金银，暴涨后跌了！

Group 1: Gold Market - On December 29, spot gold fell below the $4500 mark, with a decline of over 1% during the trading session, and was reported at $4505.72 per ounce by 14:16 [1] - The highest price for gold during the session was $4550.52, while the lowest was $4471.25, indicating a volatility in the market [2] - Domestic gold jewelry prices also decreased, with a general drop of 8 yuan per gram compared to the previous day [3][4] Group 2: Silver Market - On December 29, spot silver experienced a significant drop, with a maximum decline exceeding 5%, after previously rising nearly 6% and approaching the $84 mark, settling at $78.467 per ounce by 14:16 [5][6] - Recent trends show that both COMEX gold and silver futures have seen substantial increases, with gold rising over 1% and silver over 10% in the past week [8] - The demand for silver jewelry has surged, with sales increasing nearly 10% month-on-month, driven by rising silver prices [11][12] Group 3: Market Dynamics - The strong demand for silver is attributed to industrial and investment needs, geopolitical tensions, and expectations of further interest rate cuts by the Federal Reserve [13] - The supply of silver is constrained, with no significant new production expected, as most silver is now a byproduct of mining other metals [18] - There is a growing concern among market participants about the potential for a price correction in precious metals, as prices are perceived to be at a precarious level [18]