黄金还能走高？230多份研报看多

Core Viewpoint - The recent surge in gold prices has reached historical highs, driven by various economic factors, including a weakening dollar and increased demand for safe-haven assets [1][5][6]. Group 1: Gold Price Trends - During the recent National Day and Mid-Autumn Festival holiday, gold prices continued to rise, setting new historical records [1]. - As of October 9, major gold jewelry brands reported high prices, with Chow Tai Fook at 1168 CNY per gram, and others like Chow Sang Sang and Lao Feng Xiang also showing significant values [2][3]. - The year-to-date increase in gold prices has been substantial, with a reported rise of 53.57% [6]. Group 2: Market Analysis and Forecasts - Multiple research institutions have published over a thousand reports on gold this year, with 233 reports released since September, indicating strong institutional interest [3]. - Analysts from Western Securities predict a long-term bull market for gold, citing the ongoing expansion of dollar credit cracks and potential Federal Reserve policy shifts [5]. - High-profile investment banks, such as Goldman Sachs, have raised their gold price forecasts significantly, projecting prices to reach 4900 USD per ounce by December 2026 [6]. Group 3: Central Bank Activities - Emerging market central banks are increasingly adding gold to their reserves, which is a key driver of rising gold prices [7]. - As of the end of September, China's gold reserves increased to 7406 million ounces, marking the 11th consecutive month of accumulation [7].