Fidelity International stated that by the end of next year, as the Federal Reserve lowers interest rates to cushion the US economy, the depreciation of the US dollar, and central banks around the world continue to increase their gold holdings, the price of gold may reach $4000 per ounce. Cross-asset fund manager Ian Samson remains bullish on gold, with some of his cross-asset investment portfolios recently increasing their gold holdings. Samson stated that the reason for doing so is that we have seen a more gentle and clearer path from the Federal Reserve. Another reason is that August is usually a slightly weak time in the market, so it makes sense to diversify more.