On the recent crazy surge in gold

I believe everyone has seen it recently. Gold has risen from over 4,000 (international gold price per ounce) to 5,100, with hardly any pullbacks along the way. It’s been soaring high. Why is this happening? Personally, I think first and foremost, our Eastern Big Bank has issued continuous purchase statements, and gold is indeed an important strategic material. Our country is doing a great job in this regard. Thumbs up for the motherland.
Secondly, the recent tensions between the US and Iran, as well as issues like tariffs, Japan’s interest rate hikes, and another point I feel is very important is the US debt problem. The US currently holds the largest amount of gold. In my opinion, when gold prices go up, the US can take this opportunity to offset national debt interest.
For future gold trends, I suggest continuing to observe. Entering the market at this time is highly not recommended. However, buying physical gold for storage is completely fine.
“The following are only personal opinions. If there are any mistakes, welcome to point out and comment. If you don’t like it, please don’t criticize.”$XAUT ‌#美联储利率决议临近