Lates News

Recently, the gold market has shown strong performance, and CICC has released multiple research reports analyzing the trend of gold prices and investment prospects. The reports point out that factors such as escalating geopolitical tensions in the Middle East, Moody's downgrade of the US sovereign credit rating, and increased safe-haven sentiment have pushed up the price of gold, with COMEX gold futures breaking above $3350 per ounce, with a year-to-date increase of over 27%. The teams have provided different perspectives on gold investment, including options VIX indicators suggesting downside risks for gold, China being in the first stage of the Kondratiev cycle recommending overweighting gold, and optimizing gold multi-dimensional timing and systematic investment strategies. In addition, the reports also discuss the impact of factors such as tariff negotiations, safe-haven demand, and inflation expectations on gold prices, as well as the expectation of incremental funds from insurance funds piloting gold investments. Overall, CICC is optimistic about the prospect of gold investment and believes that gold is likely to continue to strengthen.