2 1 Shi Ji Jing Ji Bao Dao·2025-12-23 04:16Group 1 - The core point of the article is the significant rise in gold prices, with spot gold reaching a historical high of $4,497.75 per ounce on December 23, driven by international market dynamics [1][4]. - Domestic gold jewelry prices have also seen notable increases, with brands like Chow Sang Sang and Lao Miao Gold surpassing 1,400 yuan per gram, reflecting daily increases of 36 yuan and 35 yuan respectively [1][2]. - The strong performance of gold prices in 2023 is attributed to multiple factors, including ongoing central bank gold purchases, geopolitical risks, and market adjustments related to the Federal Reserve's interest rate policies [3][4]. Group 2 - Goldman Sachs projects that gold prices will rise to $4,900 per ounce by December 2026, supported by structural demand from central banks and cyclical support from Federal Reserve rate cuts [4]. - The surge in precious metals has positively impacted several stocks, with eight gold-related stocks in the A-share market showing over 100% gains this year [5][6]. - Notably, nine gold concept stocks in the A-share market have price-to-earnings ratios below 30, indicating potential investment opportunities [5][6].