业内提醒防范黄金短期波动风险

Core Viewpoint - The prices of international gold and silver have reached historical highs but are currently experiencing a pullback, indicating short-term volatility risks in the precious metals market [1] Group 1: Price Movements - As of October 17, gold prices peaked at $4,380.79 per ounce before dropping below $4,300, while silver reached a high of $54.468 per ounce, with a decline exceeding 1% [1] Group 2: Driving Factors - The recent surge in precious metal prices is driven by multiple factors, including: - The expectation of interest rate cuts by the Federal Reserve, which weakens the dollar index and lowers real interest rates, enhancing the appeal of gold as a non-yielding asset [1] - Heightened geopolitical risks that sustain high levels of risk aversion, providing crucial support for gold prices [1] - Continuous inflows from official reserves and institutional funds, establishing a solid demand foundation for precious metals [1]