According to Jinshi, institutional analyst Adam Button said that the US CPI report opened the door for the Federal Reserve to cut interest rates again, leading to a round of widespread dollar selling. Therefore, it is not surprising that gold prices have been sought after. Today, gold prices rose by more than $30 to an intraday high of $2,390, which was the highest record at the close of April. If we can close above this level and then close above $2,400, then gold can easily catch up with the record high. Further confirmation of future signals will come from whether the US dollar will usher in more selling.