黄金白银价格均冲高回落后反弹，“长牛逻辑”被撼动了？

Group 1 - The core viewpoint of the articles highlights the volatility and recent trends in gold and silver prices, with gold experiencing a significant rise and then a pullback, while silver has also seen dramatic fluctuations [2][4][8] - On October 9, gold prices fell below $4000, with a decline of 1.7%, while silver briefly surpassed $50 before retreating over 5.6% [2][4] - The recent surge in gold prices is attributed to factors such as the U.S. government shutdown and geopolitical tensions, which have increased demand for safe-haven assets [4][7] Group 2 - Analysts predict that gold prices could reach $4200 per ounce in the coming months, driven by economic uncertainty and geopolitical changes [7] - The demand for silver is influenced by both its financial attributes and industrial applications, particularly in sectors like electronics and renewable energy [8][10] - The silver market is more volatile than gold due to its smaller market size, making it susceptible to sharp price movements [9][10] Group 3 - The Cboe gold volatility index (GVZ) has risen to recent highs, indicating potential pauses or adjustments in gold prices [6] - The World Gold Council reported that central banks are expected to purchase a total of 415 tons of gold by mid-2025, supporting gold prices [6] - Silver has seen a year-to-date increase of over 67%, marking the largest gain since 1979, outpacing gold's increase of approximately 54% during the same period [9][10]