Core Viewpoint - Recent significant fluctuations in gold and silver prices have been observed, with gold prices dropping below $4,200 per ounce and silver prices experiencing their largest decline in over six months [1][2]. Price Movements - As of October 18, 2023, COMEX gold futures and London spot gold prices fell below $4,300 per ounce, with declines of 0.85% and 1.73% respectively [2]. - COMEX silver futures dropped over 5%, while London spot silver prices fell more than 4%, marking the largest drop in over six months [2]. Domestic Market Impact - Domestic gold jewelry prices have also decreased, with notable reductions such as a drop of 28 RMB per gram for Lao Miao gold jewelry, now priced at 1,262 RMB per gram [4]. - Other brands like Chow Sang Sang also adjusted their prices downward, reflecting the international market trends [4]. Consumer Behavior - Consumers are becoming more cautious in their purchasing decisions due to the volatility in gold prices, with reports of delayed shipments and order cancellations from gold retailers [8][10]. - A significant increase in gold recycling has been noted, as consumers opt to convert their gold holdings into jewelry amid rising prices [11]. Market Predictions - Analysts from major banks predict that gold prices may strengthen in the future, with forecasts suggesting prices could reach $5,000 per ounce by 2026 [7]. - Standard Chartered Bank has raised its average gold price forecast for next year to $4,488 per ounce, while Goldman Sachs has adjusted its December 2026 forecast from $4,300 to $4,900 per ounce [7]. Risk Management - The Shanghai Gold Exchange and several banks have issued risk warnings regarding the recent volatility in precious metal prices, advising investors to manage their exposure and investment strategies carefully [12].
金价、银价突然跳水!国内品牌金饰克价一夜大跌28元,网友急了:我刚买就跌
Sou Hu Cai Jing·2025-10-18 12:47