金价8天狂泄409美元！抄底者哭了，高位接盘者遭血洗，场面惨烈！

Core Insights - Gold prices experienced a dramatic decline of $409 in just eight days, marking a 9.3% drop from a peak of $4,382 per ounce to $3,973 per ounce, the most significant drop since 2013 [3][4][6] - The decline has severely impacted retail investors and futures traders, with many facing substantial losses due to high leverage and market volatility [6][7] Group 1: Market Data - The London Bullion Market Association (LBMA) reported that gold prices fell from $4,382 per ounce on October 20 to $3,973 per ounce by October 28, a loss of $409 [3] - In the domestic market, the Shanghai gold spot price dropped by 35 yuan per gram over two days, with major retailers seeing weekly declines exceeding 2% [3] - On October 21, global gold ETFs saw a net outflow of $5 billion, and non-commercial net long positions in gold futures on the New York Mercantile Exchange decreased by 12% [3][6] Group 2: Causes of the Decline - The Federal Reserve's shift in policy, with a reduction in the expected rate of interest rate cuts, led to an increase in real interest rates, making gold a less attractive investment [4][5] - A decrease in geopolitical risks, particularly regarding Ukraine and the Middle East, resulted in the withdrawal of safe-haven investments from gold [5] - Technical indicators showed that gold was overbought prior to the decline, with the Relative Strength Index (RSI) remaining above 70, triggering automated sell-offs when prices fell below key support levels [5] Group 3: Impact on Stakeholders - Retail investors who purchased gold at high prices faced significant losses, with some losing amounts equivalent to a month's salary within a week [6] - Physical gold retailers experienced a sharp decline in sales, with some reporting a drop of over 40% in sales revenue in major cities [6] - Futures traders faced severe losses, with many accounts losing over 100,000 yuan in a single day due to the rapid market downturn [6] Group 4: Future Outlook - Short-term price corrections are expected, but long-term support remains, with industry representatives predicting gold prices could reach approximately $4,980 per ounce by next October [7] - Key indicators to watch include the Federal Reserve's interest rate decisions and any resurgence of geopolitical risks, which could drive demand for gold as a safe-haven asset [7] - Historical data suggests that after significant declines, gold prices often recover, emphasizing the importance of understanding market signals and managing risk [8]