基金经理：对黄金的中长期配置价值维持乐观

Core Viewpoint - The long-term allocation value of gold is viewed optimistically by the manager of Huaan Gold ETF, with a focus on the potential impact of future Federal Reserve interest rate cuts and the sustainability of U.S. debt levels [1] Group 1: Federal Reserve Interest Rate Cuts - The market anticipates two interest rate cuts by the end of the year, which could further benefit gold if cuts exceed expectations [1] - The independence of the Federal Reserve and the pace of U.S. debt issuance are critical factors to monitor [1] Group 2: U.S. Debt and Deficit Concerns - Current levels of U.S. debt and deficits are considered excessively high, raising questions about the long-term sustainability of U.S. Treasury bonds [1] - Concerns over former President Trump's interference in the Federal Reserve's rate-cutting actions have sparked global worries, potentially undermining the credibility of the U.S. dollar and influencing gold pricing [1]