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贵金属价格高位大幅波动 机构提醒投资者须警惕市场风险
Shang Hai Zheng Quan Bao·2025-10-22 10:50

Core Viewpoint - International precious metal prices have experienced significant fluctuations this week, with gold prices dropping from a historical high of $4,381 per ounce to around $4,000, and silver prices plummeting by 7% on October 21 [1] Group 1: Market Dynamics - The Shanghai Futures Exchange has adjusted the trading margin ratios and price fluctuation limits for gold and silver futures, with limits set at 14% and margin ratios at 15% for hedging and 16% for general positions [1] - The recent price adjustments in precious metals are attributed to several factors, including a reduction in global geopolitical risks and a shift of silver inventories from the US and China to the London market, alleviating physical silver shortages [1] Group 2: Investor Guidance - Analysts recommend that investors exercise caution due to increased market volatility and avoid blind speculation, emphasizing the importance of risk management [2] - It is suggested that the long-term upward trend in precious metal prices remains intact, but the rapid price increase since late August may be coming to an end, advising investors to focus on long-term allocations rather than short-term trading [2]