
金價週四微漲,現貨金報4165.29美元/盎司,期貨金報4202.30美元/盎司。滙豐將2026年與2027年平均金價預測調降至4490美元與4825美元/盎司,認為短期金價可能面臨壓力。美國8月通膨低於預期,降低市場對10月升息預期至28%。分析師指出,若非農就業報告優於預期,金價可能重新測試4000美元關卡。
AI-generated summary
市場正密切關注美國聯準會貨幣政策走向,近期通膨數據和就業報告是關鍵指標。金價作為避險資產,對利率預期特別敏感。
黃金週四(1日)微漲。(法新資料照)
〔財經頻道/綜合報導〕黃金週四(1日)微漲,而滙豐將2026年與2027年平均金價預測分別調降至每盎司4490美元與4825美元,並表示黃金短期可能面臨進一步壓力。
黃金現貨上漲0.2%,報每盎司4165.29美元。
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美國黃金期貨上漲0.4%,報每盎司4202.30美元。
數據顯示,美國8月通膨升幅低於預期,且前一個月的價格壓力也向下修正,而這項數據降低市場對10月升息的預期,目前市場定價顯示,Fed 10月升息的機率為28%,低於數據公布前的45%,以及一週前的69%。
High Ridge Futures金屬交易主管梅格(David Meger)說:「正是較低的升息預期,支撐著貴金屬市場。」
另一方面,中國暫停石油產品出口後,油價應聲走高,此舉可能導致原本已因全球供應短缺而吃緊的燃料市場更加緊繃,並引發市場對通膨的疑慮。
梅格說:「任何會提高Fed升息可能性的因素,都肯定會打擊黃金市場情緒。能源價格進一步大幅上漲,或中東局勢任何升級,也會產生同樣的效果。」
投資人目前等待週五公布的美國9月非農就業報告,以從中尋找貨幣政策前景線索。
XM Trading資深市場分析師Achilleas Georgolopoulos則說:「風險偏好減弱以及Fed升息押注下降,都對黃金有所助益,但短期趨勢仍偏空。金價仍可能重新測試4000美元關卡,尤其如果明天公布的非農就業報告優於預期。」
滙豐將2026年與2027年平均金價預測分別調降至每盎司4490美元與4825美元,並表示黃金短期可能面臨進一步壓力,但可能已接近底部。
此外,滙豐預期,各國央行將因金價下跌而再度買進,尤其考量到金價正接近或跌破每盎司4000美元。
其他貴金屬交易
現貨白銀上漲0.2%,報每盎司60.51美元。
現貨鉑金上漲0.1%,報每盎司1707.56美元。
現貨鈀金下跌2.2%,報每盎司1178.57美元。
一手掌握經濟脈動 點我訂閱自由財經Youtube頻道
AI outlook — possibilities, not facts
若美國9月非農就業報告優於預期,金價可能重新測試4000美元關卡
Possible · Within days

The report pointed out that TSMC controls advanced chip manufacturing and large-scale mass production capabilities, while ASML controls key semiconductor equipment technologies. The two companies occupy an irreplaceable position in the AI chip industry chain and have long-term investment value.

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The Taipei High Administrative Court revoked the 20 million yuan fine imposed by the Fair Association on the Quanlian Welfare Center and determined that its bargaining behavior was a normal business activity and did not constitute a most-favored customer policy. Quanlian won the case and the Fair Association could appeal.

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Hanlei (3707) is driven by the demand for AI, and its SiC layout is expected to bear fruit. The stock price opened lower and higher today and sealed the daily limit. Foreign investors oversold for two consecutive days. The company is actively deploying high-voltage SiC components and launching Gen5 technology platform, targeting applications such as AI servers and electric vehicles.

KGI pointed out that the size of Taiwan's ETF market has grown by more than 4 trillion yuan this year, of which Taiwan stock ETFs have grown by more than 3 trillion yuan, active ETFs have grown by nearly 800 billion yuan, and stock leveraged and reverse ETFs have grown by 300 billion yuan. KGI Taiwan TOP 50 ETF (009816) has exceeded 200 billion yuan in 8 months since its listing, becoming a member of the 200 billion club of the ninth Taiwan stock ETF. Driven by the demand for AI supply chains, Taiwan stocks have the highest growth rate in emerging Asia this year. The total number of listed Taiwan stock ETFs has increased to 358, with 43 new ones. KGI Investments launches the first non-dividend reinvestment passive Taiwan stock ETF, which uses large market capitalization + profit filtering + dynamic overweighting of strong stocks stock selection rules, and is optimistic about the AI ecological chain and the structural rise opportunities of Taiwan stocks. The financial reports of the four major CSP players will become the driving force for the evaluation of AI semiconductors. Taiwan stocks are still the top priority for investment. It is recommended to make regular long-term investments through market capitalization Taiwan stock ETFs.