金价持续调整，机构提示风险

Core Viewpoint - The international gold price is experiencing a significant decline, approaching the critical support level of $4000 per ounce, influenced by short-term market factors and profit-taking after a substantial price increase [1][4][5]. Price Movement - As of October 22, the London gold price fell by 1.79% to $4037.901 per ounce, with a low of $4023.59 during the trading session [1][2]. - COMEX gold futures also dropped by 2.1%, reaching $4051.0 per ounce, with a minimum of $4034.2 [2][3]. Market Analysis - The recent adjustment in gold prices is attributed to crowded trading conditions and geopolitical news disturbances, leading to profit-taking after a $1000 increase since September [4]. - Analysts suggest that the easing of geopolitical tensions and the stabilization of silver markets have contributed to the current price adjustments [3][4]. Future Outlook - Despite the short-term decline, there is optimism for a medium to long-term increase in gold prices due to central bank purchases and rising investment demand [3][4]. - The market is advised to closely monitor developments in US-China trade negotiations, as any positive outcomes could further influence gold prices [5].