局势不好，金价必定会一路狂飙，结果不仅没涨反而开始跌了

Group 1 - The recent decline in gold prices is surprising given the prevailing global uncertainties, which typically drive investors towards gold as a safe haven asset [1][3] - Despite expectations for gold prices to rise above $2000 per ounce following the Federal Reserve's continued interest rate hikes, market sentiment has shifted, leading to a decrease in gold demand [3][5] - Investors are increasingly favoring higher returns from U.S. Treasury bonds, especially as the 10-year Treasury yield surpasses 3.5%, resulting in a significant outflow of funds from the gold market [5][7] Group 2 - The easing of pandemic restrictions in domestic markets has led to a recovery in economic activity and consumer confidence, prompting investors to shift their focus towards equities, particularly in high-risk sectors like technology and renewable energy [5][7] - The current performance of the gold market reflects a change in investor perception of risk, as gold is losing its appeal when market sentiment favors stocks and bonds [7] - The lack of a significant crisis has contributed to gold being perceived as less attractive, raising questions about whether investors are overly reliant on the expectation of rising gold prices while neglecting deeper market dynamics [7]