上海黄金交易所黄金T+D 5月15日（周四）晚盘收盘上涨1.66%报751.0元/克； 上海黄金交易所白银T+D 5月15日（周四）晚盘收盘上涨0.95%报8096.0元/千克。 ...

上海黄金交易所黄金T+D 5月15日（周四）晚盘盘初上涨0.57%报742.98元/克； 上海黄金交易所白银T+D 5月15日（周四）晚盘盘初上涨0.1%报8028.0元/千克。 ...

Core Viewpoint - The recent decline in gold prices reflects a shift in market sentiment and investor risk appetite, driven by rising optimism in global trade and uncertainty regarding the Federal Reserve's policy direction [1][5]. Market Performance - Spot gold prices fell over 2% on Wednesday, reaching a low of $3181.62 per ounce, the lowest level since April 11, with intraday lows hitting $3174.62 [3]. - Other precious metals also experienced declines: silver dropped 1.9% to $32.25 per ounce, platinum fell 0.6% to $982.05 per ounce, and palladium decreased 0.3% to $954.36 per ounce, indicating overall pressure in the precious metals market [3]. Trade Sentiment - The increase in trade optimism has significantly boosted market risk appetite, leading investors to shift funds from traditional safe-haven assets like gold to riskier assets such as stocks and commodities [3][4]. Federal Reserve Policy Expectations - Market participants are awaiting the release of the Producer Price Index (PPI) data for clues on the Federal Reserve's policy adjustments, with expectations that a higher-than-expected PPI could reinforce the likelihood of interest rate hikes, further pressuring gold prices [4]. Technical Analysis - The recent drop in gold prices may be seen as a correction following a period of significant increases driven by global economic uncertainty and geopolitical tensions [4]. - The relative strength of the U.S. dollar has negatively impacted gold prices, as gold is priced in dollars, making it less attractive to investors holding other currencies [4]. Long-term Outlook - Despite the recent price drop, analysts believe that gold's long-term value as a safe-haven asset remains intact due to ongoing global economic recovery uncertainties and geopolitical risks [4][5]. - The continued implementation of loose monetary policies by global central banks may enhance gold's appeal as a hedge against inflation and currency depreciation [4].

上海黄金交易所黄金T+D 5月15日（周四）收盘下跌3.23%报735.47元/克； 上海黄金交易所白银T+D 5月15日（周四）收盘下跌2.32%报7968.0元/千克。 ...

上海黄金交易所黄金T+D 5月15日（周四）早盘盘初下跌1.64%报747.51元/克； 上海黄金交易所白银T+D 5月15日（周四）早盘盘初下跌1.15%报8063.0元/千克。 ...

上海黄金交易所黄金T+D 5月14日（周三）晚盘收盘下跌1.91%报745.5元/克； 上海黄金交易所白银T+D 5月14日（周三）晚盘收盘下跌1.23%报8057.0元/千克。 ...

上海黄金交易所黄金T+D 5月14日（周三）晚盘盘初下跌0.64%报755.14元/克； 上海黄金交易所白银T+D 5月14日（周三）晚盘盘初上涨0.32%报8183.0元/千克。 ...

Price Performance - London Gold price is 3235.40 with no change [4] - London Silver price is 32.02 with no change [4] - London Platinum price is 983.00, down 4.00 [4] - London Palladium price is 962.00, down 17.00 [4] - WTI Crude Oil price is 61.95 with no change [4] - LME Copper price is 9565.00, up 27.00 [4] - US Dollar Index is 101.81 with no change [4] - Euro to US Dollar is 1.11 with no change [4] - British Pound to US Dollar is 1.32 with no change [4] - US Dollar to Japanese Yen is 148.47 with no change [4] - US 10 - year TIPS is 2.16 with no change [4] Trading Data - COMEX Silver inventory is 15698.53 with no change [4] - SHFE Silver inventory is 932.18, up 7.23 [4] - Gold ETF持仓 is 936.51, down 2.58 [4] - Silver ETF持仓 is 13999.75, down 29.70 [4] - SGE Silver inventory is 1626.48 with no change [4] - SGE Gold deferred fee payment direction is 2 with no change [4] - SGE Silver deferred fee payment direction is 1, down 1.00 [4]

上海黄金交易所黄金T+D 5月14日（周三）收盘下跌0.07%报758.6元/克； 上海黄金交易所白银T+D 5月14日（周三）收盘上涨0.27%报8173.0元/千克。 ...

上海黄金交易所黄金T+D 5月14日（周三）早盘盘初上涨0.13%报760.09元/克； 上海黄金交易所白银T+D 5月14日（周三）早盘盘初上涨0.29%报8175.0元/千克。 ...