黄金突然跳水，跌破3360美元

Core Viewpoint - Gold prices continue to decline, with spot gold dropping below $3360, currently at $3358.56 per ounce, while silver is at $38.98 per ounce [1][2]. Group 1: Market Trends - Domestic gold jewelry prices are also falling, with brands like Chow Tai Fook reporting a price drop below 1000 yuan, now at 990 yuan per gram [2]. - In the first half of the year, China's gold production was 179.083 tons, a year-on-year decrease of 0.31%, while consumption was 505.205 tons, down 3.54% [3]. - Gold jewelry consumption has seen a significant decline of 26% to 199.826 tons, while gold bars and coins increased by 23.69% to 264.242 tons [3]. Group 2: Consumer Behavior - The high gold prices have led to a decrease in gold jewelry purchases, with only essential or investment buyers remaining active in the market [3]. - Consumers are favoring lightweight, well-designed, and high-value jewelry products, which are helping merchants maintain profitability [3]. Group 3: Market Analysis - Recent market analysis indicates that as long as gold prices do not fall below $3200 per ounce, the overall trend remains bullish [3]. - There are concerns regarding potential risks that could impact gold prices, including Federal Reserve dynamics, trade and geopolitical risks, and structural arbitrage in funding [4][5].