Core Viewpoint - International gold prices have recently reached historical highs, but have experienced a pullback due to concerns over an overheated market, dropping to around $4,000 per ounce [1][3]. Group 1: Price Movements - On October 22, the London spot gold price approached $4,000 per ounce, and by October 23, it was around $4,090 per ounce [3]. - Gold prices have increased approximately 55% this year, supported by market expectations of a Federal Reserve interest rate cut by at least 0.25% before the end of the year [3]. Group 2: Market Analysis - Analysts suggest that the recent decline in gold prices is a technical correction rather than a fundamental shift, as prices remain above $4,000 [3]. - Profit-taking by investors is identified as a significant reason for the recent drop in gold prices [3]. - The decline in precious metal prices may reflect profit-taking and a reduction in safe-haven flows, rather than movements in U.S. Treasury yields [4]. Group 3: Investor Sentiment - Long-term investors and hedge funds, such as Crescat Capital, view the recent pullback as a healthy correction, indicating that the factors driving gold prices higher are still in place [3]. - Continued macroeconomic uncertainty and low U.S. Treasury yields are expected to provide potential support for gold prices [4].
国际金价连续第三天高位回落 获利了结或是重要推手
Zhong Guo Xin Wen Wang·2025-10-23 02:13