World Gold Council: Unprecedented enthusiasm for gold investment in April, with factors such as insurance funds entering providing long-term stable support for gold prices.

According to the Wisdom Financial APP, the World Gold Council released the April report on the Chinese gold market, and gold investment enthusiasm soared that month. The price of gold in London's afternoon trading session (LBMA), priced in US dollars, rose by 6%, achieving the strongest April increase since 2011; while the Shanghai afternoon trading session's benchmark gold price (SHAUPM), priced in Chinese yuan, rose by 6.9%, achieving the highest April return in nearly 19 years. The main factors driving the gold price in April include: a weakening US dollar, increasing geopolitical and economic uncertainties, and strong inflows of gold ETFs. In the long term, with its stable performance, the continued presence of global economic and geopolitical risks, and the entry of Chinese insurance funds, gold investment demand will receive further solid support.