Gold continues to break historical highs, with a clear path for the bull market

Spot gold stands firm at $4,525/ounce, with a year-to-date increase of over 72%, breaking records for the 50th time this year; futures gold peaked at $4,555, while domestic gold jewelry prices broke 1,411 yuan/gram, with the momentum of the bull market unstoppable.

The surge in gold prices this time is fundamentally supported by three major logics. First, the strong expectation of the Federal Reserve lowering interest rates, with low rates reducing the holding cost of gold, and the weakening dollar further boosting gold price valuations, while institutional ETFs continue to increase their holdings as a safety net. Second, the instability of geopolitical situations combined with a wave of central bank gold purchases has led to heightened demand for safe-haven assets, with central banks around the world significantly increasing their reserves, making gold the strongest ballast. Third, the upgrading demand for global asset allocation, with gold's properties of anti-inflation and stable fluctuations becoming a necessity, as both individuals and institutions increase their positions to drive the bullish market. 🐶p u p p i e s 🐶$DOGE $ETH $BNB

Gold repeatedly breaking new highs reflects the resonance between the macro environment and market supply and demand, as well as a microcosm of the restructuring of global asset logic, with the resilience of the bull market still continuing. #黄金市场巨变 #黄金 #ETH走势分析 大家来交流一下