According to Jin10 Data, Zijin Mining said at its 2024 semi-annual performance briefing that the expectation of interest rate cuts and geopolitical struggles, coupled with uncertainties such as the political election year, have boosted global demand for risk aversion. The company believes that the upward momentum of gold is still strong. In the short term, gold prices are expected to remain volatile at a high level due to the Fed's expectation of interest rate cuts and geopolitical events.