利空突袭！凌晨，史诗级暴跌！

Core Viewpoint - The precious metals market experienced a significant downturn, referred to as "Black Monday," with gold, silver, and palladium prices plummeting due to margin increases and profit-taking by traders [1][4][11]. Group 1: Market Performance - During the trading session, COMEX gold futures fell by 4.45% to $4,350.2 per ounce, while COMEX silver futures dropped by 7.2% to $71.64 per ounce [2][13]. - Spot gold declined over 4%, spot silver fell more than 9%, and spot palladium dropped over 15% [1][2][4]. - The U.S. stock market also reflected this downturn, with major indices closing lower: the Dow Jones down 0.51%, Nasdaq down 0.5%, and S&P 500 down 0.35% [4][15]. Group 2: Causes of Price Decline - The primary trigger for the decline in precious metals prices was the Chicago Mercantile Exchange's announcement to raise margin requirements for various metal contracts, effective Monday [4][11]. - This decision was described as part of a routine review of market volatility, indicating the exchange's concern over the current fluctuations in the precious metals market [4][11]. - Additionally, a rumor regarding a major bank facing forced liquidation due to a failure to meet margin calls on silver futures contributed to market anxiety [12][16]. Group 3: Market Sentiment and Future Outlook - Analysts noted that the silver market is currently in a "high volatility mode," with supply shortages supporting prices while speculative sentiment amplifies risks [17]. - The price of silver has surged nearly 150% this year, driven by factors such as supply constraints, strong industrial demand, geopolitical tensions, and expectations of Federal Reserve rate cuts [7][17]. - There is a divide among analysts regarding the future of silver prices: pessimists warn of a potential correction, predicting a drop to around $42 per ounce by the end of next year, while optimists, including economist Peter Schiff, foresee prices potentially exceeding $100 per ounce [19][20].