热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 1月7日隔夜市场，伦敦现货黄金震荡走高，COMEX 2月黄金期货收涨1%，盘中重新突破4500美元/盎司 大关，SHFE黄金收涨0.81%。贵金属、有色金属共振走高，地缘事件和美降息路径仍是主导黄金走势 的重要因素，关注本周五（1月9日）公布的美非农就业数据。 美联储内部就降息路径继续产生较大分歧，里士满联储主席巴尔金称利率已至中性水平，而理事米兰表 示数据支持进一步降息，今年幅度或超100个基点。地缘政治方面，继美委冲突后美政府正在讨论获取 格陵兰岛的方案，包括军事选项。美联储1月是否降息仍在摇摆，地缘政治则无疑成为开年首月主要聚 焦因素，预计将推动黄金维持震动偏强走势。 撰稿：李琪 交易咨询资格：Z0016145 免责声明：本报告的信息均来源于公开资料，我公司对这些信息的准确性、可靠性和完整性不作任何保 证，也不保证所包含的信息和建议不会发生任何变更。我们已力求报告内容的客观、公正，但文中的观 点、结论和建议仅供参考，并不构成任何具体产品、业务的推介以及相关品种的操作依据和建议，投资 者据此作出的任何投资决策自负盈亏，与本公司和作者无关。 ...

Core Viewpoint - The overnight market for gold showed a strong fluctuation, with COMEX February gold futures rising by 0.44% and SHFE gold increasing by 0.20%, influenced by positive U.S. employment data and upcoming Federal Reserve meetings [2][4]. Economic Data - U.S. JOLTS job openings increased slightly from 7.66 million to 7.67 million in October, which is better than expected [2][4]. - The latest ADP data indicates that the private sector added an average of 4,750 jobs per week over the four weeks ending November 22, ending a previous four-week trend of job losses, signaling a positive outlook for the labor market [2][4]. Federal Reserve Insights - The potential future chair of the Federal Reserve, White House National Economic Council Director Hassett, stated that there is "ample room" for further rate cuts, although rising inflation could alter this perspective [2][4]. - There is a consensus on a rate cut in December, with market focus shifting to the future path of rate cuts and whether the Federal Reserve will implement additional short-term liquidity tools [2][4]. Geopolitical Context - The President of Ukraine mentioned ongoing negotiations with the U.S. and Europe regarding three key documents, which may impact market sentiment [2][4]. Market Behavior - There was a notable market fluctuation before the Federal Reserve meeting, particularly in the silver market, which showed strong upward movement, indicating potential short-covering dynamics [2][4]. - The market remains cautious ahead of the Federal Reserve meeting, anticipating significant short-term volatility [2][4].

Core Viewpoint - The market is experiencing cautious sentiment ahead of the Federal Reserve's December interest rate meeting, with gold prices showing weakness and fluctuations expected in the short term [2][5]. Market Overview - Overnight London spot gold showed a slight decline, with COMEX February gold futures down approximately 0.6% and SHFE gold down 0.72% [2][5]. - The U.S. stock market retreated, the dollar returned to 99 points, and the yield on the 10-year U.S. Treasury reached a two-month high [2][5]. Federal Reserve Insights - Kevin Hassett, a potential future chair of the Federal Reserve, stated that it would be "irresponsible" for the Fed to announce a specific path for interest rate policy over the next six months, emphasizing decisions should be based on economic data [2][5]. - Jerome Powell has successfully fostered a consensus for a rate cut this week, with a December rate cut already forming a consensus in the market [2][5]. Economic Context - President Trump mentioned that the inflation issue in the U.S. has been largely resolved but denied the possibility of deflation [2][5]. - The focus remains on the future path of rate cuts and how the Federal Reserve will supplement liquidity in the financial markets [2][5].