KCM Trade and SBS Continue to Deepen Partnership as Australia Managing Director Jason Lau Shares Insights on the Gold Market Outlook

On 7 September 2026, KCM Trade Australia Managing Director Jason Lau was invited to an exclusive interview with SBS Cantonese, where he shared his professional insights on gold price trends, global central bank gold reserves, and the outlook for the precious metals market (listen to the full interview). The interview further highlights KCM Trade’s ongoing efforts to promote trading education and strengthen its brand presence through professional market insights.

Central Banks Increase Gold Holdings as Long-Term Demand Remains in Focus

Addressing market discussions around ambitious forecasts for gold prices, Jason noted that reaching extremely high price targets would likely require a combination of factors, including global de-dollarisation, significant currency depreciation, institutional portfolio reallocation, and a systemic crisis. Given the need for multiple factors to align, such price levels are unlikely to be reached in the short term.

However, central banks around the world continue to increase their gold reserves, indicating that geopolitical risks and asset security are playing a an increasingly important role in allocation decisions. This ongoing accumulation provides continued support for long-term demand for gold.

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Gold and Silver Show Diverging Characteristics, Highlighting the Importance of Risk Tolerance

Discussing the precious metals market, Jason noted that both gold and silver continue to have upward potential, although their volatility profiles differ. As the silver market is relatively smaller, its price movements tend to be more pronounced. Gold, by comparison, is generally more stable and offers stronger defensive characteristics.

Traders should therefore consider their individual risk tolerance and take a rational approach to changing market conditions.