Core Viewpoint - The gold market experienced significant volatility, with a sharp drop of over $110 followed by a strong rebound of $75, indicating a potential return to historical highs [1][5]. Market Performance - After a period of consolidation, gold prices broke above the $4000 mark, reaching a high of $4022 before closing strongly [5]. - The market is expected to continue its upward trend, with targets set at $4058 and potentially $4100 [6][7]. Support and Resistance Levels - Key support levels are identified at $4000 and $3955, with the potential for further adjustments if prices fall below these levels [9][11]. - The market has shown resilience after a four-month upward trend, with a total increase of over $1400 this year, and a two-month gain of $600 [11]. Influencing Factors - Recent geopolitical events, including escalated tariffs from the U.S. and a renewed trade conflict with China, have contributed to increased demand for gold as a safe haven [12]. - The failure of the seventh round of funding legislation and ongoing government shutdowns have led to rising U.S. debt and a weakening dollar, further supporting gold prices [12]. Upcoming Economic Indicators - Key economic indicators to watch include the U.S. September retail sales and PPI, which will provide insights into the impact of tariffs and inflation [13]. - The upcoming Federal Reserve Beige Book will also be crucial in assessing economic outlooks and potential impacts on the stock and bond markets [13]. Investment Strategy - Emphasis is placed on the importance of timing in entering and exiting positions in the gold market, with a focus on maintaining low risk while maximizing profit opportunities [13]. - A well-established trading team claims to achieve a high accuracy rate of 85% or more, suggesting a strategic approach to trading in the current market environment [13].

记者丨江佩霞 见习记者张嘉钰 编辑丨张楠 视频编辑丨许婷婷 设计丨郑嘉琪 一场席卷全球的避险浪潮，正在将贵金属市场推向沸腾的顶点。 在全球多重风险因素叠加下，黄金价格突破每盎司4000美元的历史性关口。 截至10月10日，据21财经工作室统计，自2022年以来，国际金价累计涨幅已达123%，展现出强劲的上 扬势头。进入2025年，这一涨势愈发迅猛，年内涨幅已突破53%。尤其值得关注的是，金价在今年4月 22日首次突破3500美元/盎司大关后，仅用169天便一举冲上4000美元关口，如此惊人的涨速，堪称"火 箭式"上涨，引发全球投资者高度关注。 而市场的"沸腾"并不仅限于黄金。现货白银涨势更为迅猛，年内涨幅超70%跑赢黄金，价格破50美元。 据21财经工作室测算，若投资者在一年前购入100g黄金并持有不动，一年收益高达3万元，收益率妥妥 超50%。 100克黄金售价突破11万 图源/21财经客户端 记者10月11日摄 金价持续飙升让没赶上趟的人"肉疼"——买金饰的成本涨得太猛了。 像准备结婚买"三金"的年轻人、想给长辈买金镯当礼物的人，可能感触最明显：以某品牌金饰为例，去 年同期100克金饰预算8万元左右就能拿 ...

牛市来了还没上车？上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限 量发放！先到先得！ 美国政府债务突遭警告。 在最新的采访中，桥水基金创始人瑞·达利欧警告称，美国政府债务的过快增长，叠加日益激化的内外冲 突，正在催生一种与二战前夕"非常类似"的氛围，对现有秩序构成严峻挑战。 根据美国财政部的数据，截至2025年10月，美国国债规模已超过37.86万亿美元。美媒报道称，在此之 前，摩根大通CEO杰米·戴蒙、美联储主席杰罗姆·鲍威尔都认为"美债危机迫在眉睫"。达利欧预测，在 特朗普政府的领导下，"债务引起的心脏病发作"最多在两三年内就将爆发。 达利欧突发警告 亿万富翁投资者、桥水基金创始人瑞·达利欧警告称，美国政府债务增长过快，正在形成一个"与二战前极 为相似"的局面。 达利欧在接受采访时表示，当债务相对于收入的比重不断上升时，就像动脉中的斑块一样，最终会挤压出 可用的支出空间。这种债务堆积的趋势正威胁着美国经济活力。 达利欧长期以来一直警示美国债务失控的风险。今年9月，他指出，不断膨胀的债务已对"全球货币体系构 成威胁"。他将问题归咎于美国两党政治极化，认为解决债务炸弹必须通过"增加税 ...

本周五，全球金融市场走势动荡，股市、大宗商品、原油甚至加密货币都出现大跌，唯有黄金价格保持 坚挺。 冲上4000美元每盎司后，金价还有多少上涨空间?智通财经APP获悉，瑞银近期发布一份研究报告指 出，今年以来黄金价格累计涨幅已超 50%，尽管短期波动或有所加大，但多重核心支撑因素下，金价 涨势尚未终结。瑞银预计未来数月金价将升至4200美元/盎司，并维持黄金 "有吸引力"的战略评级。 多重宏观因素为黄金注入动能 瑞银预计未来数月金价将升至4200美元/盎司，并维持黄金 "有吸引力"的战略评级。 瑞银认为，此次金价突破关键关口，并非孤立行情，而是多重宏观变量共振的结果： 美国政府停摆与财政担忧：持续的美国政府停摆为黄金交易注入新动能，市场对美国财政稳定性的担忧 升温;同时，日本、法国近期政治领导层变动引发两国财政前景不确定性，进一步推升避险需求。 美联储降息周期与美元长期价值担忧：美国重启降息周期，叠加市场对美元长期购买力的疑虑，成为黄 金的重要支撑。瑞银分析指出，持有黄金的 "机会成本"—— 美国实际利率(名义利率减去通胀)已降至 2022 年中以来最低水平，且仍有进一步下行至负区间的可能，这将持续削弱美元吸 ...

"哎，你说现在买黄金，哪个牌子最划算啊？"小李在商场里逛着珠宝店，突然拉住旁边的小张问道。 黄金市场大比拼，各品牌价格揭秘 最近黄金市场挺热闹，不少人都想着买点黄金保值或者送人。那10月11号这天，各大珠宝品牌的黄金价格都是啥情况呢？咱们来一起瞧瞧。 周大福、六福、金至尊、谢瑞麟，价格齐平 菜百首饰、中国黄金，价格亲民 要说价格最亲民的，还得是菜百首饰和中国黄金。他们的足金999饰品价格都是每克1110元人民币。这个价格比前面那些牌子都低了不少，要是你预算有 限，或者想买点黄金投资，这两个牌子绝对值得一看。 价格差异背后的原因 先说说这几个大牌子，周大福、六福珠宝、金至尊还有谢瑞麟，他们的足金饰品价格都是每克1168元人民币。这四个牌子在市场上名气都挺大，价格也一 样，选哪个就看个人喜好和店铺服务了。要是你注重品牌和服务，这几个牌子都值得考虑。 周生生、老凤祥、老庙黄金，价格稍低 再看看周生生，他们的足金饰品价格稍微低点，每克1164元人民币。虽然就差了几块钱，但要是买得多，也能省下不少呢。另外，老凤祥和老庙黄金的足金 产品价格也一样，都是每克1165元人民币。这几个牌子性价比也挺高，适合想省点钱的消费者。 ...

Core Viewpoint - Ray Dalio, founder of Bridgewater Associates, warns that the rapid growth of U.S. government debt, combined with escalating internal and external conflicts, is creating an atmosphere reminiscent of the pre-World War II era, posing a serious challenge to the existing order [1][2][3] Debt Growth and Economic Impact - As of October 2025, U.S. national debt is projected to exceed $37.86 trillion, with the Congressional Budget Office estimating that public debt will reach 99% of GDP in 2024 and 116% by 2034, the highest in U.S. history [2][7] - Dalio emphasizes that rising debt relative to income is squeezing available spending space, threatening the vitality of the U.S. economy [2][3] - The ongoing accumulation of debt is intertwined with increasing social division and geopolitical risks, creating a concerning environment [2][3] Political and Fiscal Challenges - Dalio attributes the debt crisis to political polarization in the U.S., advocating for a combination of increased tax revenue and spending cuts to address the "debt bomb" [2][3] - The Federal Budget Committee criticizes the current government shutdown as wasteful and meaningless, highlighting a projected federal deficit of $1.8 trillion for the fiscal year 2025 [7][8] - The CBO reports that rising costs in healthcare, social programs, and defense, coupled with tax policies that limit revenue growth, present ongoing fiscal challenges for the U.S. government [7][8] Recommendations and Future Outlook - Dalio suggests that the debt-induced crisis could manifest within two to three years under the current administration, potentially undermining the international status of the U.S. dollar and causing ripple effects in global markets [6][7] - The CRFB calls for urgent reforms to address long-term welfare program funding issues, particularly Medicare and Social Security, which are projected to face insolvency within seven years if not reformed [8]

Core Insights - The gold bar recycling market in Shanghai is experiencing complex and variable trends influenced by global economic uncertainties and geopolitical conflicts, which have increased the demand for gold as a safe-haven asset [3] - The rise in international gold prices has led to a noticeable increase in customer inquiries and transactions related to gold bar recycling [3] - The company, Baoye Bu Jewelry, has seen steady growth in its recycling business, reflecting strong market demand for gold bar recycling services [3] Market Dynamics - The international gold price is on an upward trend, directly impacting local gold bar recycling prices in Shanghai [3] - Increased investment awareness among residents has led to a significant rise in the activity of the gold investment market, resulting in higher trading volumes of gold bars [3] - Changes in market conditions have prompted some investors to recycle their gold bars for cash, further intensifying supply and demand dynamics in the recycling market [3] Company Operations - Baoye Bu Jewelry adheres to principles of professionalism, fairness, and transparency in its gold bar recycling business [5] - The company employs a skilled appraisal team with advanced detection equipment to accurately assess the purity and weight of gold bars [5] - Baoye Bu Jewelry offers competitive recycling prices by closely following international gold price trends and market supply-demand conditions [5] Service Innovations - The company provides customized recycling solutions for high-end clients and those with specific price requirements, allowing for flexible negotiations based on market conditions [5] - Baoye Bu Jewelry has expanded its online service channels, enabling customers to consult recycling prices and schedule services through its website and mobile app [5] Market Challenges - The Shanghai gold bar recycling market faces challenges from increased competition, with some unregulated recyclers entering the market, potentially harming consumer interests [7] - Significant fluctuations in gold prices pose risks to the recycling business, prompting the company to enhance its market analysis and risk management capabilities [7] - Baoye Bu Jewelry is committed to promoting industry standards and ensuring a more regulated and healthy market environment [7] Future Outlook - The future of the Shanghai gold bar recycling market will be influenced by various factors, including the gradual clarification of global economic conditions and potential changes in international gold prices [7] - Baoye Bu Jewelry aims to continuously improve its service quality and professional capabilities to provide superior gold bar recycling services [7] - The company plans to actively participate in the formulation and promotion of industry standards to foster a more robust market [7]

Core Viewpoint - The rapid growth of U.S. government debt is creating a situation reminiscent of the pre-World War II era, posing a serious challenge to the existing order, as warned by Ray Dalio, founder of Bridgewater Associates [2][3]. Debt Growth and Economic Impact - As of October 2025, U.S. national debt is projected to exceed $37.86 trillion, with public debt expected to reach 99% of GDP in 2024 and 116% by 2034, the highest in U.S. history [3][11]. - Dalio emphasizes that rising debt relative to income is squeezing available spending space, threatening the vitality of the U.S. economy [3]. Political and Social Context - The issue of debt is intertwined with increasing social division and geopolitical risks, creating an environment of significant concern [3][4]. - Dalio attributes the debt crisis to political polarization and suggests that a combination of increased tax revenue and spending cuts is necessary to address the debt bomb [3]. Predictions and Warnings - Dalio predicts a "debt-induced heart attack" could occur within two to three years under the current administration, which would weaken the international standing of the U.S. dollar and have ripple effects on global markets [10][11]. - The Committee for a Responsible Federal Budget (CRFB) criticizes the current state of government spending and warns of unsustainable borrowing practices, with projected annual borrowing nearing $2 trillion over the next decade [11][12]. Investment Recommendations - Despite the rising gold prices, Dalio advises investors to allocate up to 15% of their assets in gold, while others, like Jeffrey Gundlach, suggest increasing this allocation to 25% due to inflationary pressures and a weakening dollar [7][8].

Core Viewpoint - The article discusses the rising gold prices and the renewed interest among investors in gold as an asset class, highlighting the significant gains experienced by early investors amid ongoing geopolitical tensions and market volatility [1][12]. Group 1: Gold Price Trends - As of October 8, 2023, international gold prices have increased by over 50% this year, making it one of the best-performing asset classes globally [2][12]. - Gold prices have consistently broken through key levels, reaching historical highs of $4000 per ounce [1][12]. Group 2: Investor Experiences - An investor named Xue Di, who began investing in gold in 2020, has seen substantial returns, with a total investment exceeding 2 million yuan and profits nearing 1.5 million yuan [2][7]. - Another investor, Liu Yun, entered the gold market after discovering gold ETF products, investing heavily as prices rose, and later shifting her strategy from trading to holding physical gold [9][10]. Group 3: Market Dynamics - The World Gold Council attributes the rise in gold prices to geopolitical and economic risks, strong demand for gold ETFs, and consistent central bank purchases [12]. - In China, retail gold investment and consumption reached 518 tons in the first half of 2023, marking a 5% year-on-year increase, with significant inflows into gold ETFs [12]. Group 4: Future Outlook - Goldman Sachs has raised its gold price forecast for December 2026 from $4300 to $4900 per ounce, citing strong demand from central banks and private sectors [13]. - Some analysts warn of potential price corrections due to rapid price increases, with predictions of possible declines to $3525 or $3800 per ounce in the near term [13].

本报（chinatimes.net.cn）记者李明会 见习记者 林佳茹 北京报道 今年以来，"避险之王"黄金大涨。截至10月11日，COMEX黄金期货价格最高触及4038.6美元/盎司。 10月9日，A股（按东财行业分类）13家黄金上市公司股价走出了上涨行情，其中，包括西部黄金、四 川黄金、山东黄金在内的5家公司股价涨停。 值得一提的是，国庆节期间，国际现货黄金价格也是不断创新高，在10月8日历史上首次突破4000美元/ 盎司整数大关，创下历史新高。而国内黄金市场，品牌黄金的每克足金价格也涨至1000元以上。 黄金价格的上涨并未阻止消费者的购买热情，"虽然价格在涨，但这是为妈妈准备的生日礼物，属于刚 需，再贵也会买。"李女士对《华夏时报》记者如此表示。 "过节期间结婚的人多，所以从上个月（节前）开始就有很多人来买金饰了。"某品牌黄金专柜的销售人 员马女士在接受《华夏时报》记者采访时表示，尽管金价持续上涨，但今年黄金饰品消费热度依旧居 高。 在记者采访过程中注意到，不断有顾客前来柜台咨询当前金首饰价格，"该买就得买！儿子儿媳结婚等 着用呢。"陪儿媳挑选金首饰的吴女士向记者表示。 多位金店销售人员向记者表示，除结 ...