全球央行，狂买黄金！最新价格预测

Core Viewpoint - The surge in precious metals, particularly gold, is driven by expectations of Federal Reserve rate cuts and concerns over the U.S. economy due to government shutdowns, with gold prices recently surpassing $4100 per ounce [1][3]. Group 1: Market Dynamics - Gold prices have seen significant increases, breaking the $3000, $4000, and $4100 per ounce thresholds in 2023, indicating a strong bullish trend in the precious metals market [1]. - The expectation of aggressive monetary easing by the Federal Reserve is leading to a decrease in the holding costs of gold, encouraging self-directed traders to invest in gold [3]. - There is a noticeable trend of reallocating funds from U.S. Treasury securities to gold among global central banks, institutional investors, and individual investors [3]. Group 2: Economic Signals - The rising gold prices reflect heightened uncertainty and risk in the market, signaling concerns over the long-term viability of the U.S. dollar and Treasury securities, which have been traditional reserve assets [5]. - Bank of America has raised its gold price forecast to $5000 per ounce and silver to $65 per ounce by 2026, indicating a bullish outlook for precious metals [7]. - Factors such as the expanding U.S. fiscal deficit and rising debt levels are expected to further support gold prices in the coming year [9]. Group 3: Supply and Demand Factors - Silver is anticipated to face a structural supply shortage for the fifth consecutive year, which may support higher silver prices [9]. - Despite the bullish outlook, several banks have noted overbought conditions in both gold and silver markets, suggesting that investors should remain cautious [9].