中金:黄金投资需求和价格或均存向上修复空间

Gate News 消息,4 月 4 日,中金公司研报认为,美伊冲突导致油价大涨,通胀风险先入为主,市场预期美联储降息路径生变,为去年增持较多的黄金 ETF(黄金交易所交易基金)带来抛售压力,同时流动性冲击也通过期货期权市场为短期回调推波助澜。当前中东地缘局势或正行至关键窗口期,油价面临上下抉择,黄金市场定价重心或将转向评估供应冲击对经济衰退的影响,已经初步定价的加息预期或有待修正。中金认为,不论是地缘降级后的油价回调、货币政策重回宽松方向,还是供应冲击加重衰退压力、触发黄金避险价值彰显,黄金投资需求和价格或均存向上修复空间。

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