随着七夕的临近，各大门店陆续推出优惠活动，叠加金价小幅回落，点燃了黄金消费市场。 8月23日19时，北京菜百首饰店内金饰柜台前人头攒动。"马上就是七夕了，我们趁着周末过来看看对戒 作为节日礼物。"正在挑选对戒的李女士对《证券日报》记者说，这几年黄金首饰的款式越来越年轻 化、有设计感，而且黄金本身比较保值，所以打算买一对金戒指。 菜百首饰当日的挂牌价格显示，金饰价格为988元/克。销售人员告诉记者，最近金饰价格较为平稳，目 前店内还推出了满减活动，因此吸引了众多顾客前来购买。"古法"黄金手镯、手串，以及点钻工艺的挂 坠项链等款式尤为畅销。 尽管北京当晚飘着小雨，但记者在菜百首饰店内发现，前来购买金饰的顾客络绎不绝。黄金饰品火热的 销售场景并非个例。日前，记者还前往了北京SKP，在21点30分时，老铺黄金柜台前仍大排长龙。与老 铺黄金相邻的一家商铺的销售人员告诉记者，这样的排队场景近期经常出现。 根据老铺黄金门店的告示，该品牌参与商场的七夕活动，活动内容包括每满1000元减50元。正在排队的 沈女士对记者说："老铺黄金饰品价格虽然较高，但有满减活动就比较划算，而且马上又要调价了，所 以我想趁这个机会购买心仪已久的 ...

本报记者 刘琪 随着七夕的临近，各大门店陆续推出优惠活动，叠加金价小幅回落，点燃了黄金消费市场。 8月23日19时，北京菜百首饰店内金饰柜台前人头攒动。"马上就是七夕了，我们趁着周末过来看看对戒作为节日礼 物。"正在挑选对戒的李女士对《证券日报》记者说，这几年黄金首饰的款式越来越年轻化、有设计感，而且黄金本身比较保 值，所以打算买一对金戒指。 根据老铺黄金门店的告示，该品牌参与商场的七夕活动，活动内容包括每满1000元减50元。正在排队的沈女士对记者 说："老铺黄金饰品价格虽然较高，但有满减活动就比较划算，而且马上又要调价了，所以我想趁这个机会购买心仪已久的点 钻葫芦。" 拎着老铺黄金购物袋的王女士则对记者表示，她这次没有选择老铺黄金比较有特色的点钻首饰，而是购入了一只纯金手 镯。参加满减活动后，纯金手镯的克价相对点钻首饰低一些，且更加保值。 在记者走访的过程中，"保值"一词是消费者口中出现频率最高的词汇。有消费者告诉记者，今年1月份在周大福购买了一 条金手链，当时的价格大约是800元/克，而现在金饰克价已经超过了1000元。 今年，现货黄金价格屡创新高，备受市场关注。Wind资讯数据显示，4月22日，伦敦金 ...

Core Viewpoint - International gold prices are struggling around the $3,300 mark, indicating a potential turning point in the market dynamics [1][4]. Group 1: Market Trends - Gold has been oscillating in a high-level range between $3,200 and $3,500 since April 22, with no new highs reached, attributed to reduced risk appetite and upcoming U.S.-China trade negotiations [3]. - The 20-day moving average is flattening, suggesting that the bullish trend may be approaching a turning point, while the 60-day moving average is at $3,243, indicating that failure to rise above this level could lead to a negative mid-term trend for gold [3][4]. Group 2: Fundamental vs. Technical Analysis - Despite the current bullish sentiment towards gold, including central banks increasing their gold holdings, the technical indicators suggest a potential risk of a downturn, highlighting a divergence between fundamental and technical analyses [4]. - The market is at a critical juncture where technical analysis may provide early signals of fundamental shifts, emphasizing the need for caution despite a generally positive outlook on gold [4].

Short-term Downward Factors - International gold prices are under adjustment pressure, with potential for further declines in the short term [2] - Gold prices have broken below the key support level of $3200, with short-term support shifting to the $3150 - $3160 range [3] - If gold prices effectively drop below $3150, it may trigger programmatic selling, potentially reaching the psychological level of $3100 [3] Short-term Support or Rebound Factors - Despite the current bearish market sentiment, there is a possibility of short-term price recovery due to the Stochastic Oscillator being in the oversold region, indicating potential for a rebound [3] - Geopolitical uncertainties, such as the ongoing economic tensions between the US and China, may trigger safe-haven demand, supporting gold prices [3] - Central banks globally have shown a trend of net gold purchases, with 244 tons bought in Q1 2025, providing solid support for gold prices [3] Medium to Long-term Trend Analysis - Goldman Sachs maintains a target price of $3700 for gold by the end of 2025, with an extreme scenario suggesting a rise to $4500 [2] - Morgan Stanley warns that if the US economy does not "land," gold prices could plummet to $2700 [2] - Citic Securities forecasts that COMEX gold will range between $3000 and $3250 for the entire year [2] - The long-term outlook for gold remains positive due to stable demand driven by central bank purchases and the weakening of the US dollar's credit [3]

美国证实加拿大及墨西哥汽车零部件免关税。 当地时间5月1日，美国三大股指全线收涨，其中道琼斯工业指数、标准普尔500指数均实现八连涨。国际金 价当天回落，伦敦金现价格当天收盘跌幅超过1.5%，盘中一度险些跌破3200美元/盎司。 消息面上，美国海关和边境保护局当地时间5月1日证实，加拿大和墨西哥制造的汽车零部件属于《美加墨协 议（USMCA）》的一部分，将免于25%的关税，该关税将于5月3日生效。 道琼斯工业指数实现八连涨 当地时间5月1日（周四），美国三大股指全线收涨，道琼斯工业指数涨0.21%，报40752.96点，标准普尔500 指数涨0.63%，报5604.14点，纳斯达克综合指数涨1.52%，报17710.74点。其中，道琼斯工业指数、标准普 尔500指数均已经录得八连涨。 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 道琼斯工业指数 | 40752.96 c | 83.60 | 0.21% | | 纳斯达克指数 | 17710.74 c | 264.40 | 1.52% | | 标普500 | 5604.14 c | 35.08 | 0.63 ...

Core Viewpoint - The international gold price has been fluctuating around the $2900 per ounce mark, with potential to reach $3000 per ounce, driven by global economic and political uncertainties [1][2]. Group 1: Central Bank Gold Purchases - The People's Bank of China (PBOC) has increased its gold reserves for four consecutive months since November 2024, holding 2289.53 tons as of February 2025, with a modest increase of 4.98 tons in February [3][4]. - The PBOC's gold purchases are influenced by the need to optimize international reserve structure, as the gold reserve proportion in China's official reserves is only 5.5%, significantly lower than the global average of around 15% [4][6]. - Other central banks globally are also showing interest in gold purchases, although the pace has slowed, with a net purchase of 18 tons in January 2025, down from the previous year [6][7]. Group 2: Future Gold Price Predictions - Analysts predict that the international gold price may reach a new high of $3100 per ounce within the year, supported by ongoing global uncertainties and expected inflows into overseas gold ETFs [2][8]. - The current fluctuations in gold prices are attributed to U.S. economic policy uncertainties and potential recession risks, with short-term price movements expected between $2870 and $2950 per ounce [8][9]. - Long-term investment in gold is considered valuable due to its low correlation with other assets and the protective cushion provided by fluctuations in the RMB exchange rate [10].