CICC: The current gold bull market may not be over yet, and it is possible that it will break through $5,000 next year.

Unless the Federal Reserve completely ends its easing cycle or the US economy re-enters a strong recovery phase characterized by declining inflation and rising growth, the medium-term upward trend for gold will remain intact. If the current trend continues, the possibility of gold prices breaking through $5,000 per ounce next year cannot be ruled out.