In mid-August, international gold prices continued to rise and hit a three-month high of 4696.74 US dollars per US ounce. Market analysis points out that the current round of gold price fluctuations is closely related to changes in multiple factors such as rising US debt risk and global investment expectations. According to data released by the US Treasury Department, as of August 18, the total outstanding public debt of the US federal government had exceeded 40 trillion US dollars. The agency predicts that in 2027, US debt may approach the statutory debt limit of 41.1 trillion US dollars, and long-term treasury yields will continue to be under upward pressure. Market concerns about US fiscal prospects, US debt credit, and the stability of US dollar assets continue to rise. At the same time, central banks in many countries continued to increase their gold holdings, which also supported the price of gold.

In mid-August, international gold prices continued to rise and hit a three-month high of 4696.74 US dollars per US ounce. Market analysis points out that the current round of gold price fluctuations is closely related to changes in multiple factors such as rising US debt risk and global investment expectations. According to data released by the US Treasury Department, as of August 18, the total outstanding public debt of the US federal government had exceeded 40 trillion US dollars. The agency predicts that in 2027, US debt may approach the statutory debt limit of 41.1 trillion US dollars, and long-term treasury yields will continue to be under upward pressure. Market concerns about US fiscal prospects, US debt credit, and the stability of US dollar assets continue to rise. At the same time, central banks in many countries continued to increase their gold holdings, which also supported the price of gold.