突发！金价，跳水；白银，暴跌

Group 1 - The core viewpoint of the articles indicates a significant decline in precious metal prices, with gold falling below $4500 per ounce for the first time since January 9, and silver experiencing a drop of over 14% [1][2]. - As of the latest updates, spot gold is reported at $4533.66 per ounce, down 7.38%, while spot silver is at $75.46 per ounce, down 11.49% [1][2]. - In the domestic futures market, the main contract for gold futures on the Shanghai Futures Exchange (SHFE) saw a drop of over 15%, reaching 1016 yuan per gram, and the main silver contract hit the limit down [2]. Group 2 - According to a recent report from China International Capital Corporation (CICC), gold prices have surpassed traditional fundamental influences, with conventional models like real interest rates becoming ineffective [4]. - The report from New Lake Futures indicates that despite the recent surge in gold prices exceeding last October's highs, the non-commercial long positions in COMEX gold have not reached previous peaks, suggesting limited institutional enthusiasm for chasing prices [4]. - Tao Dong, Chief Economist at Waterfall Capital (Hong Kong), believes that while short-term trends in gold remain uncertain, the overall outlook for gold is positive, driven by a shift towards de-dollarization and increased interest from sovereign, institutional, and retail funds in this alternative investment [4].