Group 1: Gold Price Trends - The London spot gold price reached a historic high of $4059.84 per ounce, influenced by expectations of a Federal Reserve interest rate cut and increased tariffs in the U.S. [1] - As of the morning of the 13th, the gold price was reported at $4047.30 per ounce, reflecting a 0.72% increase [1]. - Last week, international gold prices rose over 2%, driven by strong demand from central banks, expectations of a Federal Reserve rate cut, and uncertainties in the global economic outlook [9]. Group 2: Domestic Gold Jewelry Prices - Domestic gold jewelry prices have increased, with brands like Chow Sang Sang reporting a price of 1188 RMB per gram, up from 1176 RMB, marking a rise of 12 RMB per gram [3]. - Other brands such as Lao Miao and Chow Tai Fook also showed price increases, with Lao Miao at 1189 RMB per gram and Chow Tai Fook at 1190 RMB per gram [3][5]. - The price of 24K gold jewelry is currently around 1189 RMB per gram, with variations among different brands [8]. Group 3: Market Context - The U.S. stock market experienced declines last week, with the Dow Jones falling 2.73%, the S&P 500 down 2.43%, and the Nasdaq decreasing by 2.53%, amid concerns over the impact of a potential government shutdown and rising tariffs [9]. - The geopolitical landscape has also affected commodity prices, with oil prices dropping significantly due to OPEC+ production decisions and easing geopolitical tensions [10].

Core Viewpoint - The international gold price has surged, reaching a historic high of $4005.88 per ounce, driven by various economic and geopolitical factors [1] Group 1: Price Movement - On October 8, the London spot gold price hit a record high of $4005.88 per ounce, marking the first time it has crossed the $4000 threshold [1] - The New York gold futures price had previously closed above the $4000 mark [1] Group 2: Contributing Factors - The surge in gold prices is attributed to the U.S. federal government shutdown and concerns over the sustainability of U.S. debt, which present both short-term and long-term risks [1] - There is an increasing market expectation for multiple interest rate cuts by the Federal Reserve, further supporting the rise in gold prices [1] - Ongoing geopolitical conflicts in various regions around the world are also contributing to the upward pressure on gold prices [1]

Core Viewpoint - International gold prices have surged, with London spot gold reaching an all-time high of $4005.88 per ounce, driven by various economic and geopolitical factors [1] Group 1: Price Movement - On the 8th, international gold prices continued to rise in the Asian trading session, following New York gold futures closing above the $4000 mark [1] - London spot gold prices hit a historic high of $4005.88 per ounce, marking a significant milestone in the gold market [1] Group 2: Contributing Factors - The increase in gold prices is attributed to short-term and long-term risks, including the U.S. federal government shutdown and concerns over U.S. debt sustainability [1] - Market expectations for multiple future interest rate cuts by the Federal Reserve have also contributed to the rising gold prices [1] - Ongoing geopolitical conflicts in various regions around the world are further driving the demand for gold as a safe-haven asset [1]

Core Viewpoint - The article highlights the significant rise in gold prices, with London spot gold reaching a historic high of $4000 per ounce, driven by various economic factors including a declining dollar and market speculation regarding the Federal Reserve's interest rate policies [1][3]. Price Movement - As of the latest update, spot gold is reported at $4000.49 per ounce, reflecting a 0.41% increase, with a year-to-date gain exceeding 50% [3]. - On October 7, COMEX gold futures also hit a new high of $4004.80 per ounce, with a daily trading range between $3963.40 and $4014.60 [3]. Economic Context - The current surge in gold prices is occurring against a backdrop of a weakening dollar, a potential U.S. government shutdown, and speculation that the Federal Reserve may continue to lower interest rates despite high inflation [3]. - Billionaire Ray Dalio has indicated that gold is a safer haven compared to the dollar, drawing parallels between the current market conditions and the inflationary environment of the 1970s when gold prices soared [3].

Core Points - The U.S. federal government has entered a shutdown for the first time in nearly seven years as of October 1, 2023, affecting hundreds of thousands of federal employees who will be forced to take unpaid leave [1] - The shutdown is a result of a failure between the two major political parties to reach an agreement on a new temporary funding bill, primarily due to disagreements over healthcare benefits [1] Impact on Services - The shutdown will lead to the suspension or delay of certain public services, which may affect various sectors reliant on federal operations [1] - Economic data releases will also be impacted, potentially leading to disruptions in economic analysis and forecasting [1]