刚刚！见证历史，再创新高！

Core Viewpoint - The article highlights a significant milestone in the financial market with spot gold prices surpassing $5000 per ounce for the first time, reaching a peak of $5031 per ounce, driven by geopolitical uncertainties and a declining US dollar [2][4]. Group 1: Gold and Silver Market Performance - Spot gold has reached $5028.25 per ounce with a daily increase of 0.8%, while spot silver has also hit a new high at $104.76 per ounce, showing a rise of over 1% [2]. - In the past week, the US dollar index experienced its worst performance since June 2025, dropping nearly 2%, while gold recorded its best weekly performance in nearly six years with an increase of 8.4%, and silver surged by 14.4% [3][4]. Group 2: Geopolitical and Economic Factors - The decline of the US dollar is attributed to rising political risk concerns regarding American assets, particularly following the Greenland crisis, prompting discussions in Germany about repatriating gold reserves stored in the US [4][5]. - European institutional investors are increasingly wary of US assets, leading to a "passive de-risking" process, with significant capital movements away from the US market [5]. Group 3: Future Outlook for Gold Prices - Goldman Sachs has raised its year-end gold price target from $4900 to $5400 per ounce, citing increasing demand from private investors and central banks [6]. - Analysts predict that gold prices may rise further in 2026 due to expectations of Federal Reserve rate cuts, instability in the US dollar, and ongoing geopolitical uncertainties [6][7]. - UBS maintains a $5000 per ounce annual target for gold, suggesting that prices could reach $5400 if geopolitical conflicts escalate [8].