On December 15, COMEX gold initially rose before retreating, stabilizing in late trading to close at $4,334.3 per ounce, up 0.14%. Meanwhile, the overnight SHFE gold price in China trended lower, settling at 975.52 yuan per gram, down 0.18%.

Data from the New York Federal Reserve showed its General Business Conditions Index plunged approximately 23 points to -3.9, indicating contraction in the manufacturing sector. However, the six-month outlook improved significantly, with the forward-looking index rising 16.6 points to its highest level since early this year, reflecting stronger optimism about orders and shipments. The Boston Fed President stated she supported last week's rate cut decision but acknowledged it was difficult due to lingering concerns about elevated inflation.

Markets are actively debating and pricing in the future Fed chair appointment and the pace of rate cuts in 2016. Considering financial market liquidity and weak economic employment prospects, sentiment remains cautiously optimistic, supporting gold's relatively strong performance.

The upcoming Nonfarm Payrolls data release tonight could provide direction for future Fed monetary policy. If the figures fall significantly below expectations, markets may further price in expectations for liquidity easing. Conversely, stronger-than-expected data may trigger short-term corrections in precious metals.

Disclaimer: This report's information is sourced from publicly available data. While we strive for accuracy and completeness, no guarantees are made regarding its reliability. The views expressed are for reference only and do not constitute investment advice. Investors assume full responsibility for any decisions made based on this content.