黄金跳水！

Core Viewpoint - The article discusses the recent fluctuations in precious metal prices, particularly gold and silver, highlighting a significant drop in their values and the potential risks associated with these changes [2][10]. Group 1: Market Performance - On December 29, spot silver experienced a sharp decline of nearly 5% after initially rising close to 6%, while spot gold fell below the $4500 mark, dropping over 1% during the trading session [2]. - As of the latest update, spot gold was priced at $4466.66, reflecting a decrease of 1.44% from the previous day [3]. - Domestic gold jewelry prices have also decreased, with the price of Chow Sang Sang's gold jewelry quoted at ¥1406 per gram, down from ¥1412 per gram [5]. Group 2: Market Analysis - Analysts warn that precious metal prices are at a precarious point, with potential for a significant correction. Tony Sycamore, a market analyst, describes the silver market as experiencing a "generational bubble" [10]. - The rise in precious metal prices has been attributed to market expectations of multiple interest rate cuts by the Federal Reserve in 2026, alongside strong buying from central banks and private investors [10]. - Forecasts suggest that as enthusiasm for gold wanes, silver prices may drop to approximately $42 per ounce by the end of next year [10].