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Back川普施壓聯準會降息,法人看國際金價長線偏多朝5000美元靠攏
川普施壓聯準會降息,法人看國際金價長線偏多朝5000美元靠攏
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自由时报1 hour agoBusiness2 min readChinaView translation

川普施壓聯準會降息,法人看國際金價長線偏多朝5000美元靠攏

Quick Look

川普施壓聯準會降息,國際金價回落至每盎司4400美元後再度受關注。高盛、匯豐、瑞銀預測2026年底金價將升至4900、4750、5000美元,美國銀行下修至4350美元。法人指出短期金價受升息預期影響,但長期仍受財政赤字擴張、央行購金及地緣政治風險支撐。

AI-generated summary

Why It Matters

市場曾因美國財政部擴大長天期公債回購及財政赤字擔憂推高國際金價,但隨後獲利了結導致回落。川普施壓聯準會降息後,金價再度受關注。

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〔記者張慧雯/台北報導〕受到美國財政部擴大長天期公債回購,以及市場對美國財政赤字的擔憂,國際金價快速攀升,不過隨著市場逐步消化相關利多,加上部分投資人獲利了結,黃金自歷史高檔附近回落,然而美國總統川普施壓要求聯準會降息,國際金價目前又回到每盎司4400美元。

統計投資銀行對國際金價最新預測,高盛預估2026年底金價可望升至每盎司4900美元,匯豐預測4750美元、瑞銀維持5000美元,美國銀行則下修至4350美元。

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法人表示,近期市場焦點轉向聯準會貨幣政策與美國經濟數據,Jackson Hole年會後市場一度提高對聯準會升息的預期,再加上美國非農新增就業暴增恐激勵9月升息,不過,美國總統川普隨即強勢放話,揚言不降息就停止與美國有貿易逆差的國家往來,使得9月升息預期又下降。

期元大S&P黃金(00635U)ETF研究團隊表示,短線來看,國際金價與升息因素較為相關,而非黃金長期基本面出現明顯改變,中長期而言,全球財政赤字擴張、央行購金需求及地緣政治風險仍為黃金提供支撐。

一手掌握經濟脈動 點我訂閱自由財經Youtube頻道

What to Watch

AI outlook — possibilities, not facts

  • 國際金價將在2026年底升至每盎司4900美元左右

    Likely · Within months

Open Questions

  • 聯準會是否會在川普壓力下調整降息時間表?
  • 美國是否會對貿易逆差國家實施具體經濟制裁?
  • 地緣政治風險升溫時,央行購金需求將如何變化?

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