Group 1 - The Shanghai gold futures closed at 787.80 yuan per gram on August 8, with a daily increase of 0.56% and a trading volume of 251,828 contracts [1] - The spot price of gold in Shanghai was quoted at 782.30 yuan per gram, indicating a discount of 5.5 yuan per gram compared to the futures price [1] - The U.S. employment market showed signs of slowing down, leading to discussions about potential interest rate cuts by the Federal Reserve, with Trump advocating for a 3% cut [1] Group 2 - U.S. Treasury Secretary Mnuchin has begun the interview process for the new Federal Reserve chair, with Waller being considered a top candidate due to his willingness to support interest rate cuts [2] - Changes in Federal Reserve officials are expected to reinforce a future easing policy, which is bullish for gold [2] - The potential resolution of the Russia-Ukraine conflict may favor risk assets and negatively impact safe-haven assets like gold [2]