Recently, the financial market has been changing rapidly, and the global economic situation faces many uncertainties. Analysts generally believe that in the near future, the trend of gold prices will be influenced by two key factors.

First of all, the U.S. non-farm payroll data for August, to be released on September 5, is highly anticipated. If the data shows that the job market remains weak, it could increase the likelihood of the Federal Reserve taking action to cut interest rates at its September meeting. This will have a significant impact on the dollar exchange rate, which in turn will affect the pricing of gold.

Secondly, the development of the global trade situation is also a focal point of close market attention. If trade disputes escalate further, it could trigger a series of retaliatory tariff measures, which would not only exacerbate the risk of economic growth slowdown but may also lead to rising inflationary pressures, creating what is known as "stagflation."

Amid the increasing economic uncertainty, frequent geopolitical conflicts, and rising policy risks across various countries, the appeal of gold as a safe-haven asset is continuously growing. The cumulative effect of multiple factors is pushing the gold market toward a new historic stage.

Some analysts even predict that gold prices may break through the $3,400 mark in the future. However, this prediction should be treated with caution, as the trend of gold prices will also depend on the specific developments in the global economic situation and the policy orientations of central banks in various countries.

In any case, in the current complex and volatile international economic environment, investors need to closely monitor various economic indicators and policy trends in order to timely adjust their investment strategies to cope with potential market fluctuations.