2025 年 7 月以来，黄金市场在多重矛盾交织中呈现 "高波动、高分化" 特征。据搜狐网数据显示，7 月 11 日国际现货黄金突破 3330 美元 / 盎司关 键阻力位后陷入震荡，最终收于 3313.05 美元 / 盎司，国内上海黄金交易所金价同步触及 766.1 元 / 克高位。这种 "冲高回落" 的走势，折射出地缘 政治不确定性与经济数据分化的双重影响 —— 中东局势持续紧张叠加全球制造业 PMI 弱于预期，推动避险资金持续流入黄金；而美国初请失业 金人数降至近两个月低点，又引发市场对美联储降息预期的博弈。 一、趋势演进：三大核心变量重塑市场格局 货币政策转向预期分化 美联储 6 月议息会议释放 "年内降息两次" 信号，但 7 月非农数据超预期后，市场对降息时点的分歧加剧。央视新闻报道显示，尽管美联储预计 2025 年底前降息两次，但主席鲍威尔强调 "预测将取决于数据"，这种政策模糊性导致黄金短期陷入多空拉锯。值得注意的是，美国债务规模突破 36 万亿美元，利息支出占财政预算比重达 20%，美元信用弱化趋势下，黄金作为替代储备资产的战略价值持续凸显。 地缘风险溢价的结构性变迁 中东冲突升级对金价的影响呈 ...

Core Insights - The recent gold market is characterized by a complex interplay of "policy suppression" and "geopolitical support," with domestic gold prices at 778.42 RMB per gram and international gold prices exceeding 3382 USD per ounce, reflecting significant volatility driven by global trade uncertainties and central bank gold accumulation trends [1][3] Group 1: Market Challenges - Liquidity risks are increasing, with COMEX gold futures experiencing weekly fluctuations exceeding 76 USD per ounce, leading to execution delays on some platforms that can exacerbate losses by 20% [3] - Information asymmetry poses a challenge, as ordinary investors struggle to access timely and authoritative analysis, illustrated by a 12% surge in gold ETF holdings due to escalating Middle East tensions, followed by a price correction [3] - Transaction costs are a concern, with London gold spreads typically above 0.5 USD per ounce, resulting in annual costs exceeding 6000 USD for average traders, significantly eroding profit margins [3] Group 2: Dynamic Balance Strategies - A composite strategy of "long-term allocation + short-term trading" is recommended, with a focus on central bank gold purchases as a long-term anchor, suggesting a core asset allocation of 30%-50% [4] - Tactical positioning around Federal Reserve policy changes can create opportunities, particularly when COMEX net long positions are at a near four-quarter low, indicating potential for reverse positioning [5] - Risk management tools, such as a dynamic fund allocation model, can help control individual trade risks to within 2% of account funds, enhancing overall trading safety [6] Group 3: Technological Empowerment - The company offers comprehensive compliance guarantees, with unique transaction codes for trades over 0.1 lots, ensuring transparency and security for client funds stored in licensed banks [8] - Technological innovations include dual-platform access (MT4 and MT5) for rapid order execution and algorithmic trading, enhancing user experience and efficiency [9] - Cost optimization strategies, such as zero commission and low spreads, provide a competitive edge, allowing for greater profit potential during market fluctuations [10] Group 4: Practical Applications - New investors can utilize free demo accounts to familiarize themselves with trading strategies and risk management, starting with small positions [11] - Experienced traders can develop complex strategies by integrating fundamental and technical analyses, leveraging cross-market data for risk-free arbitrage [11] - All-weather investors can benefit from real-time alerts on key price levels and economic data, enabling quick decision-making to protect profits [11] Conclusion - In the context of the "gold super cycle" in 2025, selecting a compliant, efficient, and technologically advanced trading platform is crucial for navigating market volatility, with the company positioned as a reliable anchor for investors amid uncertainty [12]

上海黄金交易所黄金T+D 7月14日（周一）收盘上涨0.94%报777.21元/克； 上海黄金交易所白银T+D 7月14日（周一）收盘上涨2.02%报9179.0元/千克。 黄金延期 白银延期 ...

美联储公布的6月会议纪要显示，19位政策制定者中仅有少数支持本月降息，多数官员对特朗普贸易关 税可能带来的通胀压力表示担忧。尽管特朗普多次要求立即降息并呼吁美联储主席鲍威尔辞职，但会议 纪要表明决策者在降息问题上分歧明显。目前市场有关于鲍威尔可能被迫辞职的传言愈演愈烈。 【技术分析】 现货黄金(伦敦金)：从形态结构看,黄金近期低点不断抬高，沿着上涨趋势线不断震荡向上，走出标准上 涨趋势浪节奏。周五晚间多头再次强势发力突破关键压力位3345.0，进一步打开多头上涨空间，后市继 续看多头延续行情。综合MACD指标看，快慢线0轴上方运行，表明多头力量主导行情走势。 摘要7月14日亚市尾盘，贵金属市场呈现显著分化格局。现货黄金小幅攀升至3373.69美元/盎司上方维 持震荡，而现货白银则强势突破39美元/盎司关键位，刷新2011年9月以来逾12年高位，年内累计涨幅已 扩大至35%。市场聚焦即将公布的对俄政策声明，据白宫日程安排，特朗普将于今日就俄罗斯问题发 布"重要声明"，预计涉及新制裁措施。值得注意的是，尽管避险需求持续支撑贵金属估值，但技术面出 现微妙变化——黄金在3370美元附近承压明显，显示短期追高风险偏好下 ...

行情回顾： 国际黄金周五（7月11日）大幅收涨，开盘价3319.63美元/盎司，最高价3368.71美元/盎司，最低价3312.12美元/ 盎司，收盘价3358.84美元/盎司。 消息面： 白宫经济顾问哈塞特周日表示，如果有证据支持，美国总统特朗普有权解雇美联储主席鲍威尔，并补充称，美 联储在华盛顿总部装修成本超标的问题上"负有很多责任"。哈塞特表示，特朗普试图解雇鲍威尔的任何决定， 都将在很大程度上取决于美联储对总部翻修问题的回答。白宫预算办公室主任沃特上周抨击鲍威尔在美联储大 楼翻修一事上"撒谎"。特朗普一再表示，鲍威尔应该辞职，因为他没有降低利率。 白宫经济顾问哈塞特周日表示，美国总统特朗普已经收到了一些贸易协议提议，并认为它们需要进一步完善， 如果未得到完善，特朗普将继续对墨西哥，欧盟和其他国家征收威胁关税。哈塞特说："如果总统没有达成他 认为足够好的协议，这些关税就会落实。但对话正在进行中，结局如何我们到时便知。"哈塞特表示，特朗普 威胁对来自巴西的商品征收50%的关税反映了特朗普对巴西的行动以及贸易谈判感到失望。 有分析师表示，在经历了几个月的低通胀之后，美国消费者6月份经历的物价涨幅可能略有加快 ...

上海黄金交易所黄金T+D 7月14日（周一）早盘盘初上涨0.85%报776.5元/克； 上海黄金交易所白银T+D 7月14日（周一）早盘盘初上涨2.32%报9206.0元/千克。 黄金延期 白银延期 ...

Group 1 - The Shanghai Gold Exchange's gold T+D closed at 773.86 yuan per gram, reflecting an increase of 0.5% on July 11 [1] - The Shanghai Gold Exchange's silver T+D closed at 9200.0 yuan per kilogram, showing a rise of 2.26% on July 11 [1]

Group 1 - The Shanghai Gold Exchange's gold T+D rose by 0.06% to 770.45 yuan per gram on July 11 [1] - The Shanghai Gold Exchange's silver T+D increased by 0.98% to 9085.0 yuan per kilogram on July 11 [1]

Group 1 - The U.S. has announced a 25% tariff on certain imports from Japan and South Korea starting August 1, raising concerns about inflation, economic outlook, and global supply chain stability [1] - The adjustment in U.S. tariff policy is expected to create significant volatility in international gold prices, presenting potential investment opportunities [1] - The current economic uncertainty is driving increased interest in gold as a safe-haven asset, making it a focal point for investors [1] Group 2 - The importance of choosing a reputable trading platform is emphasized, particularly in the context of rapid gold price changes and the need for timely trading execution [3] - The company offers a robust MT4 trading system with real-time K-line charts and diverse technical indicators to enhance trading efficiency for users [3] - A comprehensive 24/7 customer service system is in place to address trading inquiries, market consultations, and operational guidance, ensuring smooth transactions for investors [3] Group 3 - The U.S. tariff policy may lead to a new round of global asset value reassessment, with the gold market poised for a potential growth cycle [3] - The current period is identified as an optimal time for investors to position themselves in the gold market ahead of anticipated changes [3] - The company is gaining trust among investors due to its professional support, advanced trading technology, and attentive customer service [3]

Group 1 - The Shanghai Gold Exchange's gold T+D closed at 769.2 yuan per gram on July 11, with an increase of 0.09% [1] - The Shanghai Gold Exchange's silver T+D closed at 9028.0 yuan per kilogram on July 11, with an increase of 1.99% [1]