Core Viewpoint - After three months of volatility, gold prices have experienced a strong increase, with spot gold in London maintaining a price above $3,500 per ounce as of September 4, 2023, and related ETFs gaining popularity [1] Group 1: Short-term Outlook - Most metals are rising due to ample liquidity, and the financial attributes of gold are expected to further support its price increase [1] - The sentiment shift could position gold as a safe haven, enhancing its value if other metals show a reversal in trends [1] Group 2: Medium-term Outlook - The potential for a shift in sentiment could highlight gold's hedging value, which would be beneficial for its price [1] - Current economic indicators suggest a cooling job market and inflation aligning with expectations, supporting the case for interest rate cuts by the Federal Reserve [1] Group 3: Long-term Outlook - The decline in the credibility of the US dollar is a primary narrative for the current bull market in gold, with expectations that new policies from the Trump administration may further weaken the dollar's credibility [1] - Ongoing global economic growth pressures and unresolved risks from tariffs and geopolitical conflicts maintain gold's status as a reliable store of value, leading to sustained investment opportunities in gold [1]
机构：持续看好黄金投资机会
Zheng Quan Shi Bao Wang·2025-09-05 01:12