Analysis: If the Fed's interest rate cut expectations fall through, gold prices may come under pressure.

On October 14, Vincenzo Vida, the Chief Investment Officer of WS Group, stated that one of the main driving forces behind the recent rise in gold is the market's expectation of further interest rate cuts by the Fed, which enhances gold's appeal relative to fixed income assets. Recently, gold prices first broke through the $4000 per ounce mark, with a year-to-date increase of over 50%. Silver has also surged significantly, outperforming gold this year. However, if the situation changes, such as inflation not slowing down as expected, gold prices may face pressure. ( Jin10 )

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