突破3500美元！黄金价格创历史新高，背后暗藏三大危机信号？

Group 1 - On September 2, spot gold surged to $3,500 per ounce, marking a historic high and a more than 32% increase since the beginning of the year, with a single-day rise of over 1%, the largest daily increase since 2025 [2][3] - The largest gold ETF, SPDR Gold Trust, saw its holdings exceed 1,100 tons, reaching a new high for the year, while global central bank gold purchases increased by 20% year-on-year [3] Group 2 - The surge in gold prices is driven by three major crises: a crisis of trust in the US dollar, the looming threat of stagflation, and escalating geopolitical tensions [5] - The US dollar is facing a credibility crisis, exacerbated by dovish comments from the Federal Reserve Chairman and weak economic data, leading to a 100% market bet on a rate cut in September [5] - Stagflation risks are rising, with persistent global inflation, particularly in the US and Europe, driving investors towards gold as an inflation hedge [5] - Geopolitical tensions, particularly the intensifying Ukraine crisis and attacks on energy facilities, have led to increased safe-haven demand for gold [5] Group 3 - For ordinary investors, it is advisable to consider a phased entry into gold, particularly monitoring the support level at $3,400, while the long-term outlook remains strong with target prices projected between $3,700 and $4,000 [7] - The current gold price surge is viewed as a reflection of global economic fractures rather than a mere wealth game, indicating significant asset testing amid a declining dollar and rising inflation [7]