Core Insights - The most actively traded December 2025 gold futures price increased by $26.6, closing at $4159.6 per ounce, with a rise of 0.64% [1] - December gold futures reached a historical high of $4190.90 per ounce overnight, while December silver futures hit a record high of $52.495 per ounce, although both closed significantly lower than their overnight peaks [1] - Federal Reserve Chairman Jerome Powell indicated that the Fed will adjust interest rate policies based on economic outlook and risk balance, rather than following a predetermined path [1] - The market anticipates a 25 basis point rate cut from the Fed later this month, with another expected in December, following a previous cut of the same magnitude in September [1] - Despite recent consolidation risks for gold and silver, Bank of America maintains that both metals will continue their upward trend, forecasting prices of $5000 per ounce for gold and $65 for silver next year [1] - On a technical level, December gold futures bulls hold a strong overall technical advantage, with the next upward target being a breakout above the solid resistance level of $4300, while bears aim to break below the solid technical support level of $3900 [1] Silver Futures - The December silver futures price decreased by 8.4 cents, closing at $50.345 per ounce, reflecting a decline of 0.17% [2]

纽约商品交易所黄金期货市场交投最活跃的2025年12月黄金期价8日上涨1.40%，收于每盎司4060.60美 元。 当天12月交割的白银期货价格上涨1.95%，收于每盎司48.44美元。 美国政府关门及其他不确定地缘政治因素引发的避险需求继续提振贵金属价格，黄金、白银价格当天继 续大幅上涨，12月黄金期价创下4072.40美元历史新高。白银价格触及14年来49.04美元最高点，接近略 高于50美元的历史高点。 英国央行8日称，人工智能公司估值过高，以及美联储独立性面临挑战，加剧了股票"市场大幅回调"的 风险。 分析人士认为，金价最终突破每盎司4000美元可能会引发市场波动，但无法阻止本轮牛市势头。相反， 金价回调是买入良机，预计金价上涨趋势将持续到明年上半年，届时平均金价将创下每盎司4400美元新 高。 技术层面，12月黄金期货多头拥有强劲技术优势。多头的下一个上行价格目标是突破4100美元坚固阻力 价位。空头的下一个下行价格目标是跌破3850美元坚固技术支撑价位。 法国政治危机令欧盟和欧洲市场紧张不安，导致美元指数过去三周大幅上涨，当日触及9周高点。欧元 则跌至两个月低点。此外，新西兰央行降息幅度超出预期并 ...