国新证券：黄金后续支撑力仍足

Core Viewpoint - The recent rise in gold prices is driven by expectations of Federal Reserve interest rate cuts, geopolitical risks, and a surge in investment demand, indicating the start of a new strong cycle in the gold market [1] Summary by Relevant Categories Market Drivers - The increase in gold prices is primarily influenced by the anticipation of interest rate cuts by the Federal Reserve [1] - Geopolitical risks are contributing to the upward pressure on gold prices [1] - There is a significant increase in investment demand for gold [1] Investment Strategy - Short-term strategies should focus on event catalysts, particularly the upcoming Federal Reserve meeting minutes and U.S. inflation data [1] - A potential rebound in the Consumer Price Index (CPI) that exceeds expectations could lead to market volatility [1]