Recently, the Federal Reserve's interest rate hike has come to fruition, and international gold prices have rebounded after the initial fluctuation and adjustment. On September 17, spot gold prices rose 1.82%; on September 18, gold continued its upward trend. As of press release, spot gold prices rose 1.04% to 4,383.35 US dollars/ounce. Due to the intertwining of interest rate expectations and allocation requirements, the subsequent trend of gold became the focus of market attention. Analysts believe that the impact of the Fed's interest rate hike itself is limited, and the subsequent trend of gold depends on the relative strength of the US economic overheating narrative and the unsustainable debt narrative. In the medium to long term, the core logic of weakening credit in the US dollar driving the upward trend of gold prices has not changed.

Recently, the Federal Reserve's interest rate hike has come to fruition, and international gold prices have rebounded after the initial fluctuation and adjustment. On September 17, spot gold prices rose 1.82%; on September 18, gold continued its upward trend. As of press release, spot gold prices rose 1.04% to 4,383.35 US dollars/ounce. Due to the intertwining of interest rate expectations and allocation requirements, the subsequent trend of gold became the focus of market attention. Analysts believe that the impact of the Fed's interest rate hike itself is limited, and the subsequent trend of gold depends on the relative strength of the US economic overheating narrative and the unsustainable debt narrative. In the medium to long term, the core logic of weakening credit in the US dollar driving the upward trend of gold prices has not changed.