---
title: "CITIC Prudential: The recent rise in gold may indeed reflect an amplification of investor sentiment, so there is also the possibility of a \"profit-taking\" scenario after the Federal Reserve's interest rate cut is implemented"
description: "CITIC Prudential Fund Manager Gu Fanding pointed out that the recent rise in gold prices may be due to amplified investor sentiment, and there may be a situation of \"profit-taking\" in the future. He m"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/257222021.md"
published_at: "2025-09-14T04:09:02.000Z"
---

# CITIC Prudential: The recent rise in gold may indeed reflect an amplification of investor sentiment, so there is also the possibility of a "profit-taking" scenario after the Federal Reserve's interest rate cut is implemented

> CITIC Prudential Fund Manager Gu Fanding pointed out that the recent rise in gold prices may be due to amplified investor sentiment, and there may be a situation of "profit-taking" in the future. He mentioned three signals worth paying attention to: 1. The Federal Reserve's interest rate cuts have a significant impact on the market; if there is no rate cut in September, gold may be sold in the short term; 2. If the U.S. economy performs better than expected, it may reduce the allocation to gold; 3. If the technical support level is broken, it may trigger selling pressure. Investors are advised to pay attention to these key market information

According to Gu Fan Ding, the fund manager of CITIC Prudential Global Commodity Theme Fund, the prices of any financial asset operate in fluctuations, and excessive rises or falls usually trigger adjustments. Regarding gold, the recent increase may indeed reflect an amplification of investor sentiment, so there is also the possibility of a "profit-taking" scenario after the Federal Reserve's interest rate cut is realized. For investors, there are three signals worth paying attention to. First, the Federal Reserve's interest rate cut will have a significant impact on the capital market; if there is no rate cut in September or if the stance is hawkish, short-term event traders may concentrate on selling gold. Second, if the resilience of the U.S. economy exceeds expectations, market risk appetite may increase, leading to a reduction in allocations to safe-haven assets like gold. Third, from a technical perspective, if it breaks below the support level, it may trigger more selling pressure. He stated that for ordinary investors, there is no need to monitor the market every day, but it is advisable to pay attention to market information at these key points and prepare in advance

### Related Stocks

- [07299.HK - FL2CSOPGOLD](https://longbridge.com/en/quote/07299.HK.md)
- [GLD.US - SPDR Gold Shares](https://longbridge.com/en/quote/GLD.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Life After Goldmageddon – Boring Is The New Up | ChillingOur base case for gold, outlined recently, remains that the shiny metal needs to consolidate after the huge run- | [Link](https://longbridge.com/en/news/276062495.md) |
| Midwest Gold Approved Issuance Of Equity Shares Worth 2 Billion Rupees | Midwest Gold Ltd :APPROVED ISSUANCE OF EQUITY SHARES WORTH 2 BILLION RUPEES | [Link](https://longbridge.com/en/news/276340819.md) |
| Zijin Gold Unit Renews Gold Sales Arrangement with Kyrgyzstan-based Gold Producer | Zijin Gold Unit Renews Gold Sales Arrangement with Kyrgyzstan-based Gold Producer | [Link](https://longbridge.com/en/news/276427417.md) |
| Gold & Silver Look to Snap a Two Day Losing Streak | Gold & Silver Look to Snap a Two Day Losing Streak | [Link](https://longbridge.com/en/news/276245673.md) |
| Ongwe Minerals commences drill program on its gold exploration projects in Namibia | Ongwe Minerals commences drill program on its gold exploration projects in Namibia | [Link](https://longbridge.com/en/news/276227648.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.