Zhongou Fund Director Ren Fei: Remains optimistic about the long-term trend of gold.

Recently, the gold price has been fluctuating, and Ren Fei, the fund manager of the China-Europe Fund, stated that he remains optimistic about the long-term trend of gold. First of all, the US-Iran conflict has gradually turned into a stalemate, and it is difficult for the United States and its allies to fully conquer Iran. In the end, they may still be stuck in a cycle of fighting and negotiating, unable to demonstrate the dominance of the United States as the hegemon of the Middle East, further accumulating debt and affecting their own credit during this process; secondly, it may be difficult for the United States to choose to raise interest rates amidst rising and lowering interest rates. They may even have to lower interest rates to ease the burden of government debt interest payments and support AI construction, making it difficult to tighten monetary policy.