Recently, the gold market, which had been dormant for a while, is bustling again. After several months of fluctuating adjustments, international gold prices suddenly gained strength, breaking through the previous fluctuation range of 4,000 US dollars/ounce to 4,100 US dollars/ounce and regaining a position of 4,300 US dollars/ounce. However, in this round of the market, it was not gold that “agitated” first, but gold stocks. In July, the cumulative increase in London spot gold was only 0.84%, but the A-share gold industry chain was launched ahead of schedule, and the gold index rose by more than 24% in a single month. Entering August, as gold prices broke through key pressure levels, the upward flexibility of the gold sector was further unleashed. Industry insiders said that this round of gold price rebound is the result of a combination of factors such as cooling expectations of the Federal Reserve's interest rate hike, blocking the rise in the US dollar index, changes in the geographical situation, and the re-inflow of capital. Over time, factors such as continued gold purchases by central banks around the world, the expansion of the US fiscal deficit, and changes in the global monetary system are still providing medium- to long-term support for gold prices. However, institutions are relatively cautious about gold prices continuing to rise rapidly unilaterally in the short term. After experiencing a clear rebound, future US economic data, the Federal Reserve's monetary policy expectations, and changes in the geographical situation may all re-amplify gold price fluctuations.

Recently, the gold market, which had been dormant for a while, is bustling again. After several months of fluctuating adjustments, international gold prices suddenly gained strength, breaking through the previous fluctuation range of 4,000 US dollars/ounce to 4,100 US dollars/ounce and regaining a position of 4,300 US dollars/ounce. However, in this round of the market, it was not gold that “agitated” first, but gold stocks. In July, the cumulative increase in London spot gold was only 0.84%, but the A-share gold industry chain was launched ahead of schedule, and the gold index rose by more than 24% in a single month. Entering August, as gold prices broke through key pressure levels, the upward flexibility of the gold sector was further unleashed. Industry insiders said that this round of gold price rebound is the result of a combination of factors such as cooling expectations of the Federal Reserve's interest rate hike, blocking the rise in the US dollar index, changes in the geographical situation, and the re-inflow of capital. Over time, factors such as continued gold purchases by central banks around the world, the expansion of the US fiscal deficit, and changes in the global monetary system are still providing medium- to long-term support for gold prices. However, institutions are relatively cautious about gold prices continuing to rise rapidly unilaterally in the short term. After experiencing a clear rebound, future US economic data, the Federal Reserve's monetary policy expectations, and changes in the geographical situation may all re-amplify gold price fluctuations.