深夜，暴跌！黄金急速跳水，发生了什么？

Core Viewpoint - The recent sharp decline in gold and silver prices is attributed to profit-taking, easing global trade tensions, and a stronger US dollar, which has made precious metals more expensive for buyers [1][3][5]. Price Movements - On October 16, gold prices surged nearly 3% to over $4300 per ounce, while silver rose over 2% to above $54 per ounce, both reaching historical highs [3]. - On October 21, gold prices fell over 5%, dropping below $4130 per ounce, and silver prices fell nearly 8%, dropping below $49 per ounce [1][3]. Market Analysis - Analysts suggest that the recent price drop is a result of profit-taking and a reduction in safe-haven demand due to easing trade tensions and potential resolution of the US government shutdown [3][4]. - Despite the recent declines, analysts believe that gold prices will continue to rise in the long term due to ongoing geopolitical uncertainties and economic factors [5][6]. Future Outlook - HSBC forecasts that gold's upward momentum may continue until 2026, driven by strong central bank purchases and ongoing fiscal concerns in the US, with a target price of $5000 per ounce [6]. - Analysts from UBS and other institutions predict that gold could reach $4700 per ounce, supported by political and trade uncertainties, declining real interest rates, and rising government debt [5][6][7].