Guoxin Securities: The subsequent support for gold remains strong

According to the gold industry commentary from GuoXin Securities, the recent rise in gold prices is mainly driven by expectations of interest rate cuts from the Federal Reserve, geopolitical risks, and a surge in investment demand, marking the entry of the gold market into a new strong cycle. In terms of investment advice, for short-term strategies, focus on event catalysts, particularly the minutes from the October Federal Reserve meeting and U.S. inflation data. In the short term, there may be slight fluctuations above 3800, with specific performance varying according to the data. For medium to long-term allocation, it is recommended to hold 10%-15% of gold assets in the investment portfolio to hedge risks and increase diversification. Preferred targets include gold ETFs, gold mining stocks, and physical gold