刚刚！金价又跳水！

Group 1 - The core viewpoint of the articles indicates a significant decline in gold prices, with spot gold dropping by $20 to below $3160 per ounce, marking a 2.56% decrease on May 16 [1] - On the same day, the price of gold jewelry fell below 1000 yuan per gram, reflecting a broader trend in the gold market [2] - Factors contributing to the decline in gold prices include progress in US-China tariff negotiations, a decrease in geopolitical tensions, and a failure to maintain the psychological support level of $3200 per ounce, leading to increased technical selling pressure [4] Group 2 - The US April CPI data showed moderate performance, which cooled market expectations for significant interest rate cuts by the Federal Reserve, resulting in a stronger dollar that further pressured gold prices [5] - Citigroup has revised its gold price outlook, lowering the three-month target from $3500 to $3150 per ounce, a reduction of 10%, citing easing tariff concerns as a key reason for the price adjustment [5] - Citigroup's analysts predict that gold prices will oscillate between $3000 and $3300 per ounce in the near term, indicating a more rational volatility in the current complex market environment [5]