多家机构预期2026年美元资产吸引力减弱金价继续上涨

Group 1 - The core viewpoint of the articles indicates a sustained trend of using gold to hedge against risks associated with dollar-denominated assets, with expectations for gold prices to rise further by 2026 [1] - Analysts from Schroders highlight that the U.S. is facing "policy uncertainty, fiscal fragility, and increasing investor doubts about the long-term role of U.S. Treasuries and the dollar," making gold a preferred choice for asset diversification due to its safe-haven properties and low correlation with traditional assets [1] - Goldman Sachs predicts that by the end of 2026, gold prices will reach approximately $4,900 per ounce, driven by strong structural demand from central bank purchases and cyclical support from potential Federal Reserve rate cuts [1] - JPMorgan forecasts that gold prices could rise to $5,055 per ounce by the fourth quarter of 2026, with potential further increases up to $6,000 per ounce, citing a clear long-term trend of gold accumulation by official reserves and investors [1] - Forbes notes that global trade tensions initiated by the U.S., the rise of "de-dollarization" transactions to avoid dollar depreciation, increased demand for gold from private investors and cryptocurrency funds, and ongoing central bank purchases are significant drivers for the upward movement of gold prices [1] Group 2 - The U.S. dollar index has declined by 9% since the beginning of 2025, potentially marking its worst annual performance in eight years [2] - The market widely anticipates that the new Federal Reserve chair may adopt a dovish monetary policy stance, which could further weaken the dollar and reduce the attractiveness of dollar-denominated assets for investors [2]