In summary, the reporter found that Wall Street is generally optimistic about tomorrow's gold price trend; the target range is 4,800-5,000 US dollars. HSBC recently stated in a commodity outlook report that the upward momentum of gold is expected to continue until 2026. The driving forces behind this include strong purchases by central banks, continued US fiscal concerns, and expectations of further monetary easing. The target price is 5,000 US dollars. The report emphasizes that the US fiscal deficit problem is an important factor driving demand for gold. Investors are increasingly seeing gold as a hedge against debt sustainability risks and the potential weakening of the dollar. HSBC also anticipates that demand for central bank purchases will remain high. In particular, continued purchases by central banks in emerging markets will form a key support. However, HSBC also warned that if the Fed cuts interest rates less often than market expectations, the upward trajectory of gold may face resistance.

In summary, the reporter found that Wall Street is generally optimistic about tomorrow's gold price trend; the target range is 4,800-5,000 US dollars. HSBC recently stated in a commodity outlook report that the upward momentum of gold is expected to continue until 2026. The driving forces behind this include strong purchases by central banks, continued US fiscal concerns, and expectations of further monetary easing. The target price is 5,000 US dollars. The report emphasizes that the US fiscal deficit problem is an important factor driving demand for gold. Investors are increasingly seeing gold as a hedge against debt sustainability risks and the potential weakening of the dollar. HSBC also anticipates that demand for central bank purchases will remain high. In particular, continued purchases by central banks in emerging markets will form a key support. However, HSBC also warned that if the Fed cuts interest rates less often than market expectations, the upward trajectory of gold may face resistance.