of 35 basis points from the previous month [7] - The market's buying pressure remained strong, with the 1-year swap points reflecting significant market supply and demand factors [8] Group 6 - The dollar liquidity in the foreign currency interest rate market remained loose, with the overnight dollar interest rate spread maintaining a negative direction, reaching a yearly high of -40 basis points by the end of the month [10] - The SOFR rate fluctuated, ending the month at 4.22% after a drop following the Fed's rate cut [9]

Group 1: Price Performance - London Gold's latest price is 4072.85 with no change [1] - London Silver's latest price is 48.91 with no change [1] - London Platinum's latest price is 1522.00, down 23.00 [1] - London Palladium's latest price is 1388.00, down 16.00 [1] - WTI Crude's latest price is 58.84, up 0.78 [1] - LME Copper's latest price is 10777.00, up 101.50 [1] - US Dollar Index's latest price is 100.20, up 0.05 [1] - Euro to US Dollar's latest price is 1.15 with no change [1] - British Pound to US Dollar's latest price is 1.31 with no change [1] - US Dollar to Japanese Yen's latest price is 156.92, up 0.51 [1] - US 10 - year TIPS's latest price is 1.82 with no change [1] Group 2: Trading Data - COMEX Silver's latest inventory is 14329.69, up 0.24 [2] - SHFE Silver's latest inventory is 532.30, up 13.03 [2] - Gold ETF's latest position is 1040.86, up 0.29 [2] - Silver ETF's latest position is 15257.92 with no change [2] - SGE Silver's latest inventory is 822.42 with no change [2] - SGE Gold's latest deferred fee payment direction is 1 with no change [2] - SGE Silver's latest deferred fee payment direction is 2 with no change [2]

【黄金期货最新行情】 | 11月24日 | 收盘价（元/克） | 当日涨跌幅 | 成交量（手） | 持仓量（手） | | --- | --- | --- | --- | --- | | 沪金主力 | 930.32 | -0.52% | 314958 | 164620 | 打开APP，查看更多高清行情>> 【基本面消息】 数据显示，11月24日上海黄金现货价格报价925.39元/克，相较于期货主力价格（930.32元/克）贴水4.93 元/克。 宁证期货：多位美联储官员释放降息信号。美联储"三把手"、纽约联储主席威廉姆斯称，随着劳动力市 场降温，美联储在近期仍有进一步降息的空间。美联储理事米兰也表示，如果他的投票在下一次议息中 具有决定性作用，他将支持降息25个基点。评：美联储降息预期增加，但是由于就业数据缺席，降息的 决策仍然具有很大不确定性。黄金承压，中期或高位震荡。关注美元指数对黄金的影响。 11月18日，美国总统特朗普表示，他认为自己已经选定了下一任美联储主席的人选，同时声称有人阻止 他开除现任美联储主席鲍威尔。贝森特表示，他已将候选范围缩小至以下人选：现任美联储理事沃勒和 鲍曼，前美联储理事沃什，白宫 ...

1美元兑换156.74日元，高于前一交易日的156.33日元；1美元兑换0.8077瑞士法郎，低于前一交易日的 0.8078瑞士法郎；1美元兑换1.4108加元，高于前一交易日的1.4094加元；1美元兑换9.5449瑞典克朗，低 于前一交易日的9.5535瑞典克朗。 衡量美元对六种主要货币的美元指数当天下跌0.04%，在汇市尾市收于100.144。 截至纽约汇市尾市，1欧元兑换1.1528美元，高于前一交易日的1.1513美元；1英镑兑换1.3109美元，高 于前一交易日的1.3103美元。 新华财经纽约11月24日电美元指数24日下跌。 （文章来源：新华社） ...

每经AI快讯，周一（11月24日）纽约尾盘，ICE美元指数跌0.03%，报100.150点。彭博美元指数涨 0.02%，报1226.64点。 ...

Core Viewpoint - The international gold market experienced a slight decline last week, influenced by the Federal Reserve's expectations regarding interest rate cuts in December and mixed employment data, but remains above the 5-10 week moving averages, indicating potential for future strength [1][3] Group 1: Market Performance - Gold prices opened the week at $4084.59 per ounce, hitting a weekly low of $3997.78 on Tuesday, before reaching a high of $4132.38, ultimately closing at $4064.80, resulting in a weekly fluctuation of $134.6 and a decline of $19.79, or 0.48% [1] - The market is currently experiencing a narrow range of fluctuations, with early signs of recovery supported by dovish comments from Federal Reserve officials, although facing resistance from a strong dollar index [3] Group 2: Future Outlook - The outlook for gold remains bullish, with expectations of a continued easing cycle from the Federal Reserve and ongoing geopolitical risks, alongside persistent demand for gold from global central banks and ETF holdings [6] - Historical trends suggest that corrections during easing cycles often present good buying opportunities, reinforcing the view that current adjustments may be seen as entry points for investors [6] - Technical analysis indicates that gold prices are above the 10-week moving average, with potential for further upward movement if key resistance levels are broken, while support levels are identified at the 60-day and 100-day moving averages [8]

Report Summary 1. Report Industry Investment Rating No investment rating for the industry is provided in the report. 2. Core View of the Report The dovish signal from New York Fed President Williams last Friday increased the market's expectation of a December interest - rate cut from less than 40% to over 70%, boosting the stock and precious - metal markets. However, there are significant differences within the Fed, which brings uncertainty to the market. Currently, the high - level US dollar index exerts pressure on gold and silver, but due to the potential for interest - rate cuts, the downside space for precious metals is limited. This week, the release of economic data may provide more clues for the Fed's policy path, and gold and silver will seek a breakthrough direction in volatility [9]. 3. Summary by Relevant Catalogs Market Review - Precious metals: London gold traded around $4060, and London silver around $50. Driven by the overseas market, Shanghai gold closed down 0.52% at 930.32 yuan/gram, and Shanghai silver's main contract closed down (the percentage is missing in the text) at 11,808 yuan/kilogram [3]. - US dollar index: It fluctuated slightly at a high level, currently trading around 100.17 [4]. - US Treasury yields: The 10 - year US Treasury yield was horizontally consolidated, currently trading around 4.067% [5]. - RMB exchange rate: The RMB weakened slightly against the US dollar, currently trading around 7.106 [6]. Important Information - US macro data: The preliminary November 2025 S&P Global Manufacturing PMI was 51.9 (4 - month low), the Services PMI was 55 (4 - month high), and the Composite PMI was 54.8 (4 - month high). The final November 2025 University of Michigan Consumer Confidence Index was 51 (expected 50.5, previous 50.3), and the one - year inflation rate expectation was 4.5% (previous 4.70%) [7]. - Fed views: Williams believes the Fed can cut rates "soon" without harming the inflation target; Collins is cautious about a December rate cut but expects further cuts; Milan would support a 25 - basis - point rate cut if his vote is decisive; Logan thinks the Fed should "keep interest rates unchanged for the time being" [7]. - Fed observation: The probability of a 25 - basis - point rate cut in December is 69.4%, and the probability of keeping rates unchanged is 30.6%. By January next year, the probability of a cumulative 25 - basis - point rate cut is 56.9%, the probability of keeping rates unchanged is 20.8%, and the probability of a cumulative 50 - basis - point rate cut is 22.3% [7]. Logical Analysis Williams' dovish remarks raised the market's expectation of a December rate cut, but the internal differences in the Fed still bring uncertainty. The high - level US dollar index pressures gold and silver, but the potential for interest - rate cuts limits their downside. This week's economic data may provide more clues for the Fed's policy, and gold and silver will seek a direction in volatility [9]. Trading Strategies - Single - side: Conservative investors should wait on the sidelines until the market direction is clear. Aggressive investors can cautiously try to go long at lows near the 20 - day moving average [10]. - Arbitrage: Wait and see [11]. - Options: Wait and see [12]. Data Reference The report provides multiple sets of data charts, including the relationship between the US dollar index and precious metals, real yields and precious metals, domestic and foreign futures trends, futures - spot trends, internal - external price differences, ETF holdings, futures trading volume, futures inventory, trading volume, TD data, and Treasury yields and break - even inflation rates, to help analyze the precious - metals market [15][17][18][20][23][26][30][38][43][44][47][50][55].