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金价1016元!2025年8月29日各大金店黄金价格多少钱一克?
Sou Hu Cai Jing· 2025-08-29 07:56
Group 1 - Domestic gold prices remain stable, with some fluctuations observed in various gold stores. Lao Feng Xiang's gold price increased by 3 yuan per gram, reaching 1016 yuan per gram, marking the highest price among stores. Shanghai China Gold's price remains unchanged at 969 yuan per gram, the lowest among the stores, resulting in a price difference of 47 yuan per gram between the highest and lowest priced stores [1] - The latest gold prices from major brands on August 29, 2025, show Lao Miao at 1013 yuan per gram (up 1), Liufu at 1009 yuan per gram (no change), and Zhou Dafu at 1009 yuan per gram (no change). The highest price is from Lao Feng Xiang at 1016 yuan per gram, while the lowest is from Cai Bai at 986 yuan per gram [1] - Platinum prices have also seen a slight increase, with Zhou Sheng Sheng's platinum jewelry price rising by 3 yuan per gram to 548 yuan per gram [1] Group 2 - The gold recycling price has increased by 2.1 yuan per gram, with significant price differences among brands. The recycling price for gold is reported at 771.90 yuan per gram, with Lao Feng Xiang at 784.70 yuan per gram being the highest [2] - Internationally, spot gold opened with a downward trend but rebounded to close at 3417.07 USD per ounce, reflecting a 0.60% increase. As of the latest report, spot gold is at 3411.45 USD per ounce, showing a slight decrease of 0.16% [4] - Market analysts note that the recent upward trend in spot gold prices is partly driven by growing concerns over the independence of the Federal Reserve, with expectations of potential interest rate cuts boosting gold prices [4]
二季度低迷之后,“最火美债交易”回来了
Hua Er Jie Jian Wen· 2025-08-04 00:57
Core Viewpoint - A surprisingly weak employment report has reversed the pessimistic sentiment in the U.S. Treasury market, reviving the "steepening yield curve" strategy that had previously been under pressure [1]. Group 1: Employment Report Impact - The July non-farm payroll report showed a slowdown in job growth and a significant downward revision of 258,000 jobs for May and June, altering the market narrative [1]. - Following the report, all U.S. Treasury yields fell, with the two-year Treasury leading the decline, dropping over 25 basis points in a single day, marking the largest daily drop since December 2023 [1]. Group 2: Market Reactions - Traders are betting on an earlier interest rate cut by the Federal Reserve, with futures market pricing indicating an 84% chance of a rate cut next month and at least two cuts expected by the end of the year [4]. - The steepening yield curve strategy, which had been unprofitable since April, saw a resurgence as short-term yields plummeted, leading to the largest single-day increase in the yield difference between two-year and thirty-year Treasuries since April 10 [5]. Group 3: Future Expectations - The weak employment data provides strong evidence for those advocating for early rate cuts, including dissenting Federal Reserve officials and President Trump [7]. - Analysts suggest that the upcoming $125 billion Treasury issuance could support the steepening trend, with the government set to issue securities including $10 billion and $30 billion in 10-year and 30-year bonds [7].
高盛:宏观研究最关注-美联储提前降息、美英财政政策、第二季度财报季
Goldman Sachs· 2025-07-03 02:41
Investment Rating - The report indicates a shift in the forecast for the next Fed rate cut to September from December, suggesting a more dovish stance from the Federal Reserve [1][2]. Core Insights - The report highlights that disinflationary pressures are emerging, with expectations that tariffs will have only a one-time effect on price levels. The labor market remains healthy, but job finding has become more challenging [1]. - The report anticipates two additional 25 basis point cuts in interest rates later in the year, with a terminal rate forecast of 3-3.25% [1]. - The market is beginning to price in faster Fed easing, which could lead to a weaker Dollar and higher gold prices, benefiting equities depending on the growth backdrop [2]. Summary by Sections Earlier Fed Cuts - The forecast for the next Fed rate cut has been moved to September, with expectations of two more cuts in October and December [1]. - The terminal rate is now expected to be between 3-3.25%, down from a previous range of 3.5-3.75% [1]. US and UK Fiscal Policy - The report discusses the potential impact of the Trump Administration's fiscal policy, particularly the "One Big Beautiful Bill Act," which may enhance foreign investment appetite in the US [8]. - UK fiscal policy is also under scrutiny due to recent selloffs in Gilts, indicating a need for close monitoring [8]. Q2 Earnings Season - The upcoming Q2 earnings season is expected to show S&P 500 firms beating consensus estimates, with insights into how companies are adapting to higher tariffs [8]. - It is assumed that US consumers will absorb 70% of the direct costs of tariffs, but lower pass-through rates could pose risks to corporate margins [8]. Commodities Outlook - Oil markets are pricing a low probability of major supply disruptions, with expectations of falling oil prices due to strong supply growth [8]. - Conversely, gold prices are expected to rise due to increased central bank demand, and US copper prices may also see significant upside due to potential tariffs [8]. SLR Reform - The Fed's supplementary leverage ratio reform is anticipated to benefit banks by providing more flexibility for short-term secured financing and potentially increasing Treasury purchases during stress periods [9].
深夜突发!数据爆冷 美联储或提前降息?
Zheng Quan Shi Bao· 2025-07-02 15:43
Core Viewpoint - The recent ADP employment data indicates a concerning trend in the U.S. job market, leading to speculation that the Federal Reserve may consider an interest rate cut sooner than expected [1][3][7]. Employment Data Summary - The ADP employment report for June shows a decrease of 33,000 jobs in the private sector, marking the largest decline since March 2023, while the forecast was an increase of 98,000 jobs [3][4]. - Job growth in goods-producing sectors increased by 32,000, but service-providing sectors saw a decline of 66,000 jobs, with notable losses in professional services, education and health services, and financial services [3][4]. - Predictions for the upcoming non-farm payroll report suggest a significant shortfall, with UBS forecasting an increase of only 100,000 jobs and a rise in the unemployment rate to 4.3%, the highest since 2021 [4][6]. Market Reaction - Following the ADP report, U.S. stock indices showed mixed results, with the Dow Jones slightly down, while the Nasdaq and S&P 500 posted gains [1][2]. - The dollar index rebounded, rising by 0.44% after a period of decline, indicating a potential shift in market sentiment [6]. Federal Reserve Outlook - The likelihood of a Federal Reserve interest rate cut in July has increased, with market expectations rising from 20% to approximately 27.4% following the employment data release [7]. - U.S. Treasury Secretary emphasized the need for the Fed to act on interest rates, suggesting that the current rates are too high and that the Fed's policies may be lagging behind market signals [7].
黄金时间·每日论金:金价震荡收复3300美元关口 关注低位做多机会
Xin Hua Cai Jing· 2025-07-01 07:18
Group 1 - The international gold price experienced wide fluctuations but closed higher, recovering the $3300 mark, indicating a potential stabilization trend [1] - Geopolitical tensions have eased, which is a primary factor suppressing current gold prices, while concerns over U.S. debt defaults due to a significant increase in the debt ceiling are limiting downward movement [1] - Gold has benefited from the situation, with a notable increase of over 25% in the first half of 2025, marking the best half-year performance since 2007 [1] Group 2 - The market's short-term focus is shifting towards upcoming non-farm payroll data, which will provide guidance on whether the Federal Reserve will initiate rate cuts [2] - Technically, gold prices are in a bearish arrangement after a death cross between the 5-day and 10-day moving averages, with resistance levels at $3310 and $3345 [2] - Despite the potential for further declines, the recent price action suggests a gradual stabilization, with support levels identified at $3280 and $3260 [2]
鲍威尔:可能会看到通胀不如预料的那样强劲。通胀下行和劳动力市场疲软可能意味着美联储提前降息。
news flash· 2025-06-24 14:25
Core Insights - The article suggests that inflation may not be as strong as previously anticipated, indicating a potential shift in monetary policy by the Federal Reserve [1] Group 1 - The decline in inflation and weakness in the labor market could lead to the Federal Reserve considering an early interest rate cut [1]
机构:美联储无需提前降息,船到桥头自然直
news flash· 2025-05-07 20:03
Core Viewpoint - The Federal Reserve does not need to lower interest rates prematurely, as the appropriate actions will become clear when the time comes [1] Group 1 - Bill Zox, a portfolio manager at Brandywine Global, emphasizes the importance of the relationship between the Trump administration and financial markets [1] - If the Federal Reserve lowers interest rates too early, it could lead to an increase in the 10-year Treasury yield, which would be counterproductive [1]