[CITIC Securities: The Fed's Rate Cut Cycle Expected to Continue, Injecting New Momentum into Gold Prices] CITIC Securities released a research report stating that, with U.S. inflation easing and the labor market resilience weakening, expectations for Fed rate cuts in the second half of the year are rising. The decline in nominal and real interest rates driven by rate cuts will inject new momentum into the rise of gold prices. (Cailian Press)