The Zhitong Finance App learned that the World Gold Council published an article stating that in August, the price of gold rose strongly by 13% and closed at 4,536 US dollars/ounce at the end of the month, achieving the third-best monthly performance in the past 25 years, which is only slightly lower than 14% in December 2025. The Association's gold price attribution model shows that the rise in gold prices is mainly driven by a significant increase in investors' long positions, including strong net inflows of global gold ETFs and improvements in long positions in derivatives. The weakening dollar during the month also provided support. Since September, although the momentum of gold prices has weakened due to expectations of the Federal Reserve's interest rate hike, gold performance has gradually stabilized after the downturn was realized.

The Zhitong Finance App learned that the World Gold Council published an article stating that in August, the price of gold rose strongly by 13% and closed at 4,536 US dollars/ounce at the end of the month, achieving the third-best monthly performance in the past 25 years, which is only slightly lower than 14% in December 2025. The Association's gold price attribution model shows that the rise in gold prices is mainly driven by a significant increase in investors' long positions, including strong net inflows of global gold ETFs and improvements in long positions in derivatives. The weakening dollar during the month also provided support. Since September, although the momentum of gold prices has weakened due to expectations of the Federal Reserve's interest rate hike, gold performance has gradually stabilized after the downturn was realized.