Group 1 - The interest rate decision was unanimously passed, and no further guidance on rates can be provided at this time [1] - Current inflation stands at 2%, which is considered ideal, with inflation expectations remaining very stable [3] - Economic growth is generally in line with expectations, and may even be slightly better than anticipated [5] Group 2 - Close attention is being paid to the progress of trade negotiations, with an inability to assess the impact of trade disruptions on inflation [2] - A stronger euro may suppress inflation more than expected, without targeting any specific exchange rate level [4]

Core Insights - The current gold prices show slight fluctuations, with London spot gold at $3,372.76 per ounce and New York futures at $3,384.93, reflecting a 0.29% increase [1][8] - Retail gold prices in China vary among brands, with notable increases in some brands, indicating a stable yet competitive market [2][4] - The gold recovery prices remain stable, with ranges between 764 to 768 yuan per gram, suggesting a consistent demand for gold recycling [6][7] - Global central banks, including China, are increasing their gold reserves, which supports the long-term outlook for gold prices [9] Gold Prices - London spot gold is priced at $3,372.76 per ounce, with a daily fluctuation between $3,370.97 and $3,382.04 [1] - New York gold futures are at $3,384.93 per ounce, showing a 0.29% increase [1] - In China, retail prices for gold range from 788 yuan per gram for Shui Bei to 1,020 yuan per gram for brands like Chow Tai Fook and Liufuk Jewelry [2][4] Recovery Prices - The recovery price for gold is stable, ranging from 764 to 768 yuan per gram, with 22K gold at 680 yuan and 18K gold at 553 yuan [6][7] - Bank investment gold bars are priced between 794 to 800 yuan per gram, which is 15% to 20% lower than most brand jewelry [6] Market Trends - The market anticipates the U.S. non-farm payroll data release, which could influence Federal Reserve interest rate decisions and subsequently gold prices [6][9] - Tensions in the Middle East and ongoing trade negotiations in Europe are contributing to increased demand for gold as a safe-haven asset [8][9] - China's gold reserves have reached 72.96 million ounces, enhancing gold's strategic value amid a shift away from reliance on the U.S. dollar [9]