为何此时金银携手“狂飙”？

Core Viewpoint - The article highlights the significant rise in gold prices, with London spot gold surpassing $4,410 per ounce, marking a nearly 68% increase for the year, driven by both traditional factors and new dynamics in the market [2][3]. Group 1: Factors Driving Gold Prices - The surge in gold prices is attributed to a combination of heightened demand for safe-haven assets due to geopolitical tensions and expectations of interest rate cuts by the Federal Reserve [4][5]. - Analysts note that the weakening trend in U.S. economic data and concerns over the fiscal situation and independence of the Federal Reserve have contributed to the rising gold prices [4][5]. - The ongoing trend of central banks purchasing gold and the de-dollarization efforts have not changed, providing a stable demand for gold [4][5]. Group 2: Performance of Precious Metals - The entire precious metals sector, including silver and platinum, has shown strong performance, with silver prices reaching $69 per ounce, reflecting a nearly 139% increase this year [6][7]. - Platinum prices have also surged, exceeding $2,000 per ounce for the first time since 2008, with a year-to-date increase of over 120% [6][7]. - The price increases are seen as a result of a broader market response to global macroeconomic shifts and industrial demand, rather than solely driven by safe-haven buying [6][7]. Group 3: Future Outlook for Precious Metals - Industry experts maintain a bullish outlook on gold prices, with projections suggesting a target of $4,900 per ounce by December 2026 [8]. - The demand for precious metals is expected to remain strong due to ongoing central bank purchases, geopolitical risks, and concerns over global debt issues, which are seen as structural problems that will not be resolved quickly [9]. - The article emphasizes that the long-term logic for rising gold prices remains intact, supported by continued monetary easing and significant net purchases by central banks [8][9].