黄金7天狂泻500美元，专家：倒车接人

Core Viewpoint - The recent sharp decline in gold and silver prices is attributed to a combination of easing U.S.-China trade tensions and reduced risk appetite among investors, despite the long-term bullish outlook for gold due to potential Federal Reserve easing [1][4][5]. Price Movements - Gold prices have dropped nearly $500 per ounce over the past week, falling from a peak of $4,381.11 to a low of $3,886.3 [3]. - Silver prices have also seen significant declines, with a maximum drop of 16% this month, from $54.453 to around $46 per ounce [5]. ETF and Stock Performance - Gold-related ETFs have suffered, with 14 ETFs showing declines of over 3.5%, and the largest gold ETF, SPDR, reducing its holdings by 19.74 tons [4][5]. - Gold mining stocks have also retreated, with notable declines in companies like Yuguang Gold Lead and Chifeng Jilong Gold, both experiencing drops exceeding 4% [4]. Market Sentiment and Analysis - Analysts suggest that the recent price drop is a temporary correction rather than a sign of a trend reversal, with expectations for gold prices to potentially rise above $4,500 per ounce in the future [13]. - The ongoing global de-dollarization and central banks' continued accumulation of gold are seen as strong underlying support for gold prices [13]. Jewelry Price Adjustments - Domestic gold jewelry prices have also adjusted, with significant reductions observed, dropping below 1,200 yuan per gram [7]. Company Performance - Despite the recent price declines, gold companies have reported strong earnings, with Zijin Mining's revenue for the first three quarters reaching 254.2 billion yuan, a year-on-year increase of 10.33% [10]. - Other companies like Zhaojin Mining and Hunan Gold have also shown impressive growth in revenue and net profit, indicating resilience in their financial performance despite market fluctuations [10].