黄金站上3800美元！年内37次创新高 多家珠宝店节前涨价

Core Insights - Gold prices have reached a historic high of $3,800 per ounce, marking a cumulative increase of 45% this year, the largest annual gain since 1979 [1] - The upcoming National Day holiday in China is expected to boost gold consumption, prompting several jewelry brands to raise their prices [1] Gold Price Trends - The international gold price has surpassed 1,100 yuan per gram for domestic brands, with major jewelry brands like Chow Tai Fook and Chow Sang Sang announcing price increases [3][4] - Chow Tai Fook plans to raise its "one-price" gold product prices starting in October, with potential increases of 30% to 40% for popular items [3] - Other brands, including Chow Sang Sang and Bao Lan, are also adjusting their prices, with increases ranging from 100 to 500 yuan depending on the product [4] Market Dynamics - SPDR has significantly increased its gold holdings, with a total of 1,005.72 tons as of late September, reflecting a strong inflow of capital into the gold market [5] - Bank of America reported a record inflow of $17.6 billion into the gold market over the past four weeks, indicating heightened investor interest [5][6] Future Outlook - Analysts from Deutsche Bank have raised their gold price forecast for 2026 to $4,000 per ounce, while Barclays suggests that gold is not overvalued compared to the dollar and U.S. Treasury bonds [8] - The decline of the dollar by 9.7% since the beginning of 2025 has contributed to the rising value of gold, as concerns over the Federal Reserve's independence and trade war prospects persist [8]