避险需求提升，金价止跌反弹，短期底部或确认

Core Viewpoint - The article highlights the rebound in gold prices due to increased safe-haven demand stemming from heightened tensions in US-Russia relations and uncertainties in US fiscal policy [1] Group 1: Market Reactions - As of the market close, COMEX gold futures rose by 1.91% to $4143.2 per ounce, while the gold ETF Huaxia fell by 1.19% and gold stock ETFs decreased by 0.28% [1] - The postponement of a US-Russia meeting by Trump and the EU's formal approval of the 19th round of sanctions against Russia have contributed to the support of safe-haven sentiment [1] Group 2: Analysis and Forecast - According to CITIC Futures, after a gradual slowdown in the decline, precious metal prices experienced a slight rebound, with the US government shutdown continuing and overseas data remaining sparse [1] - The short-term bottom for precious metals may be confirmed, with expectations of entering a phase of oscillation and adjustment [1] - Key focus areas for the month include the performance of the US-China meeting around the APEC conference and the Federal Reserve's monetary policy, personnel changes, and geopolitical conflicts in the fourth quarter [1] - The long-term bullish trend for precious metals remains intact, with the contraction of US dollar credit being a core foundation, leading to an ongoing increase in the value of physical currency [1]