<p>&#34;The bull market for gold will only end when the current new technological revolution, represented by artificial intelligence, drives up real interest rates.&#34; &#34;In the long run, gold prices will inevitably return to a regular pattern, and volatility will also decrease, but we believe that in the next three to five years, there will still be a high price window for gold,&#34; said Duan Lei, Executive President of ZHAOJIN MINING, at the 2025 China Mining Conference &#34;Zijin Forum - Gold Mining in Transformation&#34; on October 24</p>

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<p>"The bull market for gold will only end when the current new technological revolution, represented by artificial intelligence, drives up real interest rates." "In the long run, gold prices will inevitably return to a regular pattern, and volatility will also decrease, but we believe that in the next three to five years, there will still be a high price window for gold." On October 24th, during the 2025 China Mining Conference "Zijin Forum - Gold Mining in Transformation," ZHAOJIN MINING Executive President Duan Lei stated</p>

招金矿业执行总裁段磊：高价黄金还会维持 3 到 5 年