Gold has hit new highs again. On January 12, London spot gold traded at $4,553.23 per ounce, while domestic gold T+D broke through the 1,005 yuan/gram mark, and branded gold jewelry soared to around 1,410 yuan/gram. In less than two weeks into the year, gains have already exceeded 9%, making this rally quite impressive.
Breaking it down, three forces are driving this surge. The Fed rate-cut expectations haven't faded, global central banks continue accumulating gold in the market, and geopolitical tensions keep spiking up. These three factors combined are pushing gold prices to successive new highs.
Major institutions are singing the same tune—JPMorgan Chase and UBS are both calling for $5,000, with some even mentioning $5,400 in extreme scenarios. But we need to be clear about the risks: short-term pullback pressure has indeed emerged around the $4,550 level, and regulators are starting to step in to cool things down.
For the medium to long term, consider allocating to gold ETFs or directly investing in gold ingots at low points. Reserve 5%-10% of household assets as a hedge against risk. This epic bull market rally offers opportunities, but don't forget about risk management while capitalizing on them.
Gold has hit new highs again. On January 12, London spot gold traded at $4,553.23 per ounce, while domestic gold T+D broke through the 1,005 yuan/gram mark, and branded gold jewelry soared to around 1,410 yuan/gram. In less than two weeks into the year, gains have already exceeded 9%, making this rally quite impressive.
Breaking it down, three forces are driving this surge. The Fed rate-cut expectations haven't faded, global central banks continue accumulating gold in the market, and geopolitical tensions keep spiking up. These three factors combined are pushing gold prices to successive new highs.
Major institutions are singing the same tune—JPMorgan Chase and UBS are both calling for $5,000, with some even mentioning $5,400 in extreme scenarios. But we need to be clear about the risks: short-term pullback pressure has indeed emerged around the $4,550 level, and regulators are starting to step in to cool things down.
For the medium to long term, consider allocating to gold ETFs or directly investing in gold ingots at low points. Reserve 5%-10% of household assets as a hedge against risk. This epic bull market rally offers opportunities, but don't forget about risk management while capitalizing on them.