赵兴言：黄金大涨的根本原因解析！1分钟让你看懂市场！

Group 1 - The core viewpoint is that international gold prices have shown a significant upward trend due to market concerns over the independence of the Federal Reserve and expectations of potential interest rate cuts [1][3]. - International gold prices increased by approximately 2.86% over the past week and 5.02% in August, marking the best monthly performance since April [1][3]. - Two main factors driving the rise in gold prices include the Federal Reserve Chairman Powell's indication of a potential openness to rate cuts despite inflation risks, and the recent controversy surrounding the dismissal of Fed Governor Cook, which has raised doubts about the Fed's independence [3][5]. Group 2 - The market anticipates that the Federal Reserve may cut interest rates once or even twice this year, providing overall support for commodity prices, including gold and silver [5]. - Swiss Bank has raised its gold price target for the first half of 2026 to $3,700 per ounce, while Bank of America predicts it could reach $4,000 per ounce in the same timeframe [5]. - The ongoing geopolitical tensions and the trend of "de-dollarization" are prompting global investors to seek alternatives to dollar-denominated assets, with gold being viewed as a hedge against dollar depreciation and declining real interest rates [5].