Industry insiders: Gold is at the beginning of a new cycle.

Last week, the international gold price hit a new high again, driving the gold stock market to continue to strengthen. At the same time, the scale of gold ETFs has also been rising rapidly this year. With the increasing uncertainty in the global macro environment, the allocation value of gold is constantly strengthening. Funds are rapidly entering the market through ETFs and other tools, not only driving the continuous expansion of related products, but also gradually extending the "trend" to the industry chain related fields. Industry insiders believe that against the backdrop of de-dollarization and central bank gold buying frenzy, the strategic position of gold is becoming increasingly prominent. Coupled with expectations of interest rate cuts and high debt risks, gold is at the start of a new cycle, further releasing the function of long-term safe-haven assets.