Sou Hu Cai Jing·2025-12-11 02:43Group 1 - Gold stocks showed strong performance in the morning session, with Shanjin International rising over 7%, and Zijin Mining, Zhongjin Gold, and Chifeng Jilong Gold each increasing by over 3% [1] - Related gold ETFs experienced a broad increase of over 2% due to market influences [1] Group 2 - The Federal Reserve announced on December 10 that it would lower the federal funds rate target range by 25 basis points to between 3.5% and 3.75%. This marks the third rate cut of the year, following reductions on September 17 and October 29, each by 25 basis points [2] - In the short term, the Fed's decision to open the rate cut channel is expected to drive up the valuation center for gold [2] - In the long term, factors such as geopolitical risks, trends of de-globalization, and the weakening of the dollar's credit system are reinforcing the allocation value of gold [2]