According to the CITIC Construction Investment Research Report, COMEX gold once again broke the historical price record after stepping back on the $3,000 integer mark. The main short-term price driver was strong safe-haven demand spawned by Trump's erratic tariff policy, and the uncertainty of Trump's policy supports the price of gold. Furthermore, the Federal Reserve is in the middle of a cycle of cutting interest rates, and long-term inflation remains high, and the downward trend in real interest rates has injected new impetus into the price of gold. More importantly, the global economy is moving from cooperation to confrontation, and central banks around the world continue to buy money to endorse the local currency. Multiple factors are driving the upward trend in gold prices, and gold stocks are about to recover.

According to the CITIC Construction Investment Research Report, COMEX gold once again broke the historical price record after stepping back on the $3,000 integer mark. The main short-term price driver was strong safe-haven demand spawned by Trump's erratic tariff policy, and the uncertainty of Trump's policy supports the price of gold. Furthermore, the Federal Reserve is in the middle of a cycle of cutting interest rates, and long-term inflation remains high, and the downward trend in real interest rates has injected new impetus into the price of gold. More importantly, the global economy is moving from cooperation to confrontation, and central banks around the world continue to buy money to endorse the local currency. Multiple factors are driving the upward trend in gold prices, and gold stocks are about to recover.