According to CoinMeta, Citibank pointed out that the recent rise in gold has been mainly driven by speculative funds such as futures, with physical demand not keeping up accordingly. The market is awaiting the speech at the Jackson Hole Global Central Banks Meeting. If the Federal Reserve sends hawkish signals, a rebound in the dollar and real interest rates could put pressure on the upward trend of gold. However, if the policy stance is more dovish, there is a chance for gold prices to continue to rise.