Core Viewpoint - Gold prices have reached a record high of $3,749.27 per ounce, driven by increased investor interest in gold ETFs following a cautious stance from Federal Reserve Chairman Jerome Powell and ongoing geopolitical tensions [1] Group 1: Market Dynamics - Following a brief decline after the Fed's 25 basis point rate cut, a new upward momentum for gold has emerged, largely due to significant inflows into gold ETFs, marking the fastest increase in holdings in over three years [1] - The cautious tone from Powell has led the market to reassess its expectations, contributing to the renewed interest in gold as a safe-haven asset [1] Group 2: Future Outlook - Analysts from BMO Capital Markets suggest that the risk-reward profile for gold prices remains positive as the rate cut cycle is firmly established, indicating potential for further price increases in the fourth quarter [1] - Major investment banks, including Goldman Sachs, anticipate that gold prices will continue to rise, supported by central banks increasing their gold reserves and persistent geopolitical uncertainties driving demand for safe-haven assets [1]
金价再创新高，分析师：ETF资金流入成主要推动力
Sou Hu Cai Jing·2025-09-23 00:37