世界黄金协会：从战略层面看，黄金的总体持仓依然处于低位

Core Viewpoint - Gold prices have recently surpassed $4000 and $4100 per ounce, driven by high global geopolitical and political risks, attracting investor interest [1] Group 1: Market Trends - As of October 16, the World Gold Council reported that investors are concerned about gold being in a significantly overbought state, with the potential for low interest rates and the dollar to rebound, which could suppress gold prices [1] - Despite the current price levels, the overall gold holdings remain low from a strategic perspective [1] Group 2: Investment Composition - Retail gold investment accounts for less than 2% of global assets, while central bank gold constitutes less than 30% of total foreign exchange reserves, both figures significantly below the historical highs seen in 1980 [1]