Svmuu News: The World Gold Council notes that the significant gap between current confidence in the economic outlook and uncertainty surrounding economic policies is one of the key reasons why gold has been the top-performing asset over the past year and continues to perform well so far this year. Although some may worry that gold is overbought and that it might be difficult to find buyers willing to make small-scale investments, from a strategic perspective, gold holdings remain relatively low. Currently, the core issue facing investors is how to reasonably allocate their portfolios between market certainty and policy uncertainty. Indeed, investors can and should recognize the monetary and fundamental factors driving the market higher—especially with more easing measures expected in 2026. However, overvaluation and persistent macroeconomic risks warrant caution, underscoring the necessity of a diversified portfolio. As geopolitical and U.S. policy shifts continue to influence asset allocation, we believe the focus should be on high-quality assets, such as gold. (Jin Shi)