黄金、白银，突变！什么情况？

Group 1: Precious Metals Market Overview - Domestic gold prices have started to correct after surpassing the 1,000 yuan mark, with significant declines in both gold and silver futures contracts on October 20 [1] - Last week, London spot gold prices rose by 5.81% to $4,251.448 per ounce, reaching a record high of $4,380.79 per ounce during the week; silver prices increased by 3.46% to $51.861 per ounce, with a peak of $54.468 per ounce [1] - The rapid increase in precious metal prices was attributed to overheated market conditions, which have now adjusted due to easing geopolitical tensions and a softening of trade attitudes from the U.S. [1] Group 2: U.S. Economic Indicators and Federal Reserve Actions - The Federal Reserve's Beige Book indicates that economic activity has shown little change, with mixed reports across various regions regarding growth and consumer spending [2] - There is a growing probability of a 25 basis point rate cut in October and December, with internal disagreements within the Fed regarding the pace of rate cuts [2] - The ongoing government shutdown has led to repeated failures to pass temporary funding bills, contributing to economic uncertainty [2] Group 3: CFTC Holdings and Market Trends - As of September 23, total gold holdings increased by 12,568 contracts to 528,789 contracts, while silver holdings rose by 2,851 contracts to 165,805 contracts [3] - Comex gold inventories decreased by 25.93 tons to 1,216.31 tons, and silver inventories fell by 404.48 tons to 15,845.97 tons [3] - The annual increase in London spot gold prices has reached 62%, suggesting potential for wide fluctuations in the gold market in the latter part of Q4 [3]