金价，银价闪崩！

Group 1 - The core viewpoint of the news highlights a significant decline in the prices of precious metals, with spot gold dropping below $3940 per ounce and spot silver falling over 2% to $47.016 per ounce [1][2] - The futures market also reflects a downward trend, with the main contract for gold on the Shanghai Futures Exchange decreasing by 1.57% to 904.74 yuan per gram, and silver dropping over 2% to 11113 yuan per kilogram [4] - A recent announcement from the Ministry of Finance and the State Taxation Administration clarifies tax policies related to gold transactions, exempting value-added tax (VAT) for certain transactions until the end of 2027, which is expected to enhance the competitiveness of China's gold market [4][5] Group 2 - The new tax policy aims to better distinguish between the commodity and financial attributes of gold, providing a more supportive environment for the gold industry compared to international standards [4][5] - Experts believe that the implementation of this policy will support the international competitiveness and pricing power of China's gold market, contributing to the development of Shanghai as an international financial center [5]