In 2024, driven by ongoing geopolitical conflicts, interest rate cuts by the Federal Reserve, and continuous Gold purchases by Global central banks, the international Gold price started at $2072.7 per ounce and began a rising trend after hitting a year-low of $1996.4 per ounce on February 14. A set of data provided by the World Gold Council to reporters shows that this year, the international Gold price has broken historical records 40 times, and the total Gold demand surpassed $100 billion for the first time in the third quarter. Many industry experts interviewed by reporters expect that the international Gold price will display a trend of rising first, then falling in 2025. JPMorgan stated that although the international Gold price might fluctuate in the short term due to weakened expectations for interest rate cuts in the USA, the structural bull market remains unchanged in the long term, with the international Gold price expected to reach $3000 per ounce by the end of 2025. (Securities Daily)
国际金价年内已40次打破历史纪录 2025年机构看涨至每盎司3000美元
The international Gold price has broken historical records 40 times this year, with Institutions expecting it to rise to $3,000 per ounce by 2025.
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