国际金价4200美元只是起点？专家：后市看高至4400美元

Core Viewpoint - The international gold price is experiencing a significant upward trend, primarily driven by market risk sentiment and expectations of interest rate cuts by the Federal Reserve, alongside ongoing geopolitical tensions in the Russia-Ukraine conflict [1] Group 1: Market Dynamics - As of December 1, spot gold rose by 0.38% to $4239.22 per ounce, with an intraday high of $4256.55 per ounce [1] - The volatility in market risk sentiment is a key factor influencing gold prices, with the expectation of a Federal Reserve interest rate cut being a dominant driver [1] Group 2: Geopolitical Factors - The unresolved situation in Ukraine continues to sustain market risk aversion, contributing to the demand for gold as a safe-haven asset [1] Group 3: Central Bank Behavior - Global central bank gold purchases are crucial to monitor, especially in December, which is a key settlement period; such purchases are seen as effective means to stabilize foreign exchange and financial markets, providing upward momentum for gold prices [1] Group 4: Investment Strategy - While some investment banks hold an optimistic outlook on future gold price increases, individual investors are advised to remain cautious, focusing on the resilience and sustainability of price levels above $4200 per ounce, with potential targets of $4300 and $4400 per ounce [1] - Investors are encouraged to maintain flexibility in their investment strategies, with small amounts of capital suggesting options like paper gold and bank-stored gold for asset allocation [1]