投行：金价大跌只是短期超卖，未来还有上涨空间

Core Viewpoint - The recent sharp decline in spot gold prices, which fell by 6.3% on October 21, is seen as a temporary setback, with strong underlying supply and demand dynamics expected to support future price increases [1] Group 1: Market Analysis - Lombard Odier's global forex strategist and investment strategy head indicate that despite the short-term overbought conditions in gold, the fundamental supply-demand momentum remains strong [1] - The report highlights that central banks are likely to create a higher price floor for gold, driven by concerns over U.S. financial sanctions, escalating geopolitical risks, and unpredictable tariff policies from the Trump administration [1] Group 2: Future Projections - The overall economic and geopolitical uncertainties are expected to continue to favor increased demand for gold [1] - Lombard Odier has raised its 12-month gold price target from $3,900 per ounce to $4,600 per ounce, reflecting a bullish outlook on gold prices [1]