金价继续创新高，上金所、上期所紧急提醒！

Core Viewpoint - The international gold price has reached a historic high, surpassing $4250 per ounce, with significant year-to-date increases in both gold and silver prices, indicating a strong demand in the precious metals market [2][3]. Market Performance - As of October 16, international gold prices have risen over 60% this year, while silver prices have increased by over 83%. Domestic gold prices also rose to 967.29 yuan per gram, reflecting a 1.79% increase [2][3]. - The trading activity in both the physical and futures markets for gold and silver has intensified, with no clear upper limit on gold prices yet established [2]. Regulatory Alerts - The Shanghai Gold Exchange and the Shanghai Futures Exchange issued warnings regarding market volatility and advised investors to manage risks and maintain rational investment strategies [3][4]. Investment Trends - In September, trading volumes for precious metals futures surged, with gold futures trading volume increasing by 64.61% year-on-year and 78.49% month-on-month. The total scale of gold-themed ETFs in the domestic stock market surpassed 200 billion yuan, attracting over 80 billion yuan this year [5]. - The SPDR Gold Trust's holdings have increased by 40 tons since early 2025, although they remain significantly below the historical peak of 1352.65 tons from December 2012 [6]. Future Outlook - Expectations of further interest rate cuts by the Federal Reserve may drive additional increases in gold prices, with projections suggesting that gold could reach $4500 to $4800 per ounce by Q1 2026 and potentially $6000 by 2030 [7].