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Gold breaks through $3660, multiple factors provide a basis for the rise.
Jin10 data reported on September 15th, during the US trading session, Spot gold rose short-term by 8 dollars, reaching 3660 dollars/ounce. Overall, the current market sentiment still provides strong support for gold. The sluggish US Treasury yields and the overall weakness of the dollar, along with ongoing geopolitical risks, have reinforced the safe-haven demand for gold, allowing it to maintain a favorable position near historical highs and still have room for an upward trend.