Group 1 - The market has fully digested the interest rate cut expectations, leading to cautious sentiment ahead of the FOMC meeting, resulting in fluctuations in gold prices [1] - As of the close of A-shares, COMEX gold futures traded around $4209 per ounce, with the China Gold ETF (518850) down 0.71%, the gold stock ETF (159562) down 3.28%, and the non-ferrous metals ETF (516650) down 3.27% [1] - Market participants are focused on the upcoming FOMC meeting for guidance on interest rates, dot plots, potential resumption of balance sheet expansion, and comments from Fed Chair Powell, which will provide insights into future rate cuts and influence the dollar's movement [1] Group 2 - Traders are also monitoring upcoming U.S. economic data, including ADP weekly employment changes and JOLTS job openings, which may impact dollar price dynamics and provide some momentum for gold prices [1] - According to Everbright Futures, market sentiment remains cautious as the U.S. stock market retreated overnight, the dollar index returned to 99 points, and the ten-year Treasury yield reached a two-month high, putting pressure on gold prices [1] - Ahead of the significant FOMC meeting, gold prices are expected to maintain high volatility [1]

Group 1 - The market has fully digested the interest rate cut expectations, leading to cautious sentiment ahead of the FOMC meeting, resulting in fluctuations in New York gold prices [1] - As of the close of A-shares, COMEX gold futures traded around $4209 per ounce, with the Huaxia Gold ETF down 0.71%, the Gold Stock ETF down 3.28%, and the Nonferrous Metals ETF down 3.27% [1] - Market participants are focused on the upcoming FOMC meeting for guidance on interest rate forecasts, dot plots, potential resumption of balance sheet expansion, and comments from Fed Chair Powell, which will provide insights into future rate cut paths and influence the dollar's movement [1] Group 2 - Traders are also monitoring upcoming U.S. economic data, including ADP weekly employment changes and JOLTS job openings, which may impact dollar price dynamics and provide some momentum for gold prices [1] - According to Everbright Futures, market sentiment remains cautious ahead of the Fed's December meeting, with U.S. stocks retreating overnight, the dollar returning to 99 points, and the ten-year Treasury yield reaching a two-month high, putting pressure on gold prices [1] - Gold is expected to maintain high-level fluctuations in the lead-up to the significant FOMC meeting [1]