金价，彻底沸了！

Core Viewpoint - International gold prices have reached new highs, driven by investor demand and expectations of further interest rate cuts by the Federal Reserve [1][2][3]. Group 1: Gold Price Trends - As of September 23, 2023, COMEX gold futures peaked at $3,824.60 per ounce, closing at $3,796.9, marking a 0.42% increase [1]. - Since September, international gold prices have risen approximately 9%, with a year-to-date increase exceeding 40% [2]. - Domestic gold jewelry prices in China have also surged, with prices reaching 1,100 yuan per gram for certain brands [2]. Group 2: Federal Reserve Influence - Federal Reserve Chairman Jerome Powell indicated increased risks in the job market, which influenced the decision to lower interest rates [2]. - More than half of the Federal Reserve officials anticipate at least two more rate cuts this year, suggesting potential actions in October and December [2]. Group 3: Future Outlook for Gold Prices - JPMorgan's latest report predicts that spot gold prices could exceed $4,000 per ounce by Q1 2026, with potential for prices to reach $5,000 if investor sentiment shifts significantly [3]. - Goldman Sachs maintains a target price of $3,700 per ounce by the end of 2025 and $4,000 by mid-2026, noting that a shift of just 1% of individual investors' holdings from U.S. Treasuries to gold could push prices close to $5,000 per ounce [3].