贵金属最后的狂欢？分析师警告黄金白银或于明年结束“世纪涨潮”，开启多年修正周期

Core Viewpoint - Most analysts expect gold and silver prices to reach new record highs by the end of the year, but Avi Gilburt warns that this price increase is nearing its final phase [1] Group 1: Market Trends - Gilburt suggests that the current rally in precious metals is due to a "reset" that occurred after years of declining investor interest following 2015 [1] - He believes that this is not the beginning of a new cycle but rather the end of a very long cycle [1] - The price of gold and silver may continue to rise in the coming months, but investors should prepare for a potential multi-year correction starting as early as next year [1] Group 2: Economic Indicators - The recent increase in the unemployment rate to 4.6%, the highest in over four years, has raised questions about whether it will be sufficient for the Federal Reserve to continue lowering interest rates next year [2] - Analysts are awaiting the release of the November Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) index, which could influence demand for safe-haven assets like precious metals [2] Group 3: Market Performance - On Tuesday, gold and silver futures saw slight declines, reversing gains from earlier due to the delayed release of the higher-than-expected unemployment rate [2] - The settlement price for December gold futures was $4,304.50 per ounce, down 0.05%, ending a three-day streak of increases [2] - December silver futures settled at $62.70 per ounce, down 0.4%, but both metals remain at their third-highest settlement levels of the year [2]