Recently, international gold prices have remained volatile at a high level. After the September adjustment, the price of gold rebounded on October 1, and spot gold once rose above 4,190 US dollars/ounce. The reporter interviewed a number of public and private equity institutions and learned that after the implementation of the Federal Reserve's interest rate hike, high interest rates and rising US bond yields continued to suppress gold, but the price of gold still showed some resilience during the adjustment process. Regarding the short-term trend of gold, institutions as a whole are still cautious. The high interest rate environment and subsequent changes in monetary policy are still important variables affecting the price of gold. However, many interviewees believe that factors such as global central bank purchases, US debt and US dollar credit, the geographical situation, and diversification of reserve assets still support the medium- to long-term allocation demand for gold. After experiencing early adjustments, institutions are more concerned about when the suppression of high interest rates will ease, and whether the medium- to long-term gold allocation logic can be further revealed.

Recently, international gold prices have remained volatile at a high level. After the September adjustment, the price of gold rebounded on October 1, and spot gold once rose above 4,190 US dollars/ounce. The reporter interviewed a number of public and private equity institutions and learned that after the implementation of the Federal Reserve's interest rate hike, high interest rates and rising US bond yields continued to suppress gold, but the price of gold still showed some resilience during the adjustment process. Regarding the short-term trend of gold, institutions as a whole are still cautious. The high interest rate environment and subsequent changes in monetary policy are still important variables affecting the price of gold. However, many interviewees believe that factors such as global central bank purchases, US debt and US dollar credit, the geographical situation, and diversification of reserve assets still support the medium- to long-term allocation demand for gold. After experiencing early adjustments, institutions are more concerned about when the suppression of high interest rates will ease, and whether the medium- to long-term gold allocation logic can be further revealed.