Experts say that gold has a rising cycle of more than two years.

Currently, the price of gold is fluctuating at a high level, with investment opportunities and risks coexisting. What will be the trend of gold prices in the coming period? Liang Yonghui, the deputy secretary-general of the Gold and Silver Branch of the China Nonferrous Metals Industry Association, believes that in the short term, the current gold price is fluctuating at a high level. Looking at the medium to long term, there are several factors to consider: first, the Fed's interest rate cut cycle is expected to begin; second, central bank gold purchases will continue; third, the weakening of the US dollar's credibility; and fourth, the expansion of global conflicts. Against this background, the price of gold is expected to continue to rise for more than two years. Industry experts remind consumers to pay attention to investment risks when buying gold. Liang Yonghui suggests that when buying gold, it is preferable to choose banks, state-owned enterprises, gold groups, etc., and to stay away from informal channels as much as possible. For households looking to allocate assets to gold, it is recommended to allocate 30% of the household assets, with a preference for gold bars and jewelry.