China continues to buy #黄金 , which has become the core underlying force behind the steady gold prices. 🧐

And this is not just lip service; it’s 14 consecutive months of actively increasing gold holdings.
This is not emotion,
This is action.
Recently, I also did something quite “stupid,” but very useful:
I read through all the latest research reports on gold from top investment banks like Goldman Sachs, JPMorgan Chase, Morgan Stanley, Bank of America, and UBS.
Honestly,
After all these years,
Situations like this—
where the viewpoints are highly aligned—
are really rare.
Their conclusions are also very straightforward:
👉 This round of gold price increase is far from over.
👉 And it’s not a “maybe,”
👉 but a high-probability event.
Just look at their target prices to see how aggressive they are 👇

🏦 JPMorgan Chase is the most aggressive:
👉 End of 2026: $5055/oz
👉 Long-term even sees $5400–$6000

🏦 Goldman Sachs:
👉 Target: $4900

🏦 Bank of America:
👉 Set directly at $5000

🏦 UBS (relatively restrained):
👉 2026 target range: $4500–$5000
👉 Optimistic scenario: $5400

🏦 Morgan Stanley (generally cautious):
👉 Also gave a target of $4800

This is no longer just one institution “bullish,”
but—
a collective consensus pointing in the same direction.
Why are they so consistent?
To summarize,
there are three main themes 👇:
1️⃣ US interest rate cut cycle
As rates go down,
interest-free assets become more attractive.
2️⃣ Long-term dollar weakness
Gold, in essence, is a hedge against fiat currency credit.
3️⃣ Geopolitical uncertainties
Conflicts, sanctions, de-dollarization,
all push funds into “non-credit assets.”
And China’s continuous gold purchases
perfectly reflect these three logical factors,
all translating into real buying pressure.
So now, the question is less about:
“Should we be bullish on gold?”
and more about:
👉 Are you willing to accept that gold is being re-priced?
Fellow fans,
what do you think? 🧐
How far do you think this gold rally can go?