Sou Hu Cai Jing·2025-08-29 01:45Group 1 - Recent fluctuations in gold prices show a notable upward trend, with spot gold reaching $3399.793 per ounce, up 0.08%, and COMEX gold futures at $3455.8 per ounce, up 0.21% [1] - In the A-share market, gold-related ETFs surged by 4.51% on August 28, influenced by rising overnight New York gold prices and positive half-year earnings reports [3] - Shandong Gold reported a net profit of 2.808 billion yuan, a year-on-year increase of 102.98%, while Western Gold's net profit reached 154 million yuan, up 131.94% year-on-year [3] Group 2 - The price of gold jewelry in China has surpassed 1000 yuan per gram, with brands like Chow Tai Fook and Lao Feng Xiang priced at 1009 yuan and 1013 yuan respectively [4] - Investment in gold bars and coins has surged, with Chinese demand increasing by 44% year-on-year to 115 tons, marking the highest second-quarter demand since 2013 [5] - Analysts at Industrial Securities anticipate a new allocation window for gold stocks in August, predicting that gold prices will continue to reach new highs due to expectations of interest rate cuts by the Federal Reserve and a weakening dollar [4]