黄金7天狂泻500美元，专家：倒车接人

Core Viewpoint - The recent sharp decline in gold and silver prices is attributed to a combination of improved market sentiment due to easing U.S.-China trade tensions and potential central bank actions regarding gold reserves, despite long-term bullish factors remaining intact for gold prices [1][4][12]. Group 1: Gold Price Movement - Gold prices have experienced a significant drop, with the price falling from a peak of $4,381.11 per ounce to a low of $3,886.3 per ounce, a decrease of nearly $500 per ounce over the past seven trading days [3][4]. - The decline in gold prices has led to a drop in related ETF products, with 14 gold ETFs showing a decline of over 3.5%, and the largest gold ETF, SPDR, reducing its holdings by 19.74 tons [3][5]. Group 2: Silver Price Movement - Silver prices have also seen a substantial decline, dropping from $54.453 per ounce to around $46 per ounce, marking a maximum retracement of 16% this month [4]. - The year-to-date increase in silver prices has decreased from a peak of 85% to 58% [4]. Group 3: Market Sentiment and Analysis - Analysts suggest that the recent price drops are more of a correction after a rapid increase, with the underlying bullish sentiment for gold remaining intact [12]. - Factors such as ongoing global de-dollarization and central banks' continued accumulation of gold are expected to provide a solid support base for gold prices in the long term [12][13]. Group 4: Company Performance - Despite the recent price corrections, gold companies have reported strong earnings, with Zijin Mining's revenue for the first three quarters reaching 254.2 billion yuan, a year-on-year increase of 10.33% [9][10]. - Other companies like Zhao Jin Gold and Hunan Gold also reported significant revenue and profit growth, indicating resilience in their financial performance despite market fluctuations [10].