According to a report by Jin Shi Data, Guotai Junan released a research report stating that U.S. employment data was unexpectedly weak, leading to increased market expectations for a rate cut by the Federal Reserve in September, which may result in marginally looser liquidity. There is uncertainty surrounding U.S. tariff policies and inflation, and gold prices may fluctuate at high levels.
In the industrial metals sector, the market is waiting for the gradual recovery of peak season demand and the release of favorable macroeconomic news, which is expected to drive prices upwards.