金价又开始大涨了，空间有多大，普通人如何应对？

Group 1 - The core viewpoint of the articles indicates that the recent rebound in spot gold prices, nearing $3,400 per ounce, is primarily influenced by the Chinese central bank's continuous increase in gold reserves for foreign exchange hedging rather than a bullish outlook on gold itself [1] - As of the end of July, China's gold reserves reached 73.96 million ounces, an increase of 60,000 ounces from June, marking nine consecutive months of gold accumulation by the central bank [1] - The decline in the US dollar index is negatively correlated with gold prices, leading to an increase in gold prices as expectations of interest rate cuts by the Federal Reserve grow, alongside concerns about a potential economic recession in the US [1] Group 2 - International investment banks, such as Citigroup, have recently shifted their stance to a bullish outlook on gold, raising their price forecast from $3,300 to $3,500 per ounce, indicating potential upward price movement [2] - Despite the optimistic price targets of $3,500 to $3,600 per ounce, the overall expectation suggests a narrowing of upward space for gold prices, indicating a likely continuation of range-bound trading without significant new capital inflows [4] - For individual investors holding gold-related assets, maintaining positions is crucial, while new purchases should be approached with caution, as significant price fluctuations are not anticipated in the near term [4]