黃金價格進一步攀升，通貨膨脹轉移商品

黃金已經重新獲得了國際投資市場標準對沖的地位。 3月28日，貴金屬均獲得了新的價格高價

Gold prices rose even further on Tuesday, as hotter-than-expected U.S. inflation numbers pushed futures above the $3,100 level.

週二的黃金價格進一步上漲，因為美國通貨膨脹率高於3,100美元以上的美國通貨膨脹率要高。

By 07:05 ET (11:05 GMT), gold futures due December had risen by 0.6% to $3,096, while spot prices edged up by 0.2% to $3,080.

到07:05 ET（格林尼治標準時間11:05），12月到期的黃金期貨上漲了0.6％，至3,096美元，而現貨價格上漲了0.2％，至3,080美元。

Both instruments touched record highs on Monday, with spot rates hitting $3,086.70 and futures settling above the $3,050 mark.

兩種樂器都在周一觸及了記錄高點，現貨利率達到3,086.70美元，期貨定居於3,050美元以上。

Analysts stated that the inflation figures, which came in slightly higher than anticipated, might have contributed to the perfect conditions for gold to continue its upward trajectory. However, most attributed the ongoing rally to the fundamental factors, highlighting gold's role as a counterparty-free and controlled-risk hedge against various forms of market instability.

分析師指出，通貨膨脹數字略高於預期，可能為黃金繼續其向上軌蹟的理想條件做出了貢獻。但是，大多數人將持續的集會歸因於基本因素，這強調了黃金在各種形式的市場不穩定性上作為無對外和受控風險的對應物的角色。

Peter Grant, vice president and senior metals strategist at Zaner Metals, maintained his view that the fundamentals of gold are driving the market.

Zaner Metals副總裁兼高級金屬策略師彼得·格蘭特（Peter Grant）堅持認為黃金的基本原理正在推動市場。

“It continues to be the safe-haven demand on ramped-up concerns about tariffs, trade, and ongoing geopolitical uncertainty as well,” Grant said.

格蘭特說：“這仍然是對關稅，貿易和正在進行的地緣政治不確定性的加劇的擔憂。”

Economist James Rickards added that the factors driving gold are the same as before.

經濟學家詹姆斯·里卡茲（James Rickards）補充說，驅動黃金的因素與以前相同。

“Drivers: Central bank buying, BRICS accumulation, flat mining output, flight to (non-Treasury note) quality, diversification, and its role as the ‘everything hedge’,” Rickards said.

里卡茲說：“司機：中央銀行的購買，金磚國家的積累，扁平的採礦產量，飛往（非珍藏票據）質量，多元化及其作為“一切對沖”的作用。”

Moreover, Rickards noted that another factor yet to emerge could lead to a steeper rally in gold: greater participation by retail investors, who are currently keeping their distance and observing from the sidelines.

此外，里卡茲（Rickards）指出，尚未出現的另一個因素可能導致黃金中的陡峭集會：散戶投資者的參與更大，他們目前正在保持距離並從場外觀察。

Earlier in March 19, gold reached another all-time high, as spot prices touched $3,057 per troy ounce. The precious metal has set 18 records this year, and many believe it could reach even higher levels depending on the Trump administration's actions regarding tariffs and the ongoing international military conflicts.

3月19日早些時候，金牌又達到了歷史最高水平，因為現貨價格觸及了每盎司3,057美元。貴金屬今年已經創造了18個記錄，許多人認為，根據特朗普政府對關稅和正在進行的國際軍事衝突的行動，它可以達到更高的水平。