中金：黄金牛市的终局剧本已经比较明朗但牛市仍能持续一段时间

格隆汇02-06

格隆汇2月6日｜中金研报称，我们认为本轮黄金牛市的终局剧本已经比较明朗，一种可能性是美联储结束降息周期，开始启动缩表；另一种可能性是美国AI革命取得重大进展，提高经济增长并降低通胀。由于目前美联储政策与美国经济都尚未出现拐点，我们认为黄金牛市仍能持续一段时间。未来几个月美国增长与通胀上行，可能仍会打压美联储降息预期，对市场造成一些扰动。我们建议战略上维持超配黄金，利用市场回调逢低吸纳。

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中金：黄金牛市的终局剧本已经比较明朗 但牛市仍能持续一段时间

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中金：黄金牛市的终局剧本已经比较明朗但牛市仍能持续一段时间