逆势上涨！继续狂飙！网友：真的老后悔了

Core Viewpoint - The global financial market experienced significant turmoil, with gold prices rising as a safe-haven asset amidst investor panic, reaching $4017.845 per ounce, a 1.05% increase, marking a return to recent highs [1][4]. Market Reaction - On November 11, the term "GoldPrice" topped the trending list on Weibo, reflecting a growing public interest and regret among consumers about not investing in gold earlier [3]. - The recent surge in gold prices has led to a decline in retail gold sales, as consumers are hesitant to purchase due to fears of buying at peak prices [5]. Consumer Behavior - Despite the increase in gold prices, retail sales in gold shops have decreased, particularly during the National Day and Mid-Autumn Festival periods, as consumers are more cautious and engaged in price comparisons [5]. - A representative from a major gold sales group indicated that rising gold prices negatively impact gold consumption but positively affect investment gold products and gold recycling businesses [6]. Industry Insights - Data from the China Gold Association shows a projected decline in national gold consumption by 3.54% year-on-year in the first half of 2025, with a significant drop in gold jewelry consumption by 26%, while gold bars and coins are expected to see a 23.69% increase [6]. - Barclays' global research chairman noted that the rise in gold prices reflects increasing distrust in the global financial and monetary systems, typically indicating economic instability or market collapse [8]. Future Outlook - Analysts suggest that if the Federal Reserve continues to lower interest rates and geopolitical tensions persist, gold prices may continue to rise, with predictions of fluctuations between $3800 and $4100 per ounce for the year [9]. - Some investment banks, including UBS and Citibank, maintain a bullish long-term outlook for gold, with potential prices reaching $4200 and even challenging $5000 by 2026, respectively [9].