This year is the year with the largest increase in gold prices since 1979

The trade tensions caused by tariffs and global economic uncertainties have heightened investors' risk aversion, leading international gold prices to once again surpass the $4,000 per ounce mark on the 10th. This week, international gold prices have accumulated a rise of over 2%. In March of this year, international gold prices first broke through the $3,000 per ounce mark, subsequently entering a consolidation phase. In late August, international gold prices gradually opened up upward space, rising from around $3,300 per ounce all the way to $4,000, an increase of over 20%. Since the beginning of this year, the futures price of the main gold contract on the New York Mercantile Exchange has accumulated a rise of over 51%. The World Gold Council states that so far this year has seen the largest increase in gold prices since 1979