Market Overview - Global risk assets experienced a pause in their upward momentum, with major stock indices in the Asia-Pacific region collectively declining, followed by a lower opening for European indices [1][2][3] - The decline in stock markets is attributed to short-term profit-taking after significant gains that led to historical highs on October 27 [1][3] Precious Metals Market - Gold and silver prices saw a substantial drop, with spot gold falling over 2% and briefly dipping below $3900 per ounce, while silver dropped nearly 2% [1][3] - Analysts from Heraeus indicated that the adjustment in precious metal prices could last for several months, although they expect a potential continuation of the upward trend if investor interest remains strong [4][5] Investment Demand for Gold - Despite recent price declines, global retail demand for gold remains robust, and the growth rate of gold holdings in ETFs has not shown significant decline, indicating sustained investor interest [5][6] - Analysts predict that the average gold price could rise to around $4560 per ounce next year, reflecting a 33% increase from the average price since the beginning of the year [6] Future Price Projections - Metals Focus analysts believe that ongoing economic uncertainty will continue to support gold prices, with trade policy and its global economic impact being key drivers [5][6] - Morgan Stanley's commodity strategy head anticipates that gold prices could exceed $5000 per ounce by the fourth quarter of 2026, driven by sustained demand from investors and central banks [6]
全线跳水!全球股市,突然“降温”!发生了什么?
Zheng Quan Shi Bao Wang·2025-10-28 12:21