According to CoinMeta, based on early monitoring of in, international gold prices have returned above $4,300 per ounce, reaching a new high since early July. In July, the number of jobs in the United States increased by 44,000, which led the market to lower expectations for the Federal Reserve to tighten policies, resulting in a decline in U.S. Treasury yields and the dollar. The Bank of Korea resumed gold purchases for the first time in 13 years. Data from the World Gold Council shows that central banks around the world bought a net 288.9 tons of gold in the second quarter of 2026. China's gold ETF saw a net inflow for 14 consecutive trading days, and the gold price on the Shanghai Gold Exchange exhibited a premium over London gold. Deutsche Bank maintains a target price of $4,600 by the end of 2026, while UBS expects it to rise to $4,600 by the end of the year and challenge $5,000 in 2027. Citibank and Dow Jones Investment expect gold to have room for growth in the medium to long term.