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according to xinhua news agency in beijing on september 17, the international spot gold price hit a new high during the asian trading session on the 16th.

spot gold prices rose 0.4% to a new high of $2,589.02 per ounce on the day. at the same time, gold futures for december delivery rose 0.1% to $2,613.7 per ounce on the day.

on april 3, a salesperson sorted gold jewelry at a gold shop in qianyuan town, deqing county, huzhou city, zhejiang province. xinhua news agency (photo by ni lifang)

the financial information platform "investment" believes that the rise in gold prices was supported on the one hand by the expectation of a rate cut by the u.s. federal reserve later this week, and on the other hand by the attempted assassination of u.s. republican presidential candidate donald trump on the 15th.

the market widely expects the federal reserve to announce a rate cut on the 18th. however, the market is divided into two camps over whether the rate cut will be 25 basis points or 50 basis points.

trump was hit by an assassination attempt while playing golf in florida on the 15th. trump is fine and the suspect has been detained. this is the second time trump has been hit by an assassination attempt in two months, triggering risk aversion. (bu xiaoming)

editor: xin jing