Group 1 - International gold prices have risen, with spot gold increasing by 1.15% to $3586 per ounce, reaching a new high, and briefly surpassing $3600 per ounce [1][2] - COMEX gold futures rose by 0.92%, reaching $3639.8 per ounce [1] - The price of gold jewelry has also increased, with some brands pricing above 1050 yuan per gram [3][4] Group 2 - The recent rise in gold prices is driven by three core factors: geopolitical risks increasing demand for safe-haven assets, rising inflation leading to a need for asset preservation, and the weakening of the dollar's status as a key currency [5][6][7][8] - The U.S. non-farm payroll data released on September 5 showed a significant miss against expectations, with only 22,000 jobs added in August, leading to increased expectations for a rate cut by the Federal Reserve [4] Group 3 - Retail demand for gold remains strong, with reports of significant purchases, including a customer buying over 200,000 yuan worth of gold bars [9] - Sales staff at jewelry stores indicate that current prices may rise further, suggesting that consumers should consider purchasing now [9] - Analysts recommend including gold in asset allocation strategies, suggesting a long-term investment approach with a recommended allocation of 5% to 20% [10]

Group 1 - The core viewpoint indicates that gold is experiencing a stable upward trend despite weak national risk aversion and a lack of significant decline in the US dollar index, suggesting the entry of long-term funds for non-speculative purposes [1] - The historical highest point for gold is $3499 (London gold), and if the current upward trend can reach a new high, the probability of long-term funds entering the market is high [1] - The potential for a technical rebound exists if the upward movement stops near the resistance level of $3438, which has been the range since April 22 [1] Group 2 - The US dollar index has been in a sideways trend since July 1, with an upper limit of 100.23 and a lower limit of 96.34, indicating a medium price range [2] - A potential interest rate cut by the Federal Reserve in September could lead to a significant decline in the dollar index, but current market conditions have not yet reacted to this possibility [2] - The recent movements of the dollar index have a weak influence on gold prices [2] Group 3 - From a technical perspective, the medium to long-term trend for gold remains oscillatory, with a converging structure [4] - An effective breakout is indicated if the closing price remains above the upper trend line after being breached on the 27th [4] - A warning signal will arise if a future candlestick closes below the upward trend line, indicating potential resistance and a pullback [4]