世界黄金协会资深市场分析师Louise Street：配置黄金的战略价值依然稳固

Core Insights - The World Gold Council's report indicates that global gold demand reached a record high of 1,313 tons in Q3 2025, with a total value of $146 billion [1] - Investment demand for gold surged to 537 tons, marking a 47% year-on-year increase and accounting for 55% of total net demand in Q3 [1] - Factors driving this growth include geopolitical uncertainties, a weakening US dollar, and rising gold prices, which have triggered a "fear of missing out" (FOMO) among investors [1] Investment Demand - Investment demand for gold in Q3 2025 was 537 tons, a significant increase of 47% compared to the previous year [1] - This demand constituted 55% of the total gold net demand for the quarter, highlighting a strong shift towards gold as a safe-haven asset [1] Market Outlook - The outlook for the gold market remains optimistic due to the ongoing weakness of the US dollar, expectations of widespread interest rate cuts, and the presence of stagflation risks [1] - Current market conditions suggest that gold prices may continue to rise, with the market not yet saturated and the strategic value of gold allocation remaining robust [1]