TechFlow, October 14 — According to Jinshi Data, WS Group's Global Chief Investment Officer Vincenzo Vida stated that a major driver behind this round of gold price increases is the market's expectation of further rate cuts by the Federal Reserve, which has enhanced gold's appeal relative to fixed-income assets. Recently, gold prices broke through the $4,000 per ounce mark for the first time, rising over 50% year-to-date. Silver has also surged significantly, outperforming gold this year. However, if conditions change—such as inflation failing to slow as expected—gold prices could face downward pressure.
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