近日，国际黄金价格连续下跌。 10月28日，现货黄金一度大跌2.18%。截至发稿，现货黄金跌幅收窄至12.08%，报3898.9美元/盎司。较10月21日高点4381美元/盎司跌超10%。 截至发稿，COMEX期货黄金跌2.48%，报3920美元/盎司。 国际金价下跌，国内金饰零售市场价格也随之调整。今日上午，周大福金饰挂牌价调至1198元/克，较昨日下跌25元/克；六福珠宝跌破1200元/克至1189 元/克，较昨日下跌34元/克。 | C | 金饰排行 | | × | | --- | --- | --- | --- | | 银行/品牌排序 | 金饰价格 = 较上日涨跌 = 综合评分 = | | | | 1 周大福 | 1198.00 | -25.00 | 4.9 > | | 2 老凤祥 | 1202.00 | -18.00 | 4.8 > | | 3 周大生 | 1232.00 | 0.00 | 4.6 > | | L 世令一 | 1107 00 | -28 00 | 1.5 | | UU." 11 DIF TIFF | LU.UU | 4.V / | | --- | --- | --- | | 5 六福 ...

近日，国际黄金价格连续下跌。 10月28日，现货黄金一度大跌2.18%。截至发稿，现货黄金跌幅收窄至12.08%，报3898.9美元/盎司。较10月21日高点4381美元/盎司跌超10%。 截至发稿，COMEX期货黄金跌2.48%，报3920美元/盎司。 | W | COMEX黄金 | | | | | --- | --- | --- | --- | --- | | | GC.CMX | | | | | 3920.0 | 昨结 4019.7 | 总手 | | 11.96万 | | -99.7 | 3999.9 -2.48% 开盘 | 现手 | | 11 | | 最高价 | 4034.2 持 仓 35.67万 | 外 월 | | 5.59万 | | 最低价 | 3914.3 增 仓 4220 | 内 盘 | | 6.38万 | | 关于日本 | 五日 日K 周K | 月K | | 曲家 (0) | | 叠加 | | 均价:3981.3 | | | | 4125.1 | | 2.62% | | 3919.9 | | | | | | 3919.6 | | | | | 4:45 | 3920.3 | | | | | 4 ...

Core Insights - Gold and silver prices have experienced significant volatility, with gold briefly surpassing $4000/oz before dropping below $3900/oz, marking a decline of over 2% [1] - The World Gold Council's strategist suggests that a deeper correction in gold prices could be beneficial, with a potential target of $3500/oz being considered healthy for the market [1] - HSBC's commodity outlook report indicates that gold's upward momentum may continue until 2026, driven by strong central bank purchases, ongoing fiscal concerns in the U.S., and expectations of further monetary easing, with a target price of $5000/oz [1] Market Analysis - Recent declines in gold prices are attributed to a reduction in short-term risk aversion and easing liquidity pressures in the silver market, leading to profit-taking among investors [2] - Factors such as the potential U.S. government shutdown, global trade uncertainties, and credit issues in the U.S. banking sector have contributed to the current market adjustments [2] - The silver market has seen reduced liquidity pressures following inventory replenishment, which has also negatively impacted gold prices [2] - Despite short-term adjustments, the long-term outlook for gold remains positive, with recommendations for investors to adopt a "buy on dips" strategy [2]

10月27日晚， 伦敦现货黄金价格在亚洲交易时段跌破4000美元/盎司关键心理关口，最低下探至3985美元/盎司，较本月高点回落逾8%，累计跌幅创十年 来最大单周回调之一。 对此有分析人士认为，近期推动金价上涨的避险需求明显减弱，投资者转向股市与高收益资产。 上海期货交易所的黄金价格数据显示，10月27日，盘中最高仍为948.46元每克，截至28日13市30分，金价已跌至907.74元每克，逼近900元大关。 实物黄金方面，10月28日14时腾讯理财通的报价显示，周大福黄金为1198元/克，老凤祥为1202元/克，周六生为1129元/克，周生生为1199元/克。银行金条 方面，浦发银行投资金条为974元/克，工商银行如意金条为932元/克，建设银行龙鼎金条为931元/克，中国银行金条为929元/克。 半岛电视台近日发文称，投资策略公司Fortress Strategies首席执行官穆斯塔法·侯赛因在接受采访时认为，黄金的回调是暂时的；黄金的下跌是喘息、重新 定位，修复之前的创纪录涨幅，以及短期投机交易的平仓。 与此同时，多家国际投行也发布了针对黄金价格的最新观点，瑞银近期预计未来几个月黄金价格可以冲到4200 ...

Core Viewpoint - Recent fluctuations in the gold market are seen as a natural correction following previous excessive gains, with the long-term macroeconomic support for gold remaining intact [2][3]. Market Analysis - The recent significant decline in international gold prices indicates a short-term adjustment phase, with spot gold hitting a low of $4,072.84 per ounce and COMEX gold futures at $4,090.20 per ounce as of October 27 [2]. - The volatility in the gold market was anticipated, as the trading crowding had reached historical highs, prompting a risk warning from the investment team on October 15 [3]. Long-term Support Factors - A profound shift in the global currency landscape is occurring, with the dollar's reserve status weakening and gold's share in global central bank reserves increasing from 10% in 2019 to 23% by Q2 2025, reflecting concerns over the uncertainty of the global monetary system [3][4]. - Central banks globally are continuing to purchase gold, driven primarily by emerging market central banks, with total gold reserves exceeding 36,000 tons as of Q2 2025, showing a net increase of 19 tons in August alone [3]. - Ongoing issues with U.S. credit, including a national debt surpassing $38 trillion, are enhancing gold's appeal as a hedge against inflation and credit risk, especially in light of declining purchasing power of fiat currencies [4]. Investment Strategy - Investors are advised to view gold as a long-term asset for macro hedging and value storage rather than a short-term speculative tool, emphasizing its low correlation with traditional assets during systemic risks [5]. - For those who believe in the long-term support for gold, the current market correction presents a potential buying opportunity, while risk-averse investors should exercise caution due to ongoing market volatility [5]. - A systematic investment approach, such as dollar-cost averaging, is recommended for smaller investors to mitigate the psychological impact of short-term fluctuations [5]. Strategic Considerations - A common mistake among investors is conflating long-term allocation with short-term trading, which can lead to losses from trying to time the market [6]. - The analysis of gold investment should now incorporate multiple variables beyond just Federal Reserve policies, including geopolitical risks and central bank purchasing trends, to provide a more comprehensive market outlook [6].

每经编辑｜何小桃 近日，国际黄金价格连续下跌。 10月28日，现货黄金一度大跌2.18%。截至发稿，现货黄金跌幅收窄至12.08%，报3898.9美元/盎司。较10月21日高点4381美元/盎司跌超10%。 截至发稿，COMEX期货黄金跌2.48%，报3920美元/盎司。 | W | COMEX黄金 | | | | | --- | --- | --- | --- | --- | | | GC.CMX | | | | | 3920.0 | 昨结 4019.7 | 总手 | | 11.96万 | | -99.7 | 3999.9 -2.48% 开盘 | 现手 | | 11 | | 最高价 | 4034.2 持 仓 35.67万 | 外 월 | | 5.59万 | | 最低价 | 3914.3 增 仓 4220 | 内 盘 | | 6.38万 | | 关于日本 | 五日 日K 周K | 月K | | 曲家 (0) | | 叠加 | | 均价:3981.3 | | | | 4125.1 | | 2.62% | | 3919.9 | | | | | | 3919.6 | | | | | 4:45 | 3920.3 | ...

Core Viewpoint - The recent decline in gold prices is seen as a necessary correction after a significant speculative surge, with industry experts anticipating further price drops to stabilize the market [2][5][6]. Group 1: Price Movements - Gold prices fell below $4,000 per ounce, reaching a low of $3,980, after a 27% increase over seven weeks, peaking at $4,381 on October 20 [2]. - The recent drop represents a decline of over 9% from the recent high [2]. - Analysts expect gold prices may need to drop further, with some suggesting a potential target of $3,700 before testing new highs [5]. Group 2: Market Sentiment - Industry executives view the current price drop as a "healthy correction" to the overheated market, with many welcoming a deeper pullback [5]. - John Reade from the World Gold Council noted that many in the industry would prefer a more significant correction to clear speculative positions [5]. - The sentiment among some analysts is that a price around $3,500 could be considered healthy for the market [7]. Group 3: Future Outlook - Despite short-term concerns, major banks like HSBC, Bank of America, and Société Générale maintain a bullish outlook with a target price of $5,000 for gold next year [4][7]. - The sustainability of retail investor demand and central bank purchasing activity remains uncertain, with recent trends showing increased interest from retail investors in Australia and Japan [7]. - Central banks have been diversifying their assets by purchasing gold, although recent data indicates a slowdown in these purchases [6][7].

Core Viewpoint - Golden Dragon Mining (ASX: GDR) officially listed on the Australian Securities Exchange on October 29, 2025, following a successful nationwide roadshow that began in August 2025, highlighting the company's focus on gold exploration amid rising gold prices and a favorable investment environment in Western Australia [1][3][9]. Group 1: Company Overview - Golden Dragon Mining specializes in gold exploration and has multiple high-potential exploration projects in resource-rich areas of Western Australia [3][6]. - The company's flagship project, Cue, is located approximately 60 kilometers northwest of Cue town, covering over 600 square kilometers and adjacent to several established mining areas [6]. - Other significant projects include the Stella Range project, covering 131.49 square kilometers in the eastern goldfields, and the Narndee-Fenceline project, which spans about 60 square kilometers and contains additional metals such as copper and zinc [6]. Group 2: Market Context - Gold prices have surged in 2025, with spot prices exceeding $3,500 per ounce (approximately 5,468 AUD), driven by global economic uncertainty, geopolitical tensions, and a weakening US dollar [3]. - Western Australia is recognized as a premier destination for gold investment due to its rich resources, stable regulations, and robust infrastructure [3]. Group 3: IPO and Investor Engagement - The company conducted a nationwide IPO roadshow in collaboration with Richlink Capital, attracting significant interest from industry experts, fund managers, and investors [9][11]. - The funds raised from the IPO will primarily be used to accelerate drilling activities, expand resource quantities, and transition core projects from exploration to development [14]. Group 4: Management Team - Golden Dragon Mining boasts a strong management team with extensive experience in mining and finance, enhancing investor confidence in the company's future [14][15]. - Key team members include Simon Buswell-Smith, Rhoderick Grivas, Francesco Cannavo, and Sam Zheng, each bringing significant industry expertise [15][18][21]. Group 5: Future Outlook - The company aims to continue expanding its exploration efforts in Western Australia, improve resource assessment outcomes, and collaborate with strategic partners to capitalize on global gold market opportunities [22].

Core Viewpoint - The recent decline in gold prices is seen as a "healthy correction" after a significant speculative surge, with industry experts anticipating further price adjustments in the near term [4][5][9]. Group 1: Price Movements and Market Sentiment - Gold prices fell below $4,000 per ounce, reaching a low of $3,980, after a 27% increase over seven weeks, peaking at $4,381 on October 20 [2]. - The recent drop of over 9% from the recent high has raised concerns among market participants about the sustainability of retail investor demand and central bank purchasing behavior [4][12]. - Industry leaders, including John Reade from the World Gold Council, express a desire for deeper corrections to stabilize the market [5][11]. Group 2: Future Price Predictions - Major financial institutions like HSBC, Bank of America, and Société Générale maintain a bullish outlook, setting a target price of $5,000 for gold in the coming year [10]. - Despite the optimistic long-term outlook, there are concerns about potential price drops, with some analysts suggesting that a price of $3,500 could be considered healthy for the market [11]. Group 3: Factors Influencing Demand - The demand for gold has been driven by investors seeking a hedge against geopolitical uncertainties, high government debt levels, and a declining dollar [6][8]. - Central banks have been diversifying their assets by purchasing gold, although recent data from the IMF indicates a slowdown in these purchases [7][13]. - Retail investor interest has surged, particularly in Australia and Japan, where there has been a notable increase in purchases of small gold bars and coins [12]. Group 4: Market Dynamics - The recent price surge has been attributed to speculative holdings, which some industry experts believe have inflated prices unsustainably [9]. - The London Bullion Market Association's outgoing chairman noted that the recent price movements are essential for clearing speculative positions, setting the stage for potential future increases [6]. - The CEO of the London Bullion Market Association highlighted that gold is becoming a mainstream investment choice, with rising trading volumes indicating a shift in investor behavior [14][15].

Group 1 - The article discusses the performance of the MicroSectors 3x Long Gold ETF, highlighting a significant drop in its price, with a closing price of 141.85 and a pre-market price of 126.91, reflecting a decrease of 10.53% [1] - The trading volume for the ETF was reported at 1.682 million, indicating a high level of activity in the market [1] - The article notes the highest price reached was 151.50, while the lowest was 130.00, showcasing the volatility of the ETF [1] Group 2 - The current price of gold is reported at 3983.25, with a decrease of 2.22% from the previous close of 3981.84 [2] - The highest price for gold during the trading session was 4019.72, while the lowest was 3886.199, indicating fluctuations in the gold market [2] - The article mentions the moving averages for gold, with significant levels at 4481.251 and 4381.484, which may serve as indicators for future price movements [2]