Lu Zhengwei: Gold Offers Trend Opportunities, Remains in Bull Market Channel

Deep News15:36

At the "Forecast 2026: Li Daokui's New Year Economic Forum" held on February 2, Lu Zhengwei, Chief Economist of Industrial Bank Co., Ltd., stated that gold still presents a trend-based opportunity. The most significant reason is that, amidst the great changes unseen in a century, US dollar reserves can be frozen by the US and the West at critical moments. Consequently, for all countries that are uneasy about the United States, the only consensus that can be reached at present is on gold. There is an old saying that gold is the currency issued by God. Before a new consensus is reached on reserve assets, gold, on the whole, remains within a bull market channel.

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