“逢低买盘入场”！黄金白银携手“回血”，机构长期看多逻辑印证？

Core Viewpoint - The article discusses the recent fluctuations in gold and silver prices, highlighting a rebound after a significant drop, driven by market dynamics and geopolitical factors [5][9]. Group 1: Market Dynamics - Gold prices rebounded to $4950 per ounce, with a daily increase of 6%, while silver prices surged to $89 per ounce, marking a nearly 12.5% rise [5]. - The sell-off in precious metals began after President Trump nominated Kevin Warsh for the next Federal Reserve Chair, which eased concerns about the Fed's independence [7]. - A significant drop of 10% in gold prices occurred during Asian trading hours, attributed to investors borrowing heavily to bet on rising precious metal prices [7]. Group 2: Investment Behavior - Market participants are engaging in buy-the-dip behavior, common after a 20% decline in asset prices, as noted by Yuxuan Tang from JPMorgan [7]. - The CME Group raised margin requirements for gold and silver futures, reducing the leverage available to traders, which may impact precious metal prices in the short term [8]. - Private investors are now the primary drivers of gold price increases, seeking to hedge against geopolitical uncertainties and concerns over currency devaluation [8]. Group 3: Future Outlook - Deutsche Bank maintains its forecast for gold prices to rise to $6000 per ounce this year, while JPMorgan expects prices to reach between $6000 and $6300 by year-end [8]. - Analysts believe the recent price adjustment provides a beneficial opportunity for investors to build long-term strategies at more attractive entry points [8]. - The ongoing geopolitical tensions, particularly between the US and Iran, may influence gold's appeal as a safe-haven asset, potentially exerting pressure on prices if negotiations progress [9].