Core Insights - The precious metals market experienced a significant downturn on October 21, with gold and silver prices dropping sharply, marking the largest single-day decline since April 2013 [2][4] - The decline was characterized as a "technical correction" by market experts, indicating that the market had been overbought prior to the drop [2][11] Market Dynamics - The sell-off began in the Asian market and escalated as it moved to London and then the U.S., triggering a wave of stop-loss orders that amplified the decline [7] - Contributing factors included improved sentiment regarding the Russia-Ukraine conflict and expectations of consensus from the upcoming APEC meeting, which reduced the demand for gold as a safe haven [9][12] Long-term Outlook - Despite the short-term volatility, the long-term fundamentals supporting gold remain intact, driven by concerns over the reliability of the U.S. dollar and rising geopolitical risks [12][15] - Central banks globally have been increasing their gold reserves, with gold's share in global reserves surpassing that of the euro, indicating a shift towards gold as a stable asset [15][17] Investment Strategies - Investors are advised to approach gold as a means of risk management and value preservation rather than speculative trading, with recommendations to avoid high leverage and focus on regulated investment channels [20][24] - Analysts remain optimistic about gold's future price trajectory, with projections suggesting potential increases to $4,500 per ounce in the coming year [22][24]
金价单日狂跌!华尔街喊长期看好,普通人该抄底还是躺平?
Sou Hu Cai Jing·2025-10-24 12:42