Institution: Gold continues to be supported by multiple factors, raising the 12-month target price.

Jin10 data September 11 news, Lombard Odier stated that gold prices may continue to receive support for the remainder of 2025. Forex strategist Kiran Kowshik and investment strategy head Luca Bindelli pointed out in a report that the backdrop of gold hitting a historical high is a narrative of increasing market risks, including inflation concerns, rising government debt, and a slowing U.S. economy. Since April, speculative Positions have decreased, and with demand rising while supply remains constrained, gold prices are expected to be further pushed higher. They added that ETF fund flows have always been an important influencing factor for gold, especially in Asia. If there are signs of a rebound in fund flow momentum, gold prices may rise further. Lombard Odier raised its 12-month gold price target to $3900/ounce.