黄金“猛回头”，是插曲还是拐点？丨每日研选

Core Viewpoint - Recent fluctuations in international gold prices have raised questions about whether the current downturn is a temporary adjustment or indicative of a fundamental shift in the market dynamics [1] Group 1: Market Analysis - The recent sharp decline in gold prices is attributed to potential geopolitical changes and emotional market corrections following a period of rapid price increases [2] - Gold's long-term stability is supported by ongoing global economic unilateralism and the unchanged fundamental logic of dollar credit depreciation, suggesting a positive long-term outlook for gold prices [2] - Short-term price movements may lead to a consolidation phase, with caution advised for short-term investors [3] Group 2: Investment Strategies - Despite recent price drops, the macroeconomic environment and potential trends in the overseas spot market indicate that gold and silver prices still have room for growth, although some consolidation time is necessary [4] - The prevailing bullish sentiment towards precious metals remains, with expectations that the current upward trend in gold and silver prices is not yet over, despite potential short-term risks [5] - Ongoing purchases of gold by central banks and concerns over the U.S. job market may support precious metal prices in the medium to long term [6]