新华财经北京5月6日电上周（4月28日至5月2日当周）国际现货黄金冲高回落，当周累计下跌78.12美元 或2.35%，周K线连续第二周收阴。 避险情绪缓和、强劲的美国就业数据提振美元反弹，以及市场对美联储6月降息预期降温等多重因素导 致金价自4月22日历史高点连续两周下跌近300美元、跌幅约7%。但4月份整体，金价仍以上涨164.57美 元或5.27%，实现连续第四个月收阳。 展望新的一周，贸易谈判进展仍是关键变量，若谈判陷入僵局，避险需求可能推升金价。另外，5月美 联储货币政策会议是周内的焦点事件，尤其是鲍威尔的讲话可能提供美联储未来政策走向的线索。 避险情绪缓和上周金价震荡回落 上周，美国关税政策的最新变动，是市场避险情绪回落、金价高位回调的主要因素。 美国总统特朗普29日签署公告，允许对进口汽车零部件、在美国组装汽车的汽车生产商进行一定程度的 补偿。同日，美国财政部长贝森特表示，特朗普政府在关税谈判方面正在取得实质性进展。此外，美国 商务部长霍华德·卢特尼克（Howard Lutnick）当日也表示，特朗普政府已经达成首个贸易协议，但该协 议尚未完全就绪。卢特尼克也没有披露该协议涉及的国家名称。 另外， ...

Fundamental Analysis - Trump's announcement of a 100% tariff on overseas film production has raised global trade war concerns, increasing market uncertainty and driving demand for gold as a safe-haven asset [3] - The U.S. services sector showed signs of recovery in April, with the non-manufacturing PMI rising from 50.8 in March to 51.6, indicating positive growth [3] - However, the index measuring corporate payment prices surged to its highest level in over two years, driven by tariff impacts, leading to increased inflationary pressures [3] - The market is closely watching the Federal Reserve's policy decision, with expectations that interest rates will remain unchanged at 4.25%-4.50% [3] - Due to the ongoing effects of Trump's tariff policy, market expectations for a rate cut in June have dropped to 37%, with major financial institutions like Goldman Sachs and Barclays pushing back their rate cut predictions to July [3] Technical Analysis - The gold market exhibited a clear shift in momentum last week, initially experiencing a consolidation phase before a downward trend took hold [5] - A significant bullish reversal occurred on Monday, with gold prices rising sharply and closing with a large bullish candle, indicating a potential shift back to a bullish market [5] - Current technical indicators suggest that if gold can maintain support above the moving averages, an upward trend may continue; otherwise, a new round of adjustments could occur [5] - Key resistance levels for gold are identified at 3353, 3370/3371, and 3386, while support levels are at 3305 and the critical zone of 3270-3260 [7][8]

关税威胁压顶，美股回落，标普500指数终结二十余年来最长连涨日，黄金进一步走高。盘中公布的美国服务业先行指标意外向好，帮助遏制美股跌势，美 债收益率攀升。OPEC+再次加快增产后，原油开盘大跌，后收窄过半跌幅。 避险情绪重回市场，美股各行业板块普遍收跌： 汇市方面，新台币兑美元创1988年来最大盘中涨幅。后中国"台湾央行"重申，美财政部未要求新台币升值，称强烈的新台币升值预期部分 来自市场评论人员，呼吁评论人员勿以臆测方式论市，重申若汇率波动危及市场稳定，将介入。此外，评论称台湾险资对冲操作也助推新 台币飙涨。 周一，美国三大股指集体收跌，标普终结九连阳。影业关税威胁的冲击下，奈飞收跌近2%、迪士尼跌0.44%，苹果收跌超3%。伯克希尔-哈撒韦最终收跌 超5%。美股各板块ETF普遍收跌，其中OPEC+增产消息导致能源和油气板块跌超1.7%。 美股三大股指： 芯片股： 美股行业ETF： 标普能源和油气ETF领跌美股各板块ETF，其中前者跌幅1.81%，后者跌超1.7%。 美股盘前，据证券时报，特朗普4日周日称，美国正与中国等多国就贸易协议举行会谈，对华谈判的主要优先事项是确保达成公平的贸易协 议。据，特朗普周日 ...

黄金：3260-3263做空，止损3270，目标看3240-3220一线。破位持有。 张津镭：黄金上演"多空拉锯战"！反弹即空？美联储决议前谨防"黑天鹅"！ 上周因避险情绪消退，黄金回落不少。周一多个国家证券休市，估计波动很大概率还是震荡。周尾将迎 来美联储利率决议，料将主导本周行情，另外，需要继续关注国际贸易局势的相关消息。 周一（5月5日）今天亚市早盘时段，金价又有点小反弹，美国股指期货下跌，市场里出现了一些空头回 补的迹象。5月7日美联储决议在即，鲍威尔一句"暂不降息"直接把金价吓崩了。华尔街50%的分析师都 押注金价继续跌，可他们自己却偷偷增持了80吨黄金储备，这不是典型的"嘴上说不要，身体很诚 实"嘛！ 另外，特朗普"反复横跳"的贸易政策，让避险情绪就像坐电梯一样急速下降。要是中美重启谈判，金价 可能就像坐滑梯一样直逼3000美元大关。反之，继续各种关税政策黄金自然会回归大涨行情。所以，现 在黄金的"避险光环"亮不亮，全看国际新闻头条如何了。 从技术上来看，综合目前技术走势以及基本面的预期情况，本周初黄金允许出现一定的回弹，毕竟上周 连续3日下跌后，出现超跌反弹也是理所应当的，上方5日线3270都可 ...

市场上不乏相关概念股，如四川黄金、银泰黄金、中润资源、中金黄金等，皆是值得留心的良器。愿大家在这波金市潮涌中，找到属于自己的希望与财富， 迎接更美好的明天。 自古金价便如朝露，风云变幻，总是那般难以捉摸。然则，近日国际金价自三月九日以来，仿佛乘风破浪，直抵云霄。于三月三十日之际，伦敦现货黄金一 度跃至每盎司二千零九美元，COMEX黄金也几近触碰每盎司二千零一十五美元，市场上现货与期货合约的金价齐齐登上近一年来的高峰，令人瞩目。 回顾这一月，金价在持续上涨之中，涨幅已经超过了九个百分点，而这一切皆因外部因素的推波助澜。首要原因，非彼海内外银行业的暴雷所不可。三月 初，硅谷银行的轰然坍塌如同多米诺骨牌般接踵而至，随后瑞士信贷的流动性危机更是火上浇油，引发欧美股市的狂跌，避险情绪瞬间朔风骤起，金价便顺 势而涨了五个百分点。 随后，美联储的加息政策似乎随之减缓，带来了金价的第二波行情。在经历加息二十五个基点之后的短短三个交易日内，金价又上涨了四个百分点。尽管加 息本是原本的计划，但美联储所释放出的短期鸽派信号，使美元随之走弱，市场对未来进一步加息结束的预期则如春风化雨，滋润了金价的上涨。 再看A股市场，金价的耀眼光辉 ...

本周美元指数与黄金价格走势呈现鲜明对比。美元指数在市场对全球贸易战担忧情绪显著缓解的推动下，预计将连续第二周录得上涨，收盘时有望 稳定在100整数关口附近，显示出美元在当前市场环境下的相对强势。与之相反，现货黄金市场则因多重利空因素交织而承压。避险情绪的消退、 美元指数的走高以及劳动节假期前交易员的获利清算行为，共同导致黄金价格连续第二周收跌，周五收于3241美元/盎司。 上周五的非农数据并未给市场带来显著意外，黄金价格在日内有所波动，但整体仍维持弱势格局。从技术面分析黄金价格在连续下跌后虽出现一定 程度的修复，但上方压力依然明显。特别是在1小时图上，均线呈现死叉向下的空头排列，表明短期趋势依然偏空。下周3270美元/盎司一线将成为 黄金价格多空争夺的关键点位。若该点位未能被有效突破，黄金价格或将维持震荡格局，多头反转仍需更多积极因素支撑。目前上方阻力在3264- 3270，下方支撑在3208-3200，操作上徐老师建议回调做多为主，反弹高空为辅。 操作策略1：建议反弹3265-3270空，损3275，目标看3240-3225。 操作策略2：建议回调3225-3220多，损3214，目标看3240-3255。 ...

金价大回调，上车还是离场？ 国内部分品牌金饰价格已跟跌下调 5月1日，国际现货黄金价格遭遇重挫，盘中一度跌超2%，最低触及3220美元/盎司。期货市场上， COMEX黄金期货最低触及3228美元/盎司，较4月22日创下的历史高点3509.9美元/盎司下跌281.6美 元，回调幅度超8%。 但中长期看，市场避险情绪、降息预期依旧对金价形成支撑。 多家机构提示：投资者关注短期交易风险 近期，黄金的波动也引起了交易所的关注。 正逢国内五一假期，部分品牌金饰价格已经跟跌下调。今日，老庙黄金金饰最新标价995元/克，金饰价 格20天来首次跌破千元。周大福今日足金价格1009元/克，较昨日1022元下调13元/克。 黄金降价叠加节日促销，提振大家消费热情，多家金店人头攒动。 作为黄金珠宝集聚区，深圳水贝今日白天的黄金价格也下调到780元/克。 正值节日，商家推出一些工费、附加费优惠，如工费打5折，吸引更多顾客来购买。深圳卖黄金十多年 的谢女士表示，"五一假期来临，加上今天金价下调，一上午来购买的人数又上来了，大克重的手镯、 古法风格的吊坠等都是比较受欢迎的产品。" 为何金价大回调？多重因素共同导致 宏观层面上，国际贸易紧 ...

Group 1 - International spot gold prices have experienced a significant decline, dropping over 2% on May 1, reaching a low of $3220 per ounce, and COMEX gold futures fell to $3228 per ounce, down $281.6 from the historical high of $3509.9 on April 22, marking a correction of over 8% [1] - During the May Day holiday in China, some gold jewelry prices have been reduced, with Chow Tai Fook's gold price dropping from 1022 to 1009 yuan per gram, a decrease of 13 yuan [1] - Despite high gold prices suppressing demand, there has been an increase in consumer interest in gold jewelry, particularly in traditional and hard gold products, with reports of long queues at stores [2][1] Group 2 - The decline in international gold prices is attributed to positive developments in U.S. trade negotiations, leading to a third consecutive day of price drops [4] - There is a noticeable trend of profit-taking among gold bulls, with the CFTC reporting a reduction of 26,832 non-commercial net long positions in COMEX gold futures, bringing the total to 175,378, which is 37.7% of the market [5] - In the medium to long term, market sentiment regarding risk and expectations of interest rate cuts are expected to support gold prices, especially following a reported GDP contraction of 0.3% in the U.S. for Q1 2025, the first negative growth since Q1 2022 [6]

Core Viewpoint - The international gold market experienced significant volatility during the May Day holiday, with spot gold prices dropping over $50 in a single day, falling below $3240 per ounce, and showing a cumulative decline of over 5% from historical highs [1] Group 1: Market Dynamics - The sharp decline in gold prices was influenced by multiple factors, including a easing of international trade tensions, as the U.S. is set to announce the first batch of trade agreements and potentially lower some tariffs, which alleviated global economic risk concerns and suppressed gold's safe-haven appeal [1] - Investor profit-taking due to heightened fear of high prices further exacerbated the drop in gold prices [1] Group 2: Regulatory Response - Regulatory bodies acted swiftly in response to the volatility, with the Shanghai Futures Exchange and Shanghai Gold Exchange adjusting trading fees, margins, and price limits for gold futures to mitigate market risks [1] - Several banks issued urgent warnings, advising investors to approach precious metal investments with caution due to increased volatility [1] Group 3: Future Outlook - Despite short-term pressure on gold prices, there remains a divergence in market sentiment regarding future trends, with some economic data suggesting a potential resurgence of safe-haven demand, while expectations of Federal Reserve interest rate cuts could provide upward momentum for gold [2] - Long-term support factors for gold prices include continued accumulation by global central banks, geopolitical uncertainties, and expectations of a weakening U.S. dollar, which may drive prices higher again [2] - The key variables for future gold price movements may hinge on the timing of Federal Reserve policy shifts and whether the global economy achieves a "soft landing" [2]

Group 1: Gold Market Analysis - The current geopolitical tensions have heightened market risk aversion, impacting gold prices [1] - The technical analysis indicates a potential topping pattern, with significant resistance at the 3330 level [1] - Short-term trading strategy suggests focusing on short positions within the range, with resistance at 3280-3300 and support at 3230-3200 [1] Group 2: Silver Market Analysis - The silver market experienced volatility, with a significant drop during the European trading session, reaching a low of 32.160 [3] - The closing price for silver was recorded at 32.595, following a slight rebound in the US trading session [3] - Recommended trading strategy includes initiating short positions at 32.65, with a stop loss at 32.85 and targets set at 32.45-32.25 [3]