Nvidia(US:NVDA) Sou Hu Cai Jing·2025-10-01 19:45Group 1: Stock Market Performance - The US stock market closed strongly on September 30, marking the end of the third quarter, with the Dow Jones and Nvidia both reaching historical highs [1][3] - The Dow Jones Industrial Average closed at 46,397.89 points, up 0.18%, while Nvidia's stock rose 2.6% to $186.58, making it the first company to surpass a market capitalization of $4.5 trillion [1][4] - The S&P 500 index increased by 0.41% to 6,688.46 points, and the Nasdaq Composite rose by 0.3% to 22,660.01 points, with all three major indices closing higher [3] Group 2: Nvidia's Market Impact - Nvidia's stock has surged nearly 40% year-to-date, outperforming all large-cap companies [5] - The strong performance of Nvidia has also driven the Philadelphia Semiconductor Index to a new high, increasing by 0.87% [6] - Nvidia's CEO stated that the company's products account for approximately 70% of new AI data center spending [9] Group 3: Gold Market Dynamics - Gold prices reached a record high of $3,871 per ounce on September 30, before settling around $3,793, with a monthly increase of approximately 10.5% and a quarterly increase of over 15% [2][10] - The price of gold has risen by 45% year-to-date, with significant increases in domestic gold jewelry prices as well [12][13] - Factors driving gold prices include concerns over the US economy, potential interest rate cuts by the Federal Reserve, and geopolitical tensions [14][16] Group 4: Future Predictions for Gold - Analysts are optimistic about gold prices, with Citibank raising its three-month target for gold prices after reaching $3,800 per ounce [18] - UBS predicts that gold prices could reach $3,900 per ounce by mid-2026 [19] - Barclays strategists believe that gold prices are not overvalued compared to the dollar and US Treasury bonds, suggesting a continued interest in gold as a hedge against risks [20]