TechFlow news, November 4 — West China Securities Research Institute reported that in the long term, the U.S. government shutdown continues. A second 25BP rate cut has been implemented; although December rate cut expectations have been suppressed, overall rate cut outlook is gradually becoming clearer. Ongoing geopolitical conflicts and the accelerated trend of "de-dollarization" worldwide are jointly driving central banks and investors to continuously purchase gold. Global concerns over monetary policy and debt have made gold benefit from loose debt and monetary conditions, supporting positive outlook for future gold prices. Rising gold prices have enhanced earnings expectations for gold resource stocks. Currently, valuations of gold equities remain low, presenting an opportunity worth watching for portfolio allocation. (Jinshi)
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