Recently, international gold prices broke through the important psychological barrier of $4000/ounce, setting a new historical high. Although there was a slight pullback afterward, the overall market remains optimistic.



Multiple factors have jointly driven this wave of increase. First, the risk of a government shutdown faced by the U.S. government has raised concerns about its fiscal condition, enhancing investors' demand for safe-haven assets. Second, the market widely expects that the Federal Reserve may begin to cut interest rates in October, with this expectation exceeding 90%, significantly increasing the attractiveness of interest-free assets like gold. Additionally, the ongoing tensions in the Middle East have also provided extra safe-haven support for gold.

Experts hold a cautiously optimistic attitude towards the future trend of gold. In the short term, if geopolitical risks ease, gold prices may experience a certain degree of adjustment. However, in the long term, $4000 per ounce could become a new starting point for gold prices. In the future, the range of $4100 to $4500 per ounce may become the focus of market attention.

It is worth noting that although gold prices have reached new highs, investors should remain cautious. The fluctuations in gold prices are influenced by various complex factors, including the global economic situation, changes in monetary policy, and geopolitical circumstances. Therefore, investors should comprehensively consider these factors when making decisions and formulate strategies based on their own risk tolerance and investment objectives.

Overall, this significant breakthrough in the gold market presents new opportunities and challenges for investors. Whether seeking a safe haven or pursuing returns, investors need to closely monitor market trends and allocate assets wisely to cope with the various market conditions that may arise.
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NftPhilanthropistvip
· 22h ago
bruh gold is just og nft without the blockchain tbh
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HalfPositionRunnervip
· 10-09 15:36
When will this pullback happen?
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NonFungibleDegenvip
· 10-09 07:54
aping into gold rn... ngmi with fiat anyway ser
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MoneyBurnerSocietyvip
· 10-09 07:49
Big pump is the signal. Watch me do contrary indicator All in short order.
View OriginalReply0
LoneValidatorvip
· 10-09 07:48
Is gold being speculated on again? Let's talk after playing people for suckers.
View OriginalReply0
BearMarketMonkvip
· 10-09 07:46
buy the dip bought the house this is
View OriginalReply0
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