金价疯涨！足金金饰每克涨26元

Core Viewpoint - International gold prices have been rising significantly, reaching historical highs during the National Day holiday, with COMEX gold futures hitting $4000.1 per ounce and spot gold at $3958.71 per ounce, indicating strong market demand and investor interest in gold as a safe-haven asset [1][3]. Group 1: Gold Price Trends - As of October 7, 2023, the price of gold jewelry in China has also increased, with Chow Tai Fook's gold jewelry price rising to 1155 yuan per gram from 1129 yuan per gram, reflecting a 2.3% increase [1][2]. - The demand for investment gold has surged, with reports of gold bars selling out quickly at prices around 877 yuan per gram, while gold coins remain available [3]. Group 2: Market Drivers - The ongoing geopolitical tensions, including the U.S. government shutdown and the Russia-Ukraine conflict, are contributing to the rise in gold prices, as investors seek safe-haven assets amid uncertainty [3][4]. - Analysts from Western Securities suggest that the current expansion of dollar credit cracks may lead to a long-term bull market for gold, similar to historical patterns observed after the collapse of the Bretton Woods system [3][4]. Group 3: Central Bank and ETF Influence - Central banks are expected to continue increasing their gold reserves, with projections indicating an average purchase of 80 tons in 2025 and 70 tons in 2026, which is likely to support gold prices [1][4]. - The increase in ETF holdings is also identified as a key driver of gold demand, with a strong correlation to global interest rate cycles, suggesting that the current bull market may persist until new historical highs are reached [4]. Group 4: Future Outlook - Analysts predict that the Federal Reserve's anticipated interest rate cuts will further support gold prices, as a weaker dollar may lead investors to increase their gold holdings as a hedge [5]. - The ongoing purchasing behavior of global central banks is expected to provide a solid foundation for gold prices, with potential for increased private investment to amplify price movements [5].