Gold price hits new highs, with net profits of many gold companies doubling in the first half of the year.

The market is worried that the independence of the Federal Reserve is being challenged, leading to an increase in risk aversion among investors, and international gold prices rose by 2.86% last week. Throughout August, international gold prices have accumulated a growth of over 5%, achieving the best monthly performance since April of this year. On September 1st, the price of COMEX gold futures soared to a high of $3,557.1 per ounce intraday, reaching an all-time high. Several institutions have actively raised their outlook for gold prices, with most institutions believing that reaching $4,000 per ounce next year is not a dream. As gold prices continue to reach new highs, the performance of upstream gold mining companies is also showing across-the-board growth, with many companies doubling their net profits.