As the price of gold is fiercely battling at 4000 US dollars, Fudao International has said: "Without fiscal discipline, the bull market in gold will not die", and is currently looking to overweight again at the right time.

According to the financial news app Zhitong Caijing, against the background of the United States launching a new round of military strikes against Iran and the continuous surge in international oil prices, the gold market is fiercely contesting around the psychological level of $4,000 per ounce. On one side, large institutions such as Fidelity International are planning to increase their holdings of gold again based on the lack of fiscal discipline and continuous gold purchases by central banks; on the other side, inflation and interest rate hike concerns triggered by high energy prices continue to pressure interest-free assets such as gold.