Western Region Gold (SH:601069) Sou Hu Cai Jing·2025-09-03 07:00Group 1 - International gold prices reached a historic high, with COMEX gold futures trading at $3607.6 per ounce, marking a 0.43% increase and the seventh consecutive day of gains [1] - Several gold companies, including Western Gold, saw significant stock price increases, with Western Gold hitting a limit up at 26.51 yuan per share, resulting in a market capitalization of 24.2 billion yuan [1] - Western Gold reported a 69.01% year-on-year increase in revenue for the first half of the year, totaling 5.03 billion yuan, and a 131.94% increase in net profit attributable to shareholders, amounting to 154 million yuan [4] Group 2 - Analysts from Changjiang Securities noted that gold prices have confirmed a breakout from a quarterly range, driven by three main catalysts: strengthened interest rate cut expectations, rising risk aversion due to geopolitical tensions, and continued central bank gold purchases [6] - The market anticipates a 90% probability of a 25 basis point rate cut by the Federal Reserve in September, which typically boosts gold prices as lower yields make gold more attractive [7][8] - Several international financial institutions are bullish on gold prices, with UBS raising its target for gold prices in the first half of 2026 to $3700 per ounce, and Bank of America predicting prices could reach $4000 per ounce [9]