Daily Gold Commentary | Will Tonight's Data and Tomorrow's Speech Determine Gold Prices?

新浪财经2026/08/27 23:30

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For the remainder of this week, international gold prices will be influenced by U.S. initial jobless claims data and the Jackson Hole Global Central Bank Symposium speech from Walsh. Tonight’s initial jobless claims data is an important variable, with market expectations at about 230,000. If initial jobless claims exceed 235,000, the narrative of loosening employment is reinforced, partially offsetting the negative impact from the Consumer Price Index and supporting a rebound in international gold prices; if claims fall short of expectations, rate hike pricing will rise further, and international gold prices may test lower.

Tomorrow, the first keynote speech at the Jackson Hole Global Central Bank Symposium by Federal Reserve Chair Walsh will be the key market mover for the week. Two scenarios: dovish/vague guidance → rate hike pricing reverses, allowing international gold prices to break through strong resistance and open upside; explicit hawkish guidance on rate hikes this year → gains are deeply retraced and international gold prices test strong lower support.

Editor | Jiao Yang Layout | Jiao Yang Visuals | Zhang Zongwei

Proofreading | Wang Bei Review | Ni Jinhe

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Daily Gold Commentary | Will Tonight's Data and Tomorrow's Speech Determine Gold Prices?

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