黄金“高台跳水”七日大跌500美元 深蹲还是转向？

Core Viewpoint - The recent significant decline in gold prices, dropping nearly $500 per ounce in seven trading days, is attributed to improved risk appetite due to easing U.S.-China trade tensions and potential central bank gold sales [1][2][4]. Group 1: Gold Price Movement - As of October 28, spot gold prices fell to $3,886.3 per ounce, down from a peak of $4,381.11 per ounce [1]. - Gold-related ETFs experienced declines, with 14 ETFs dropping over 3.5%, and the largest decline seen in the gold fund ETF (159812) at 3.66% [1]. - The price of silver also dropped significantly, with a decline of 3.36% followed by an additional 2.2% drop, bringing its price down from $54.453 per ounce to around $46 per ounce, marking a maximum retracement of 16% [4]. Group 2: Market Sentiment and Analysis - Analysts suggest that the easing of U.S.-China trade relations and reduced risk aversion are key factors contributing to the decline in gold prices [2][6]. - Despite the recent downturn, long-term factors such as expectations of Federal Reserve rate cuts may support gold prices in the future [2][6]. - Market analysts believe that the current price adjustments are a temporary consolidation phase rather than a signal of a peak in gold prices, with expectations of a potential rise above $4,500 per ounce next year [6][7]. Group 3: Company Performance - Despite the drop in gold prices, companies like Zijin Mining reported a revenue of 254.2 billion yuan for the first three quarters, a year-on-year increase of 10.33% [5]. - Hunan Gold's third-quarter revenue reached 127.58 billion yuan, up 117.91% year-on-year, with a net profit increase of 63.13% [6]. - The performance of gold companies remains strong, with significant year-on-year growth in revenues and profits, indicating resilience despite market fluctuations [5][6].