关税，突发！黄金，快速下挫！

Market Performance - On October 17, U.S. stock indices closed higher, with the Dow Jones Industrial Average up 0.52% at 46,190.61 points, the S&P 500 up 0.53% at 6,664.01 points, and the Nasdaq up 0.52% at 22,679.97 points. For the week, the Dow rose 1.56%, the S&P 500 increased by 1.7%, and the Nasdaq gained 2.14% [1] - The Nasdaq China Golden Dragon Index initially dropped over 1.3% but later rebounded, closing down 0.14% for the day and up 1.83% for the week [1] Gold Market - On October 17, international gold prices fell sharply, with spot gold dropping below $4,200 per ounce, a decline of over 3%. By the end of trading, spot gold was down 1.73% at $4,251.448 per ounce, while COMEX gold fell 0.85% to $4,267.9 per ounce. Spot silver decreased by 4.21% to $51.861 per ounce, and COMEX silver dropped 5.01% to $50.625 per ounce [6][7] - The decline in gold prices led to significant losses in U.S. gold stocks, with Kinross Gold down over 9% and Barrick Gold down more than 6% [7] - Factors contributing to the drop in gold prices included President Trump's more conciliatory remarks on trade issues and ongoing assessments of the Russia-Ukraine conflict, which reduced the demand for gold as a safe-haven asset [7][9] Economic Outlook - The White House's economic advisor, Kevin Hassett, expressed confidence that trade tensions are easing, which has improved market sentiment. He noted that the regional bank crisis's impact has also subsided, alleviating market fears [5] - The Federal Reserve's upcoming meeting is expected to result in a 25 basis point cut to the federal funds rate target range of 4% to 4.25%, aimed at boosting the weak job market while maintaining sufficient tightening to ensure inflation returns to the 2% target [13] - There is a general expectation that the Fed will lower rates again by the end of the year, although officials emphasize the need for caution in their decision-making [13]