深夜突发，金价崩了！网友惊呼：我刚买啊

Core Viewpoint - The gold and silver markets experienced a significant crash on October 21, with gold prices dropping sharply by over 6% and silver prices also declining substantially, attributed mainly to profit-taking by investors [1][3][5]. Gold Market Summary - As of the report, spot gold fell to $4,112.37 per ounce, a decrease of 5.58%, while COMEX futures were down 4.92% at $4,145 per ounce [1][2]. - The price of gold had previously reached a high of $4,342 per ounce before the drop, indicating a loss of over $240 in just seven hours [1][2]. - Analysts suggest that the recent surge in gold prices was driven by factors such as the Federal Reserve's interest rate cuts and geopolitical tensions, which have now been reflected in asset prices, leading to a correction [8]. Silver Market Summary - The silver market mirrored the gold market's decline, with London silver prices reported at $48.18 per ounce, down 8.02% [3][4]. - COMEX silver futures also saw a significant drop of 7.69%, trading at $47.44 per ounce [4]. Market Analysis - The decline in precious metals is attributed to profit-taking by investors following a period of rapid price increases, as well as a reduction in safe-haven fund flows [6][8]. - Market analysts believe that as long as the Federal Reserve maintains its current interest rate path, any pullback in gold prices will be viewed as a buying opportunity, especially if upcoming economic data does not show unexpected inflation [8]. - The volatility in gold trading has reached high levels, indicating potential risks of overtrading in the short term [8].