黄金白银价格突遇重挫，金价日跌幅创2013年以来之最

Core Insights - On October 21, gold and silver prices experienced significant declines, with gold spot prices dropping by 6.3%, marking the largest single-day drop since April 2013, and silver spot prices falling by 8.7%, the largest drop since 2021. This decline was attributed to investor concerns over a potential bubble in precious metal prices, prompting them to sell to lock in profits [1][3]. Group 1: Market Reactions - The recent surge in gold and silver prices was largely driven by investor speculation that the Federal Reserve would implement a significant rate cut before the end of the year, alongside concerns over the U.S. budget deficit impacting financial markets [1][3]. - Following the price drop, Citigroup downgraded its rating on gold, citing concerns over high positions in the market. Analysts from Citigroup's commodity research team expect gold prices to stabilize around $4,000 per ounce in the coming weeks [3]. Group 2: Future Price Predictions - A representative from MKS Pamp SA indicated that current gold and silver prices are approaching "good entry points," with short-term gold prices expected to fluctuate between $4,000 and $4,500 per ounce, and silver prices between $45 and $50 per ounce [3]. - Bloomberg noted that rising global tensions have renewed demand for safe-haven assets, which may influence future price movements in precious metals [3].