黄金又跌价了，25年12月21日金条降价，国内黄金、金条新价格

Group 1 - The gold market experienced a significant cooling in late December, with international gold prices dropping below the $4,300 mark after reaching a historical high of $4,342 just days prior, indicating a shift in market sentiment [1] - The international spot gold price fell to $4,289.7 per ounce, marking a decline of over $50 in a short period, while domestic gold prices also adjusted, with mainstream brands seeing a drop from approximately 920 yuan per gram to around 905 yuan [1] - The recovery prices for gold jewelry decreased, with the buyback price for gold jewelry falling to 952 yuan per gram, reflecting a change in market attitudes towards short-term trends [1] Group 2 - In 2025, gold entered a rare bull market, starting the year around $3,000 and surging over 60% by year-end, driven by significant central bank gold purchases and reduced opportunity costs due to multiple interest rate cuts by the Federal Reserve [2] - The global economic recovery and recurring geopolitical risks have amplified gold's safe-haven attributes, contributing to the rising demand for gold investments [2] Group 3 - Current market dynamics indicate a cautious shift, with the Federal Reserve signaling a more careful policy approach, leading to a cooling of expectations regarding future interest rate cuts [4] - Technical indicators show weakening momentum for gold prices, approaching critical trend support levels, while geopolitical risks have eased, resulting in crowded long positions in the market [4] - The price of $4,300 has become a psychological threshold, suggesting that while the long-term value logic of gold remains intact, the market requires time to digest recent gains and establish a new consensus on future direction [4]