中国央行连续13个月增持黄金 国际机构继续看好明年金价

Core Insights - The People's Bank of China increased its gold reserves by 30,000 ounces (approximately 0.93 tons) in November, marking the 13th consecutive month of gold accumulation [1] - Central banks globally added a net total of 53 tons of gold in October, representing a month-on-month increase of 36%, the highest single-month net purchase recorded this year [1] - International gold prices have surpassed historical peaks over 50 times this year, with a cumulative return rate exceeding 60%, making gold one of the best-performing assets globally [1] Market Outlook - The World Gold Council anticipates that gold prices may continue to surprise in 2026, especially if global economic growth slows and interest rates decline further [1] - In a more severe economic downturn characterized by rising global risks, gold is expected to perform strongly [1] - Factors such as declining U.S. Treasury yields, heightened geopolitical risks, and increased demand for safe-haven assets are expected to provide strong support for gold [1] - Current predictions from international investment institutions suggest a target price for gold in 2026 could range between $4,500 and $5,000 per ounce [1]