Group 1 - The core viewpoint indicates that the market consensus expects a mild rise in inflation, which is unlikely to alter the Federal Reserve's anticipated easing cycle starting in September [2] - The July core CPI is projected to show a year-on-year increase of 3.0%, up from 2.9% in June, highlighting a potential upward trend in inflation [2] - The quality of data collection and potential biases are critical concerns that could affect market reactions to the Federal Reserve's decisions [2] Group 2 - Current gold futures are trading around 777.34 yuan per gram, with a decline of 0.95%, indicating a short-term oscillating trend [1] - Key resistance levels for gold futures are identified between 788 yuan per gram and 847 yuan per gram, while important support levels are between 770 yuan per gram and 820 yuan per gram [3]