黄金疯牛高攀不起，投资者：犹豫半刻就掉队

Core Viewpoint - International gold prices have reached new highs, with futures and spot prices hitting $4,190 and $4,179 per ounce respectively, reflecting a significant upward trend since September, where gold has increased over 19% and silver by 23% [2][7]. Market Performance - The recent trading week saw gold prices surge again after a brief pause, indicating strong market momentum [1]. - Investors are experiencing a mix of fear of missing out (FOMO) and hesitation, complicating their investment decisions as they navigate the volatile market [3][5]. Investor Behavior - There is a notable trend of increased buying interest among investors, with over a million accessing gold investment products on platforms like Ant Financial on October 14 [6]. - The psychological impact of rising prices leads many investors to buy more as prices increase, despite warnings about potential volatility and risks associated with high price levels [5][6]. Institutional Outlook - Major financial institutions remain bullish on gold, with Bank of America raising its 2026 gold price target to $5,000 per ounce, indicating a potential 22% upside from current levels [7]. - Goldman Sachs has also adjusted its 2026 gold price forecast upwards, reflecting strong demand from Western ETFs and central banks [7]. Risk Factors - Despite the bullish sentiment, analysts caution that the rapid price increases may lead to profit-taking and potential price corrections in the short term [9][10]. - The precious metals market is showing signs of being overbought, with technical indicators suggesting a possible downturn [9].