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利空叠加,金价暴跌130美元,10月28日金价实时消息,现在适合抄底吗?
Sou Hu Cai Jing·2025-10-28 17:02

Core Viewpoint - The recent sharp decline in gold prices, dropping below the psychological threshold of $4000 per ounce, raises questions about whether this represents an investment opportunity or a trap [1][3]. Market Reaction - On October 28, international spot gold prices fell to a low of $3971.38 per ounce, a drop of nearly $38 from the previous day's closing price, breaking through the $4000 mark without any signs of rebound [3]. - Domestic gold jewelry prices also decreased, with Chow Tai Fook's gold jewelry dropping from 1232 RMB per gram to 1223 RMB per gram, and Lao Miao's gold falling from 1228 RMB per gram to 1220 RMB per gram [3]. Factors Influencing Price Decline - The decline in gold prices is attributed to three main negative factors: 1. A significant easing in the US-China trade situation, which has reduced the demand for gold as a safe haven [5]. 2. A potential diplomatic resolution to the Russia-Ukraine conflict, leading investors to sell gold in favor of riskier assets like stocks [5]. 3. A strong rebound in the US dollar index, approaching the 100 mark, which historically has an inverse relationship with gold prices [5]. Historical Context - Analysts have drawn parallels between the current gold price drop and a similar situation in 2006, where gold prices fell by 30% in a short period. Currently, gold has already seen a nearly 20% decline since its peak in August [8]. - Unlike 2006, the current market environment includes factors such as central banks purchasing over 1000 tons of gold annually and the beginning of a Federal Reserve rate-cutting cycle, which may mitigate the extent of the decline [8]. Technical Analysis - After breaching the $4000 mark, the $3950 level has emerged as a critical short-term support, corresponding to a 38.2% Fibonacci retracement level. If this support fails, the next target could be in the $3800-$3850 range [10]. - Market sentiment remains cautious, with many traders adopting a wait-and-see approach, as evidenced by the lack of strong buying interest despite increased trading volumes [10]. Investment Strategies - The topic of "whether to buy the dip" has gained traction, with some younger investors entering the market through gold ETFs or accumulation plans, only to exit quickly after incurring losses [12]. - Institutional perspectives are divided: some remain optimistic about long-term support from central bank purchases and the US debt crisis, while others are pessimistic due to the strong dollar cycle [12]. Regulatory Concerns - The increase in gold price volatility has led to a rise in fraudulent activities, with warnings about scams involving "gold custody returns" and "virtual share trading" [14]. - Investors are advised to engage only with licensed institutions for gold investments, avoiding high-yield, low-risk promises that may lead to losses [14].