深夜，暴跌！黄金急速跳水，发生了什么？

Core Viewpoint - The recent sharp decline in gold and silver prices is attributed to profit-taking, easing global trade tensions, and a stronger US dollar, which has made precious metals more expensive for buyers [1][2][3] Price Movements - On October 16, gold prices surged nearly 3% to over $4300 per ounce, while silver rose over 2% to above $54 per ounce, both reaching historical highs [2] - On October 21, gold prices fell over 5%, dropping below $4130 per ounce, and silver prices fell nearly 8%, dropping below $49 per ounce [1][2] - As of October 21, gold was reported at $4124 per ounce, down 5.30%, and silver at $48.33 per ounce, down 7.74% [2] Market Analysis - Analysts suggest that the recent price drop is due to profit-taking and a reduction in safe-haven demand as trade tensions ease and the US government shutdown appears to be resolving [2][3] - The cumulative increase in gold prices since the beginning of the year is over 57%, while silver has increased over 67% [3] Future Outlook - Analysts from WisdomTree and UBS believe that while gold prices may continue to rise, the current pace is aggressive, leading to potential pullbacks [4] - HSBC forecasts that gold's upward momentum could last until 2026, driven by strong central bank purchases and ongoing fiscal concerns in the US, with a target price of $5000 per ounce [5] - Long-term bullish sentiment on gold remains intact, with concerns over US debt sustainability and the weakening of the dollar being key factors [5][6]