Core Viewpoint - The international gold price has seen a significant decline at the beginning of 2026, dropping to $4361.8 per ounce, following a remarkable increase of over 60% throughout 2025, which raised concerns about market corrections and future price movements [1]. Retail Market Response - Retail gold prices have decreased slightly, with prices at 周大生 and 周六福 being 1363 yuan and 1346 yuan per gram respectively, down from last week [2]. - The price of gold at 宝庆银楼 in 九江 is 1329 yuan per gram, while in 宜春, the price at 太阳金店 is 1209 yuan per gram [3][4]. - In 吉安, the price is slightly lower at 1206 yuan per gram, and in 武汉, 亚一金店 lists gold at 1365 yuan per gram [5][6]. - The price of paper gold is reported at 1013 yuan per gram, indicating a price discrepancy with the international market [8]. Silver and Other Precious Metals - Silver prices have surged, reaching over $79, with a year-to-date increase of nearly 174%, driven by industrial demand and tight inventory [9]. - Platinum and palladium prices are also rising, with platinum around 460 yuan and palladium close to 405 yuan, influenced by recovery in the automotive sector [9]. Institutional Predictions and Market Sentiment - Predictions for gold prices in 2026 vary significantly among institutions, with estimates ranging from $4800 to $5055, while some analysts caution about potential bubbles [10]. - The Federal Reserve's interest rate decisions are seen as critical, with expectations of two rate cuts in 2026, which could support gold prices [10]. - Central banks, including those in China, Poland, and India, continue to accumulate gold, indicating sustained demand beyond short-term speculation [10]. Market Risks and Investment Suggestions - Short-term corrections in silver are anticipated due to overbought conditions, with a significant portion of the market (73%) currently bullish [11]. - Gold ETFs are still accumulating, with the largest product increasing holdings by over 18 tons recently, indicating ongoing speculative interest [11]. - Current gold prices in China range between 980 to 1020 yuan per gram, with brand premiums affecting retail prices significantly [11]. Conclusion - The gold market is expected to remain volatile, with potential for further increases, but caution is advised for investors considering entry points [13].
今日金价大跌1月1日
Sou Hu Cai Jing·2026-01-02 05:33