Spot gold prices rose amid volatility, and the rise in U.S. prices is likely to become the key to the future

2 month 8 Japan , Boosted by the expectation that the Federal Reserve will accelerate interest rate hike , The dollar and treasury bond yields rose together , However, due to the heating up and influence of geopolitical situation , Spot gold performance remains strong , The highest level in the day touched 1828 Dollar position , US stocks closed at 1825.71 dollar / Oz. .

The latest data released on that day shows , The United States 12 The monthly trade account is negative 807 Billion dollars , Perform better than expected negative 830 Billion dollars , But higher than the previous value of negative 793.3 Billion dollars . A comment pointed out that , In the first half of last year, the epidemic increased commodity expenditure , Coupled with supply and logistics barriers, the price of imported consumer goods soared , Pushing the U.S. trade deficit to 2021 In, it reached the highest level ever recorded , Add another price pressure ; If it is announced later 1 month CPI The data meet or exceed expectations , Then the Federal Reserve is likely to turn further ,3 Monthly interest rate increase 50 The base point is expected to rise further , And set off another wave of market in the investment market .

On the other hand , Such as 1 month CPI The index unexpectedly underperformed expectations , be 「 Temporary theory of inflation 」 It is likely to make a comeback , Give the Fed more room for policy adjustment , There is also a chance to remove the underlying support of the dollar . Despite the expectation that the Federal Reserve will start raising interest rates , In the medium term, the upside of interest free gold price may be quite limited , But if the Fed had spoken before long, then the eagle , There is also a chance that the short-term decline of spot gold will be less than market expectations . For now , The spot gold price is mainly supported by the risk aversion mentality caused by geopolitics .