{"id":24207,"date":"2026-09-02T05:52:00","date_gmt":"2026-09-02T05:52:00","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=24207"},"modified":"2026-09-02T05:52:00","modified_gmt":"2026-09-02T05:52:00","slug":"daily-commentary-458","status":"publish","type":"post","link":"https:\/\/www.maxainasia.com\/ja\/daily-commentary-458-20260902\/","title":{"rendered":"FRB\u306e\u30bf\u30ab\u6d3e\u7684\u306a\u898b\u901a\u3057\u306b\u3088\u308a\u3001XAU\/USD\u306f$4,300\u3092\u3055\u3089\u306b\u4e0b\u56de\u308b\u5c55\u958b\u3068\u306a\u3063\u3066\u3044\u308b"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>\u7c73\u56fd\u50b5\u5229\u56de\u308a\u304c\u904e\u53bb\u6700\u9ad8\u6c34\u6e96\u306b\u9054\u3057\u305f\u3053\u3068\u3092\u53d7\u3051\u3001\u91d1\u4fa1\u683c\u306f\u3055\u3089\u306b\u4e0b\u843d\u3057\u3001$4,287\u4ed8\u8fd1\u307e\u3067\u4e0b\u843d\u3057\u305f\u3002.<\/strong><\/li>\n<li><strong>FRB\u306f\u4eca\u6708\u306e\u653f\u7b56\u4f1a\u5408\u3067\u5229\u4e0a\u3052\u3092\u884c\u3046\u3068\u4e88\u60f3\u3055\u308c\u3066\u3044\u308b\u3002.<\/strong><\/li>\n<li><strong>\u6295\u8cc7\u5bb6\u306f8\u6708\u306e\u7c73ADP\u96c7\u7528\u7d71\u8a08\u306e\u767a\u8868\u3092\u63a7\u3048\u3066\u69d8\u5b50\u898b\u59ff\u52e2\u3092\u3068\u3063\u3066\u3044\u308b\u3002.<\/strong><\/li>\n<\/ul>\n<p>\u91d1\u306f\u6c34\u66dc\u65e5\u3001\u7c73\u56fd\u50b5\u5229\u56de\u308a\u306e\u6025\u4e0a\u6607\u3068\u539f\u6cb9\u4fa1\u683c\u306e\u9ad8\u9a30\u306b\u3088\u308a\u5f37\u3044\u5727\u529b\u3092\u53d7\u3051\u3001\u4e0b\u843d\u57fa\u8abf\u3092\u62e1\u5927\u3057\u305f\u3002.<\/p>\n<p>\u6c34\u66dc\u65e5\u306e\u30a2\u30b8\u30a2\u5e02\u5834\u3067\u3001\u7c73\u56fd10\u5e74\u7269\u56fd\u50b5\u5229\u56de\u308a\u306f4.81%\u3068\u904e\u53bb\u6700\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u30012023\u5e7411\u6708\u4ee5\u6765\u306e\u9ad8\u6c34\u6e96\u3092\u8a18\u9332\u3057\u305f\u3002.<\/p>\n<p>\u5229\u606f\u3092\u7523\u3080\u8cc7\u7523\u306e\u5229\u56de\u308a\u4e0a\u6607\u306f\u3001\u91d1\u306e\u3088\u3046\u306a\u7121\u5229\u606f\u8cc7\u7523\u306e\u9b45\u529b\u3092\u4f4e\u4e0b\u3055\u305b\u308b\u3002.<\/p>\n<p>BNY\u306e\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306f\u3001\u7c73\u9577\u671f\u91d1\u5229\u306e\u76f4\u8fd1\u306e\u52d5\u304d\u306e\u4e3b\u306a\u539f\u56e0\u306f\u300c\u8ca1\u653f\u4e0a\u306e\u61f8\u5ff5\u3068\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff08FRB\uff09\u306e\u4fe1\u8a8d\u306b\u5bfe\u3059\u308b\u7591\u554f\u300d\u306b\u3042\u308b\u3068\u898b\u3066\u3044\u308b\u3002\u5f7c\u3089\u306f\u307e\u305f\u3001\u30b1\u30d3\u30f3\u30fb\u30a6\u30a9\u30eb\u30b7\u30e5FRB\u8b70\u9577\uff08\u203b\u539f\u6587\u30de\u30de\uff09\u306b\u3088\u308b\u30b8\u30e3\u30af\u30bd\u30f3\u30db\u30fc\u30eb\u4f1a\u5408\u3067\u306e\u30bf\u30ab\u6d3e\u7684\u306a\u8b1b\u6f14\u306b\u3088\u308a\u3001\u300c\u7fcc\u65e5\u7269\u91d1\u5229\u3084\u30b9\u30ef\u30c3\u30d7\u91d1\u5229\u304b\u30892\u5e74\u50b5\u5229\u56de\u308a\u307e\u3067\u306e\u5168\u4f53\u304c\u3001\u5c06\u6765\u306e\u5f15\u304d\u7de0\u3081\u3092\u7e54\u308a\u8fbc\u3080\u52d5\u304d\u3068\u306a\u3063\u305f\u300d\u3053\u3068\u3082\u5f37\u8abf\u3057\u305f\u3002\u201c<\/p>\n<p>\u30a6\u30a9\u30eb\u30b7\u30e5FRB\u8b70\u9577\u306f\u30b8\u30e3\u30af\u30bd\u30f3\u30db\u30fc\u30eb\u4f1a\u5408\u3067\u306e\u6f14\u8aac\u3067\u660e\u78ba\u306a\u30d5\u30a9\u30ef\u30fc\u30c9\u30ac\u30a4\u30c0\u30f3\u30b9\u3053\u305d\u907f\u3051\u305f\u3082\u306e\u306e\u3001\u300c\u5229\u4e0a\u3052\u3092\u4e3b\u5f35\u3059\u308b\u4e0a\u3067\u5883\u754c\u7dda\u306b\u9650\u308a\u306a\u304f\u8fd1\u3065\u3044\u305f\u300d\u3068\u3057\u3001\u5e02\u5834\u306f\u73fe\u5728\u300c9\u670816\u65e5\u306eFOMC\u4f1a\u5408\u3067\u306e\u5229\u4e0a\u3052\u78ba\u7387\u30923\u5206\u306e2\u8fd1\u304f\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u300d\u3068\u3001BNY\u306f\u30ea\u30dd\u30fc\u30c8\u3067\u8ff0\u3079\u305f\u3002.<\/p>\n<p>CME\u306eFedWatch\u30c4\u30fc\u30eb\u306b\u3088\u308b\u3068\u3001FRB\u304c\u4eca\u6708\u306e\u653f\u7b56\u4f1a\u5408\u3067\u5229\u4e0a\u3052\u3092\u884c\u3046\u78ba\u7387\u306f67%\u3067\u3042\u308b\u3002.<\/p>\n<p>\u6c34\u66dc\u65e5\u3001WTI\u539f\u6cb9\u4fa1\u683c\u306f\u4e0a\u6607\u3092\u7d9a\u3051\u3001$90.78\u30685\u9031\u9593\u3076\u308a\u306e\u9ad8\u5024\u3092\u8a18\u9332\u3057\u305f\u3002\u7c73\u56fd\u3068\u30a4\u30e9\u30f3\u306e\u9593\u3067\u518d\u3073\u8ecd\u4e8b\u885d\u7a81\u304c\u6fc0\u5316\u3057\u305f\u3053\u3068\u3092\u53d7\u3051\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u4f9b\u7d66\u306e\u6df7\u4e71\u304c\u9577\u671f\u5316\u3059\u308b\u61f8\u5ff5\u304c\u518d\u71c3\u3057\u3001\u539f\u6cb9\u4fa1\u683c\u306f\u4e0a\u6607\u3092\u7d9a\u3051\u3066\u3044\u308b\u3002.<\/p>\n<p>\u706b\u66dc\u65e5\u3001\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306f\u30bd\u30fc\u30b7\u30e3\u30eb\u30e1\u30c7\u30a3\u30a2\u300cTruth Social\u300d\u3078\u306e\u6295\u7a3f\u3067\u3001\u30db\u30eb\u30e0\u30ba\u6d77\u5ce1\u4ed8\u8fd1\u306e\u30a4\u30e9\u30f3\u306e\u6a19\u7684\u306b\u5bfe\u3059\u308b\u653b\u6483\u3092\u5b9f\u65bd\u3057\u3066\u3044\u308b\u3068\u8ff0\u3079\u305f\u3002\u3053\u308c\u306f\u3001\u30a4\u30e9\u30f3\u304c\u540c\u6d77\u5ce1\u306b\u6a5f\u96f7\u3092\u6577\u8a2d\u3057\u3088\u3046\u3068\u3057\u305f\u300c\u5931\u6557\u3057\u305f\u8a66\u307f\u300d\u3078\u306e\u5831\u5fa9\u3067\u3042\u308a\u3001\u73fe\u5728\u540c\u6d77\u5ce1\u306b\u306f\u300c\u6a5f\u96f7\u306f\u4e00\u5207\u5b58\u5728\u3057\u306a\u3044\u300d\u3068\u3057\u3066\u3044\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u3055\u3089\u306b\u3001\u30e8\u30eb\u30c0\u30f3\u306b\u3042\u308b\u7c73\u8ecd\u57fa\u5730\u304c\u30c6\u30d8\u30e9\u30f3\u304b\u3089\u767a\u5c04\u3055\u308c\u305f8\u767a\u306e\u30df\u30b5\u30a4\u30eb\u3059\u3079\u3066\u3092\u8fce\u6483\u30fb\u6483\u589c\u3059\u308b\u3053\u3068\u306b\u6210\u529f\u3057\u305f\u3068\u4ed8\u3051\u52a0\u3048\u305f\u3002.<\/p>\n<p>\u539f\u6cb9\u4fa1\u683c\u306e\u9ad8\u9a30\u304c\u4e16\u754c\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u3092\u62bc\u3057\u4e0a\u3052\u7d9a\u3051\u3066\u304a\u308a\u3001\u3053\u306e\u30b7\u30ca\u30ea\u30aa\u304c\u4e2d\u592e\u9280\u884c\u306b\u3088\u308b\u5229\u4e0b\u3052\u3078\u306e\u61f8\u5ff5\u3092\u5f15\u304d\u8d77\u3053\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u306f\u91d1\u306e\u3088\u3046\u306a\u5229\u606f\u3092\u751f\u307f\u51fa\u3055\u306a\u3044\u8cc7\u7523\u306b\u3068\u3063\u3066\u60aa\u6750\u6599\u3068\u306a\u308b\u3002.<\/p>\n<p>\u6c34\u66dc\u65e5\u306e\u30bb\u30c3\u30b7\u30e7\u30f3\u3067\u306f\u3001\u6295\u8cc7\u5bb6\u306f12:15 GMT\u306b\u767a\u8868\u3055\u308c\u308b8\u6708\u306e\u7c73ADP\u96c7\u7528\u7d71\u8a08\u306b\u6ce8\u76ee\u3059\u308b\u3002\u7c73\u56fd\u6c11\u9593\u90e8\u9580\u3067\u306f\u30017\u6708\u306e44,000\u4eba\u3092\u308f\u305a\u304b\u306b\u4e0b\u56de\u308b48,000\u4eba\u306e\u65b0\u898f\u96c7\u7528\u304c\u5275\u51fa\u3055\u308c\u305f\u3068\u4e88\u60f3\u3055\u308c\u3066\u3044\u308b\u3002.<\/p>\n<p>\u7c73\u56fd\u306e\u6c11\u9593\u96c7\u7528\u30c7\u30fc\u30bf\u306f\u3001FRB\u306e\u5229\u4e0b\u3052\u671f\u5f85\u306b\u5927\u304d\u306a\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3053\u3068\u304c\u4e88\u60f3\u3055\u308c\u307e\u3059\u3002.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"430\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-1024x430.png\" alt=\"Gold Technical Analysis\" class=\"wp-image-24208\" srcset=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-1024x430.png 1024w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-300x126.png 300w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-768x323.png 768w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-1536x645.png 1536w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-18x8.png 18w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02.png 1702w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n<p>\u65e5\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u306f\u3001XAU\/USD\u306f$4,295.45\u3067\u53d6\u5f15\u3055\u308c\u3066\u304a\u308a\u300120\u65e5\u6307\u6570\u79fb\u52d5\u5e73\u5747\u7dda\uff08EMA\uff09\u3067\u3042\u308b$4,409.75\u4ed8\u8fd1\u3092\u4e0b\u56de\u3063\u3066\u63a8\u79fb\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u77ed\u671f\u7684\u306b\u306f\u5f31\u6c17\u57fa\u8abf\u3092\u7dad\u6301\u3057\u3066\u3044\u308b\u3002 \u3053\u306e\u52d5\u7684\u306a\u62b5\u6297\u7dda\u3092\u596a\u9084\u3067\u304d\u306a\u304b\u3063\u305f\u3053\u3068\u306f\u4e0b\u843d\u30d0\u30a4\u30a2\u30b9\u3092\u5f37\u3081\u3066\u3044\u308b\u4e00\u65b9\u300144\u4ed8\u8fd1\u306b\u3042\u308b\u76f8\u5bfe\u529b\u6307\u6570\uff08RSI\u300114\uff09\u306f\u3001\u5f31\u3081\u3067\u306f\u3042\u308b\u3082\u306e\u306e\u6975\u7aef\u3067\u306f\u306a\u3044\u30cd\u30ac\u30c6\u30a3\u30d6\u306a\u52e2\u3044\u3092\u793a\u3057\u3066\u304a\u308a\u3001\u3053\u308c\u306f\u5b8c\u5168\u306a\u58f2\u3089\u308c\u904e\u304e\u306b\u3088\u308b\u5e95\u6253\u3061\u3068\u3044\u3046\u3088\u308a\u306f\u3001\u8abf\u6574\u5c40\u9762\u3068\u4e00\u81f4\u3059\u308b\u52d5\u304d\u3067\u3042\u308b\u3002.<\/p>\n<p>\u4e0a\u5024\u306b\u95a2\u3057\u3066\u306f\u3001\u76f4\u8fd1\u306e\u62b5\u6297\u7dda\u306f$4\u306e4,409.75\u306b\u3042\u308b20\u65e5EMA\u306b\u3088\u3063\u3066\u5f62\u6210\u3055\u308c\u3066\u304a\u308a\u3001\u5f37\u6c17\u7b4b\u304c\u73fe\u5728\u306e\u4e0b\u843d\u5727\u529b\u3092\u548c\u3089\u3052\u308b\u306b\u306f\u3001\u3053\u306e\u6c34\u6e96\u3092\u660e\u78ba\u306b\u4e0a\u56de\u3063\u3066\u5f15\u3051\u308b\u5fc5\u8981\u304c\u3042\u308b\u3060\u308d\u3046\u3002 \u30c7\u30fc\u30bf\u30bb\u30c3\u30c8\u306b\u306f\u660e\u78ba\u306a\u69cb\u9020\u7684\u306a\u652f\u6301\u7dda\u304c\u898b\u5f53\u305f\u3089\u306a\u3044\u305f\u3081\u3001\u30c8\u30ec\u30fc\u30c0\u30fc\u306f\u76f4\u8fd1\u306e\u5b89\u5024\u3084\u65e5\u4e2d\u306e\u4fa1\u683c\u52d5\u5411\u3092\u66ab\u5b9a\u7684\u306a\u9700\u8981\u30be\u30fc\u30f3\u3068\u3057\u3066\u6ce8\u76ee\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002\u4e00\u65b9\u3001RSI\u306e\u6307\u6a19\u304c\u4f4e\u8abf\u306a\u6c34\u6e96\u306b\u3042\u308b\u3053\u3068\u304b\u3089\u3001\u4fa1\u683c\u304c20\u65e5EMA\u3092\u4e0b\u56de\u3063\u3066\u63a8\u79fb\u3057\u3066\u3044\u308b\u9650\u308a\u3001\u3055\u3089\u306a\u308b\u4e0b\u843d\u306e\u53ef\u80fd\u6027\u3082\u6392\u9664\u3067\u304d\u306a\u3044\u3002.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold declines further to near $4,287 as US bond yields hit record highs. The Fed is anticipated to hike interest rates in the policy meeting this month. Investors await key US ADP Employment Change data for August. Gold extends its decline on Wednesday, facing enormous pressure due to surging United States (US) Treasury Yields and rising oil prices. In Asian trade on Wednesday, 10-year US Treasury Yields hit a record high at 4.81%, the highest level seen since November 2023. Higher yields on interest-bearing assets result in diminishing the appeal of non-yielding assets, such as Gold. Strategists at BNY see \u201cfiscal concerns and doubts about the Federal Reserve\u2019s (Fed) credibility\u201d &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.maxainasia.com\/ja\/daily-commentary-458-20260902\/\" class=\"more-link\"><span class=\"screen-reader-text\">&#8220;Hawkish Fed prospects drag XAU\/USD further below $4,300&#8221; \u306e<\/span>\u7d9a\u304d\u3092\u8aad\u3080<\/a><\/p>","protected":false},"author":5,"featured_media":17233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-24207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"_links":{"self":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/comments?post=24207"}],"version-history":[{"count":2,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24207\/revisions"}],"predecessor-version":[{"id":24210,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24207\/revisions\/24210"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/media?parent=24207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/categories?post=24207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/tags?post=24207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}