Core Viewpoint - The article emphasizes the increasing value of gold as a safe-haven asset amid a changing global economic landscape, driven by macroeconomic trends and the weakening U.S. dollar, making gold allocation a key focus for investors seeking stable asset growth [1]. Group 1: U.S. Macroeconomic Data Resonance - The strong performance of gold assets is supported by a resonance effect from various U.S. economic indicators, including a cooling labor market and weak consumer confidence, which signal a slowdown in economic growth [4]. - Recent data shows initial jobless claims rising to 214,000, indicating increased unemployment pressure, while ADP reported a decrease of 32,000 jobs in the private sector [4]. - The unexpected decline in inflation has eliminated the necessity for the Federal Reserve to maintain high interest rates, reinforcing market consensus on the continuation of a loose monetary policy [6]. Group 2: Value Surge of Gold Assets - The short-term benefits from macroeconomic data resonance are driving a significant increase in gold demand as funds shift from risk assets to gold and related derivatives [7]. - In the long term, geopolitical tensions and economic uncertainties provide a solid foundation for gold's value, with central banks increasing gold purchases to diversify foreign exchange reserves [7]. - In Q3 2025, global central banks net purchased 220 tons of gold, a 28% increase from Q2, indicating a sustained interest in gold despite high prices [7]. Group 3: Structural Changes in Gold Pricing Logic - The importance of gold's monetary attributes is rising as the global monetary credit system faces challenges, positioning gold as a key tool for hedging against currency credit risks [10]. - Gold ETFs are highlighted as an ideal investment vehicle for ordinary investors, offering low costs, high liquidity, and flexible trading options to capitalize on the current surge in gold value [10]. - Gold's core attributes, such as inflation resistance and geopolitical risk hedging, combined with global monetary easing and central bank purchases, establish it as a cornerstone for asset allocation [11].