He Tairui, chief strategy officer of the World Gold Council, said that even in an environment where gold prices are high, it is difficult for mining companies to achieve rapid expansion in a short period of time because there are not enough high-quality resources in the market that can be quickly developed and utilized. The World Gold Council predicts that the global gold mineral supply will only grow moderately by about 1% over the next 12 months. After experiencing a sharp rise and fall at the beginning of this year, international gold prices have rebounded rapidly recently. At one point, they hit the 4,700 US dollar per ounce mark, hitting a new high in nearly three months.

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