According to Jinshi, the World Gold Council recently said that gold prices may be driven up by unstable growth prospects and high inflation. Both factors open the door to event risks. In recent months, inflation and economic growth have risen several times in a row. The initial expectation that the Federal Reserve would cut interest rates seven times in 2024 has now been cut to one, and even this expectation has been postponed. At the same time, gold prices have broken through historical highs many times. Central bank demand and investor demand (especially in East Asia), as well as continued geopolitical premiums, have helped gold withstand the challenges posed by the current investment environment.