The Federal Reserve's internal divisions drive up gold prices, analysts optimistic about gold's prospects.

On July 10, Jin10 reported that the minutes from the Federal Reserve’s June policy meeting showed that officials had differing views on the interest rate outlook, leading to an increase in gold prices. Market analyst Linh Tran stated that if inflation data continues to cool, the possibility of the Federal Reserve cutting rates in September will become more apparent, which could suppress the dollar and pave the way for further rises in gold prices. Meanwhile, trade tensions continue to cast a shadow over the global economic growth outlook, with new tariffs expected to drive inflationary pressures by raising import costs. This situation may strengthen gold’s role in hedging against macroeconomic instability.