深夜，黄金白银突然下跌！

Core Viewpoint - The recent decline in spot gold prices has continued, dropping below $4200 per ounce with a decrease of over 3% [1] Group 1: Market Performance - On October 17, international gold and silver prices experienced significant declines, with London spot gold falling below $4220 per ounce, showing a daily drop of over 2% [1] - London spot silver also fell below $52 per ounce, with a daily decline exceeding 4% [1] - COMEX gold futures prices dropped to a low of $4226 per ounce, while COMEX silver futures fell over 5%, reaching around $50 per ounce [4] Group 2: Institutional Insights - HSBC recently indicated that gold remains supported by strong investor sentiment and ongoing diversification by official institutions, predicting that structural and macro factors will drive gold prices upward until 2026 [7] - However, HSBC warned that if the Federal Reserve's rate cuts are fewer than market expectations, the upward trajectory of gold may face resistance [7] - Longcheng Futures noted that the combination of macroeconomic easing expectations, risk aversion, and capital inflows has driven gold prices to show a volatile upward trend, but cautioned against technical pullbacks due to profit-taking [7] - Guojin Futures highlighted that the easing of geopolitical tensions and profit-taking by some long positions could lead to significant price corrections in precious metals after recent sharp increases [7] Group 3: Broader Market Context - The U.S. stock market showed a slight rebound on October 17, with the Dow Jones up 0.22% to 46053.43 points, the Nasdaq up 0.07% to 22579.42 points, and the S&P 500 up 0.11% to 6636.43 points [7]