转自：新华财经 新华财经纽约10月10日电（记者徐静）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 10日上涨1.58%，收于每盎司4035.50美元。 经过9日大幅下跌，黄金、白银价格当日出现反弹。近期黄金、白银市场单日价格波动幅度较大，表明 波动性仍将保持高位。 美国劳工统计局召回员工，以便在本月底前汇总9月份消费者物价指数报告。美国社保局使用第三季度 消费者物价指数数据来确定下一年度社保受益人的年度生活成本调整额。报告可能将在美联储10月28日 至29日举行的联邦公开市场委员会政策会议前公布。投资者预计美联储本次会议将再次降息，但鉴于通 胀率仍远高于目标水平，美联储一些官员对此表示犹豫。 密歇根大学10日公布，10月份消费者信心指数初值为55，略低于9月份的55.1。经济学家此前普遍预期 该数据为54.2。 数据发布后金价上涨。 世界黄金协会10日发布了黄金交易所交易基金（ETF）月度报告，显示第三季度黄金流入量创历史新 高，其中9月份流入量占同期黄金流入量的60%以上。报告显示，9月份145.6吨黄金流入全球黄金ETF， 价值超过173亿美元。今年第三季度，黄金ETF持仓增加了221 ...

Core Viewpoint - The gold futures market experienced a decline, with the most actively traded December 2025 gold price dropping by $39.6 to $3678.2 per ounce, reflecting a decrease of 1.07% [1] Group 1: Market Reactions - Short-term futures traders are taking profits, leading to a decrease in both gold and silver prices, indicating a potential continuation of market correction [1] - The Federal Reserve's decision to cut interest rates by 25 basis points was in line with market expectations, but the market is still processing the implications of this move [1] Group 2: Central Bank Policies - The Bank of England announced on September 18 that it would maintain its bank rate at 4.00%, reaffirming a gradual and cautious approach to easing, which did not provide new upward momentum for gold [1] Group 3: Market Sentiment - Despite the decline in gold prices following the Federal Reserve's rate cut, analysts believe there remains strong buying interest in gold [1] - The December silver futures price fell by 5.2 cents to $42.100 per ounce, marking a decrease of 0.12% [1]

Group 1 - The core viewpoint of the article highlights the rise in gold and silver prices due to expectations of a potential interest rate cut by the Federal Reserve, with gold reaching a record high and silver hitting a 14-year peak [1] - On September 16, 2025 December gold futures rose by $8.5 to close at $3727.5 per ounce, marking a 0.23% increase [1] - The market anticipates a 25 basis point rate cut from the Federal Reserve following the FOMC meeting, which could accelerate the easing cycle and increase bullish bets on gold [1] Group 2 - The technical outlook for December gold futures indicates strong bullish momentum, with the next target for upward movement set at breaking the solid resistance level of $3800 [2] - Conversely, the next target for bearish movement is a drop below the solid support level of $3600 [2] Group 3 - On the same day, December silver futures fell by 8.2 cents, closing at $42.880 per ounce, reflecting a 0.19% decrease [3]

Group 1 - The core viewpoint of the article highlights a significant increase in gold and silver futures prices on August 29, driven by technical buying and a sell-off in the U.S. stock market [1] - The December 2025 gold futures price rose by $41.8, closing at $3,516.1 per ounce, marking a 1.20% increase [1] - The December silver futures price increased by 104.7 cents, closing at $40.750 per ounce, with a rise of 2.64% [1] Group 2 - Economic data released on the same day indicated a decline in U.S. consumer confidence, with the University of Michigan's index falling to 58.2 in August, a decrease of approximately 6% from July [1] - The U.S. Department of Commerce reported that the Personal Consumption Expenditures (PCE) price index remained unchanged at 2.6% year-on-year for July, still above the Federal Reserve's long-term target of 2% [1] - The core inflation rate rose to 2.9%, the highest level since February [1]

Group 1 - The core viewpoint of the articles highlights the recent increase in gold and silver prices, driven by technical buying and expectations of a potential interest rate cut by the Federal Reserve [1][2] - On August 28, 2025, the most actively traded gold futures price rose by $25.1, closing at $3,476.9 per ounce, marking a 0.73% increase and reaching a high of $3,478.7, the highest since August 11 [1] - The U.S. second quarter GDP growth rate was revised to 3.3%, up by 0.3 percentage points from the initial estimate, while the first quarter saw a decline of 0.5% [1] Group 2 - The U.S. dollar index fell by 0.43% to close at 97.814, which positively impacted gold prices [1] - Analysts noted that the current gold price is supported by expectations of a rate cut in September, which would lower financing costs and boost demand for gold [1] - Concerns regarding the independence of the Federal Reserve and rising debt levels are expected to continue driving gold prices upward, as reflected in the current spread between 2-year and 10-year U.S. Treasury yields, which is around 60 basis points, close to the highest level since January 2022 [1]

Core Viewpoint - The gold futures market experienced a significant increase in prices following President Trump's unprecedented dismissal of Federal Reserve Governor Cook, raising concerns about political interference in monetary policy and boosting safe-haven demand [1] Market Reaction - On August 26, the most actively traded December 2025 gold futures price rose by $32.5, closing at $3443.2 per ounce, marking a 0.95% increase [1] - During the trading session, gold prices reached a peak of $3443.3 per ounce, the highest level since August 12 [1] - The market's reaction included a reversal from an initial decline during the Asian trading session, leading to a two-week high near the close [1] Economic Impact - Analysts believe Trump's direct intervention in the Federal Reserve's leadership and the government's direct investments in private enterprises could severely impact the economic system [1] - The reported potential lifting of restrictions on pension fund investments in gold ETFs in India is expected to stimulate gold investment demand [1] Additional Data - The U.S. durable goods orders for July recorded a month-on-month decline of 2.8%, which was slightly better than the expected decline of 4% [1] - Silver futures for December delivery increased by 16 cents, closing at $39.210 per ounce, reflecting a 0.41% rise [1]

Group 1 - The core viewpoint of the article indicates that gold prices are experiencing a downward trend, with the December 2025 gold futures price dropping by $6.5 to $3410.7 per ounce, reflecting a decline of 0.19% [1] - Following a significant increase last Friday, the gold market has returned to a summer-like trading pattern, as the market has largely absorbed comments made by Federal Reserve Chairman Jerome Powell at the annual economic symposium in Jackson Hole, Wyoming [1] - Powell hinted at a potential interest rate cut as early as the September policy meeting, while also acknowledging the challenges posed by inflation rates remaining above the 2% target and signs of weakness in the labor market [1] Group 2 - The U.S. dollar index rebounded, exerting additional pressure on gold prices, with the index rising by 0.73% to close at 98.430 [1] - Market analysts suggest that a sustained weakness in the dollar could continue to support gold prices, while concerns over potential government intervention and policy missteps may have a more significant impact on interest rates, the dollar, and gold [1] - Despite a reduction in global uncertainties and changes in trading flows, analysts believe that gold prices remain well-supported with limited downside risks [1] Group 3 - Technically, gold prices are currently struggling to break out of a consolidation phase, with the $3400 level acting as a significant resistance point [2] - Silver futures for September delivery also saw a decline, dropping by $0.34 to close at $39.050 per ounce, reflecting a decrease of 0.86% [2]

Group 1 - The core viewpoint of the articles indicates that gold prices have risen due to increased expectations of interest rate cuts by the Federal Reserve, with the December 2025 gold futures price increasing by $35.6 to $3417.2 per ounce, marking a 1.05% rise [1] - Federal Reserve Chairman Jerome Powell highlighted new challenges facing the U.S. economy, including high tariffs reshaping global trade and stricter immigration policies leading to a sharp slowdown in labor supply growth [1] - Powell stated that the current inflation risks are skewed to the upside while employment risks are skewed to the downside, indicating a challenging economic environment [1] Group 2 - The European Central Bank is expected to maintain interest rates in the Eurozone at 2% in September, as economic growth and inflation trends align with previous expectations [1] - The European Central Bank anticipates that price pressures will decline by 2026 and will reach the 2% target again in 2027 [1] - Silver futures for September delivery also saw an increase, rising by $0.801 to $38.880 per ounce, reflecting a 2.10% gain [2]

Group 1 - The most actively traded gold futures for December 2025 fell by 0.04% to $3,381.70 per ounce, with a cumulative decline of 3.14% for the week [1] - Economic data released on the same day showed mixed results, leading to minimal changes in gold prices [1] - The U.S. Department of Commerce reported a 0.5% month-over-month increase in retail sales for July, marking the second consecutive month of significant growth, with a year-over-year increase of 3.9%, surpassing the expected 3.5% [1] Group 2 - The New York Federal Reserve reported that the manufacturing index for New York State rose to 11.9 in August from 5.5 in July, significantly exceeding expectations of a decline to 0.0, indicating further expansion in manufacturing activity [1] - The University of Michigan's preliminary consumer confidence index for August was reported at 58.6, down from 61.7 in July and below expectations of 62 [1] Group 3 - Silver futures for September delivery fell by 0.13% to $38.02 per ounce, with a cumulative decline of 1.35% for the week [2]

Group 1 - The core viewpoint of the articles revolves around the fluctuations in gold prices due to uncertainties regarding U.S. gold tariff policies and market reactions to news about import duties on gold bars from Switzerland [1][2] - On August 8, 2025 December gold futures fell by $24.5 to close at $3458.2 per ounce, marking a decline of 0.7% [1] - The news of the U.S. imposing high tariffs on gold bars from Switzerland initially caused gold prices to spike to a historical high of $3534.10 during Asian trading hours [1] Group 2 - Following the initial spike, gold prices experienced a decline as reports emerged that the Trump administration would issue a new policy clarifying that imported gold bars should not be subject to tariffs [2] - The spot gold price dropped from around $3396 to below $3380 after the announcement, indicating a quick market reaction [2] - Silver futures for September delivery also saw a minor decline, falling by 2 cents to close at $38.510 per ounce, a decrease of 0.05% [3]