Core Viewpoint - The recent sharp decline in gold prices, marked by a 5.3% drop on October 21, is seen as a technical adjustment rather than a fundamental shift in the gold market's long-term bullish trend [1][3][13] Market Reaction - On October 21, gold prices fell nearly $300 from a peak of $4,381 per ounce, marking the largest single-day drop in five years [1] - The probability of a complete reversal in gold's upward trend is assessed at only 25% by professional institutions [3] - The market's volatility has raised caution among traders, indicating a shift in short-term sentiment [3] Key Factors Influencing Gold Prices - A sudden decrease in market risk aversion, driven by optimistic signals regarding U.S.-China trade agreements and potential ceasefire in the Russia-Ukraine conflict, has contributed to the sell-off [3] - The strengthening of the U.S. dollar, which rose 0.34% on October 21, has further pressured gold prices, making it more expensive for non-U.S. currency investors [3] Underlying Support for Gold - The long-term bullish logic for gold remains intact despite short-term challenges [5][10] - Key signals to monitor for the gold market include: - Real interest rates: A declining real interest rate environment typically supports gold prices [5] - U.S. dollar trends: Gold remains favorable as long as the dollar does not show a significant upward trend [6] - Gold volatility: Current volatility levels, while heightened, have not reached extreme historical levels, suggesting potential for recovery [8] Central Bank Activity - Global central banks have shown strong demand for gold, with net purchases reaching 1,136 tons in 2024, second only to historical peaks [10] - The People's Bank of China has consistently increased its gold reserves, surpassing 74 million ounces [10] Historical Context and Future Outlook - Historical trends indicate that gold prices often follow a ten-year cycle, with the current bull market lasting 34 months, slightly exceeding historical averages [12] - Structural changes in the global monetary system, including a weakening U.S. dollar credit system, support gold's transition from a traditional safe-haven asset to a "new monetary anchor" [12] - Upcoming economic indicators, such as the U.S. CPI data and Federal Reserve meetings, will be critical for assessing short-term gold price movements [12]

The administration announced its trade investigation on Friday, ahead of a summit between U.S. and Chinese leaders. ...

Core Points - The spokesperson of the Ministry of Foreign Affairs, Guo Jiaqun, emphasized the strategic importance of leader-level diplomacy in China-U.S. relations, highlighting the close communication between the two countries' leaders [1] Group 1 - Guo Jiaqun responded to a question regarding U.S. President Trump's expectation of a trade agreement at the upcoming APEC summit, noting that he currently has no information to provide on the specific issue mentioned [1]

中国青年报客户端北京10月22日电（中青报·中青网记者 国新冠）关于美国总统特朗普日前涉中美贸易 问题的言论，中国外交部发言人郭嘉昆22日下午在例行记者会上应询表示，元首外交对中美关系发挥着 不可替代的战略引领作用，中美两国元首保持着密切的交往和沟通。 记者会上，有记者提问，美国总统特朗普表示，他预计中美会在下周举行的APEC峰会上就贸易问题达 成协议，他也称中美元首届时未必会见面。中方对此有何评论？ 外交部发 言人郭嘉昆。图片来自外交部 "元首外交对中美关系发挥着不可替代的战略引领作用，中美两国元首保持着密切的交往和沟通。"郭嘉 昆说，"关于你提到的具体问题，我目前没有可以提供的信息。" 来源：中国青年报客户端 ...

Group 1 - The core viewpoint of the article emphasizes the importance of high-level diplomatic engagement between China and the United States, particularly in the context of trade negotiations at the upcoming APEC summit [1] - The spokesperson highlighted that the leaders of both countries maintain close communication, which plays a crucial role in guiding the strategic relationship between China and the U.S. [1]

有记者提问，美国总统特朗普表示，他预计在下周举行的APEC峰会上中美会在贸易问题上达成协议， 但他也称，中美元首届时未必会见面。中方对此有何评论？ "元首外交对中美关系发挥着不可替代的战略引领作用，中美两国元首保持着密切的交往和沟通。关于 你提到的具体问题，我目前没有可以提供的信息。"郭嘉昆说。 北京青年报2025-10-22 15:28:25 10月22日，外交部发言人郭嘉昆主持例行记者会。 编辑 | 杨家瑞 文 | 北京青年报记者 董鑫 ...

"关于你提到的具体问题，我目前没有可以提供的信息。"郭嘉昆说。 （文章来源：中国基金报） 据北京日报，10月22日，外交部发言人郭嘉昆主持例行记者会。 法新社记者提问，美国总统特朗普表示，他预计在下周举行的APEC峰会上中美会在贸易问题上达成协 议，但他也称中美元首届时未必会见面。中方对此有何评论？ 郭嘉昆说，元首外交对中美关系发挥着不可替代的战略引领作用，中美两国元首保持着密切的交往和沟 通。 ...

法新社记者提问，美国总统特朗普表示，他预计在下周举行的APEC峰会上中美会在贸易问题上达成 协议，但他也称中美元首届时未必会见面。中方对此有何评论？ 郭嘉昆说，元首外交对中美关系发挥着不可替代的战略引领作用，中美两国元首保持着密切的交往 和沟通。 "关于你提到的具体问题，我目前没有可以提供的信息。"郭嘉昆说。 来源： 北京日报 据北京日报，10月22日，外交部发言人郭嘉昆主持例行记者会。 ...

10月22日，外交部发言人郭嘉昆主持例行记者会。法新社记者提问，美国总统特朗普表示，他预计中美 会在下周举行的APEC峰会上就贸易问题上达成协议，但他称中美元首届时未必会见面。中方对此有何 评论？ 郭嘉昆说，元首外交对中美关系发挥着不可替代的战略引领作用，中美两国元首保持着密切的交往和沟 通。"关于你提到的具体问题，我目前没有可以提供的信息。" 智通财经记者 杨文钦 朱郑勇 责任编辑：刘万里 SF014 ...

来源｜北京日报 编辑｜瑜见 郭嘉昆说，元首外交对中美关系发挥着不可替代的战略引领作用，中美两国元首保持着密切的交往和沟 通。 "关于你提到的具体问题，我目前没有可以提供的信息。"郭嘉昆说。 10月22日，外交部发言人郭嘉昆主持例行记者会。 法新社记者提问，美国总统特朗普表示，他预计在下周举行的APEC峰会上，中美会在贸易问题上达成 协议，他也称中美元首届时未必会见面。中方对此有何评论？ ...