Group 1 - The Shanghai gold futures closed at 787.80 yuan per gram on August 8, with a daily increase of 0.56% and a trading volume of 251,828 contracts [1] - The spot price of gold in Shanghai was quoted at 782.30 yuan per gram, indicating a discount of 5.5 yuan per gram compared to the futures price [1] - The U.S. employment market showed signs of slowing down, leading to discussions about potential interest rate cuts by the Federal Reserve, with Trump advocating for a 3% cut [1] Group 2 - U.S. Treasury Secretary Mnuchin has begun the interview process for the new Federal Reserve chair, with Waller being considered a top candidate due to his willingness to support interest rate cuts [2] - Changes in Federal Reserve officials are expected to reinforce a future easing policy, which is bullish for gold [2] - The potential resolution of the Russia-Ukraine conflict may favor risk assets and negatively impact safe-haven assets like gold [2]

Group 1 - The latest Shanghai gold futures closing price is 773.30 CNY per gram, with a daily increase of 0.49% and a trading volume of 205,604 contracts [1] - The spot price of gold in Shanghai is quoted at 768.55 CNY per gram, indicating a discount of 4.75 CNY per gram compared to the futures price [1] - The U.S. President Trump announced new tariffs on imports from several countries, with Brazil facing a 50% tariff and others facing rates ranging from 20% to 30%, effective from August 1 [1] Group 2 - The latest minutes from the Federal Reserve's June meeting reveal increasing divergence among officials regarding interest rate outlooks, primarily due to differing expectations on how tariffs may impact inflation [2] - Participants generally believe that the current monetary policy may be moderately restrictive, allowing the committee to wait for clearer inflation and economic activity prospects [2] Group 3 - The market is closely monitoring U.S. initial jobless claims and speeches from Federal Reserve and European Central Bank officials [3] - Despite Trump's announcement of tariffs, the market does not expect a significant rise in tariffs, leading to limited reaction in gold prices [3] - The gold price is experiencing fluctuations, with the Shanghai gold premium narrowing to 2.2 CNY per gram, indicating a range-bound trading strategy for gold [3]

Group 1 - The Shanghai gold spot price on May 6 was quoted at 795.4 CNY per gram, showing a premium of 0.6 CNY over the futures main price of 794.80 CNY per gram [1] - The closing price for the Shanghai gold futures on May 6 was 794.80 CNY per gram, with a daily increase of 1.39% and a trading volume of 197,944 contracts [1] - MFS Investment Management's chief economist indicated that the U.S. Treasury market is returning to normal after a brief period of turmoil, with the Federal Reserve's upcoming meeting being closely watched for potential dovish signals [1] Group 2 - During the May Day holiday, precious metals experienced wide fluctuations, with mixed economic data from the U.S. providing the Federal Reserve with room to maintain patience [2] - The outlook for the U.S. economy remains uncertain due to trade tensions, and the Federal Reserve is likely to keep interest rates unchanged in May [2] - The global economic and political uncertainties, along with a potential credit crisis for the U.S. dollar, are expected to support a long-term upward trend in gold prices [2]