According to Odaily Planet Daily, Vincenzo Vida, Global Chief Investment Officer of WS Group, stated that a major driver of gold's recent rally is market expectations of further Federal Reserve rate cuts, which has increased its appeal relative to fixed-income assets. Gold prices recently broke through $4,000 per ounce for the first time, marking a year-to-date increase of over 50%. Silver has also seen significant gains, even outperforming gold this year. However, if circumstances change, such as inflation failing to slow as expected, gold prices could face pressure. (Jinshi)