According to a report by Jinshi Data on August 19, the U.S. (Fortune) magazine website said that as the possibility of the Federal Reserve cutting interest rates continues to increase, the capital market has become more optimistic about the rise in gold.
The U.S. Precious Metals Exchange said that if global geopolitical uncertainty intensifies and global central banks continue to buy gold, the international gold price may reach $3,000 per ounce next year.
According to JPMorgan Chase & Co., central banks around the world bought more than 1,000 tons of gold last year.