#密码资产动态追踪 Gold and silver are about to face a directional choice, with a batch of key economic data poised to be released.

There are many important events this week. Several major data points will be announced, and gold and silver are at the crossroads of these signals. Although there are no specific announcements targeting precious metals, market sentiment and capital flows are often driven by macroeconomic data—indirectly influencing gold prices.

First, let's look at the money supply. This is an important indicator of inflationary pressure. If the growth rate exceeds expectations, market concerns about rising inflation will intensify, and demand for gold as a hedge will strengthen.

Next, consider the US 10-year Treasury bond auction. The winning bid rate and bid-to-cover ratio can reveal the market’s true expectations for future interest rates—this is a crucial window. The general rule is that Treasury yields and gold prices tend to move inversely. Rising yields will weaken gold’s attractiveness, while falling yields may act as a catalyst for gold prices.

The investor confidence indices for the Eurozone and Switzerland are also worth monitoring. These two indicators directly reflect market attitudes toward economic prospects. Weak data can trigger safe-haven buying, benefiting gold; conversely, rising confidence can lead funds to shift toward other risk assets, putting pressure on gold prices.

Silver’s performance often moves in tandem with gold, but with greater volatility—after all, it is both a safe-haven asset and an industrial metal, making it more sensitive to risk appetite.

Therefore, the key focus this week is: how these data will impact market risk appetite, the strength of the US dollar, and real interest rate expectations. Changes in these three factors can largely explain the short-term trends of gold and silver. $BTC $ETH is also within the same market environment, where macro data influence is comprehensive.