Expectations of US interest rate cuts drive gold prices to break through $2100/ounce
According to relevant reports, expectations of a U.S. interest rate cut have driven the price of gold to break through $2100 per ounce. On one hand, considering the returns and risks of various asset categories, consumer demand for gold investment products has increased; on the other hand, consumer demand for gold jewelry products will continue, as confirmed by sales during the Spring Festival period. The leading companies in the gold jewelry industry are still maintaining their pace of channel expansion, and corporate governance reforms are expected to continue stimulating business vitality.
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