The international gold price reached a new high.Data show that around 11:25 on September 13, the price of gold futures on the New York Commodity Exchange closed at $ 2594.5 per ounce, an increase of 0.54%, a historical high.This has risen about 26%compared to the $ 2053/ounce at the beginning of this year.As of the afternoon closing of September 13, the domestic gold selection index rose 3.37%.Among them, the stock price of Chifeng Gold (600988.SH) rose 4.56%to 17.43 yuan/share, Zijin Mining (601899.SH) rose 4.51%to 14.84 yuan/share, Shanjin International (000975.SZ) rose 3.81%to 16.60 yuan/share.Driven by the rise in gold prices, silver prices have also risen.At about 11:25 on September 13, the silver price of the New York Commodity Exchange exceeded $ 30/ounce, reaching $ 30.305/ounce, an increase of 0.66%.
As of the afternoon of September 13, the domestic silver (Yangtze River) index rose 1.19%.Among them, Hunan Baiyin (002716.SZ) rose 1.82%to 2.79 yuan/share, and Industrial Yinyin (000426.SZ) rose 1.70%to 10.15 yuan/share.) Averaged 1.19%, to 10.18 yuan/share and 2.56 yuan/share, respectively.Indore Stock
The rise in futures prices such as gold and silver, mainly the Federal Reserve ’s interest rate cutting expectations, and the cost of reducing the chance of holding gold at the European Central Bank.In addition, the geographical situation has continued to provide risk aversion to the price of gold.On September 12, the latest economic and unemployment data in the United States raised the expectations of investors’ expectations for the Federal Reserve ’s interest rate cuts again. Market risk appetite was boostedAhmedabad Wealth Management. Data announced by the US Department of Labor showed that the US August producer price index (PPI) was year -on -year.The increase was 1.7%, the lowest level since February this year, but the data increased by 0.2%month -on -month, slightly higher than expected.The number of people applied for unemployment relief for the first time in the United States on the same day was 230,000, which was the first time in three weeks.In addition, the number of unemployed golds continued from the United States from August 31st week, an increase of 55,000.After the above data is announced, investors generally estimate that the Fed will announce a slightly increasing interest rate cut for 25 basis points at a discussion meeting next week.Some experts predict that the US interest rate cut is greater.Xinhua Finance quoted the analysis of Blaine Martin, the head of Economics, Australia and New Australia, stating that it is expected that the Fed will reduce interest rates 200 basis points in the upcoming easing cycle.In addition, on the evening of September 12, the European Central Bank reduced the interest rate of the deposit mechanism by 25 basis points, which reduced the main reinsurance and marginal loan interest rates of 60 basis points.
Everbright Futures analysis believes that the European Central Bank once again ignited the bulls of funds. The market is expected to increase the probability of more than 50 basis points by the Fed by November, and short -term gold runs strongly.Dongfang Jincheng Research Report pointed out that in the context of the international oil price decline last month, the risk of inflation data from August is not much higherNagpur Investment. In addition, the recently announced employment data refers to the cooling channel to the US labor market.It has a certain catalytic effect on the price of gold, but there is still uncertainty at the rate of interest cutting, which may lead to amplification of gold price fluctuations.In addition, the uncertainty of the US election is still there, coupled with the continuation of geopolitical tensions, and the demand for risk aversion still supports gold prices.On the whole, the price of gold in the short term will continue the high vibration.Since 2024, geopolitical conflicts have continued, global economic recovery has been weak, inflation is high, unilateralism and protectionism have intensified, golden avoidance and preservation functions have attracted great attention, gold prices have risen strongly, and they have continued to refresh their historical highs.In the first half of the year, the average price of gold in London was $ 2202.91/ounce, an increase of 14.05%from the US $ 1931.54/ounce in the same period last year.The weighted average price of AU9999 gold in the Mumbai Gold Exchange was 514.12 yuan/gram in the first half of the year, an increase of 18.98%from 432.09 yuan/gram of the same period of the previous year.Lucknow Stock
According to the latest statistics from the World Gold Association, in the first six months of this year, the global central bank increased its holdings of 483 tons of gold, an increase of 5%year -on -year, a record high of the same period.
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