According to Jinshi.com, industry insiders said that the current round of international gold price increases was mainly driven by the Fed's monetary policy expectations. Although the interest rate cut expectations have been repeatedly postponed, the Fed's general direction of cutting interest rates is certain, and the market will continue to "preempt" the interest rate cut expectations. In addition, considering the election, the US government will continue to increase capital expenditures to maintain high economic growth, and historical experience shows that there is a good synchronization between gold prices and the US fiscal deficit. It is expected that there will still be room for gold prices to rise in the future.