Gate.io December 5th, according to the Guangfa Securities research report, looking ahead to 2025, the gold price still has a strong upward driving force. In order of importance, it mainly comes from the following three aspects: 1. The expectation of weakening US dollar purchasing power. The US federal funds rate is currently at an absolute high since 2008, and the market expects that the Fed will continue to cut interest rates in 2025; 2. The safe-haven property may play a role in the breakthrough of the gold price. Military conflicts, political balances, 'black swan' events in the financial market, and natural disasters may lead to a temporary increase in market risk aversion, which is expected to bring significant short-term pump elasticity to the gold price. Although it is difficult to affect the trend of the gold price, it may play a key role in the breakthrough of the gold price; 3. The excellence of assets achieves more excellent assets. With the continuous evolution of 'de-globalization', especially against the background of the US advocating the improvement of the status of vital money, the non-substitutability and indispensability of gold assets are expected to be further enlarged. The excellent attributes of gold assets are expected to have a positive feedback on the gold price.
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Guangfa Securities: Gold price still has strong upward drive
Gate.io December 5th, according to the Guangfa Securities research report, looking ahead to 2025, the gold price still has a strong upward driving force. In order of importance, it mainly comes from the following three aspects: 1. The expectation of weakening US dollar purchasing power. The US federal funds rate is currently at an absolute high since 2008, and the market expects that the Fed will continue to cut interest rates in 2025; 2. The safe-haven property may play a role in the breakthrough of the gold price. Military conflicts, political balances, 'black swan' events in the financial market, and natural disasters may lead to a temporary increase in market risk aversion, which is expected to bring significant short-term pump elasticity to the gold price. Although it is difficult to affect the trend of the gold price, it may play a key role in the breakthrough of the gold price; 3. The excellence of assets achieves more excellent assets. With the continuous evolution of 'de-globalization', especially against the background of the US advocating the improvement of the status of vital money, the non-substitutability and indispensability of gold assets are expected to be further enlarged. The excellent attributes of gold assets are expected to have a positive feedback on the gold price.