陆伟佳谈到，高价黄金继续抑制黄金的实物消费，但投资需求持续高涨，弥补了实物消费的低迷。9月 份全球黄金ETF持仓量增加了360万盎司，达到9720万盎司，为自2022年9月以来的最高水平，年初至今 增长了17%。9月最后一周黄金ETF资金流入持续，持仓进一步增加了60.3万盎司。中国央行9月继续增 持黄金4万盎司，连续11个月增持，美元美债影响力若继续下滑，各国央行将购金持续，黄金价格依旧 存在支撑。贺利氏预计，黄金价格短期料在3900-4500美元/盎司区间波动。 （刘丽丽） 责任编辑：韦子蓉 10月16日消息，关于黄金的价格走势，贺利氏贵金属中国区交易总监陆伟佳表示，预计黄金价格短期料 在3900-4500美元/盎司区间波动。 近期伦敦金一路上涨，冲破4000美元/盎司大关后一路走高，创下接近4180美元/盎司的新纪录。陆伟佳 表示，虽然近期巴以冲突出现缓和迹象，但美国政府停摆、法国政坛动荡以及日本新首相即将上台等国 际事件加剧了全球政治不确定风险。与此同时，特朗普在周末对中国贸易关税的强硬表态再度为黄金提 供了支撑。随着9月美联储9月重启降息，美元宽松周期进入新阶段。但近期美国政府停摆悬而未决，导 致非 ...

Core Viewpoint - ANZ Bank predicts that spot gold prices will rise to $4,400 by the end of 2025 and reach a peak of $4,600 by June 2026, with lower growth expected in the second half of 2026 as the Federal Reserve ends its easing cycle [1] Group 1: Gold Price Forecast - By the end of 2025, spot gold is expected to reach $4,400 [1] - A peak price of $4,600 for gold is anticipated by June 2026 [1] - Concerns over the Federal Reserve's independence, political uncertainty, trade issues, geopolitical tensions, and rising debt will sustain strategic investment interest in gold [1] Group 2: Silver Price Forecast - Spot silver is projected to reach a peak of $57.50 by June 2026 [1] Group 3: Risks and Considerations - The Federal Reserve's hawkish stance and stronger-than-expected U.S. economic growth may pose downside risks to gold prices [1]

Core Insights - The most actively traded December 2025 gold futures on the New York Commodity Exchange rose by $26.6 to close at $4159.6 per ounce, marking a 0.64% increase [1] - December gold futures reached a historical high of $4190.90 per ounce overnight, while December silver futures hit a record high of $52.495 per ounce, although both closed significantly lower than their overnight peaks [1] - Federal Reserve Chairman Jerome Powell indicated that the Fed will adjust interest rate policies based on economic outlook and risk balance rather than a predetermined path, with expectations of a 25 basis point rate cut later this month and another in December [1] - Despite recent consolidation risks for gold and silver, Bank of America maintains that both will continue their upward trend, forecasting prices of $5000 per ounce for gold and $65 for silver next year [1] - Technically, December gold futures show strong bullish momentum, with the next target being a breakout above the solid resistance level of $4300, while bears aim for a drop below the strong support level of $3900 [1] - December silver futures fell by 8.4 cents to close at $50.345 per ounce, reflecting a 0.17% decrease [1]

Core Insights - The international spot gold price has strengthened, reaching a peak of $4,179 per ounce on October 14, indicating a bullish trend in the gold market [1][2] - Domestic gold jewelry prices, specifically from Chow Sang Sang, have increased to 1,213 RMB per gram, marking a rise of 400 RMB per gram within the year [1][2] - An expert from the Ministry of Industry and Information Technology suggests that the current high gold prices are supported by market consensus, but the stability is questionable, indicating potential volatility in the short term [1][2] Market Dynamics - The short-term outlook for gold prices shows upward momentum, while the long-term perspective suggests a potential peak followed by a decline [1][2] - The primary reasons for a possible decrease in gold prices include central bank sell-offs to stabilize local currencies and high prices leading to investor hesitation [1][2] - The expert notes that while a bull market does not signal an immediate peak, a peak will eventually occur, highlighting the cyclical nature of the gold market [1][2]

钛媒体App 10月14日消息，10月14日，现货黄金继续走强，截至发稿，国际现货黄金一度升至4179美 元/盎司。反观国内，从已更新的情况来看，周生生金饰价格涨至1213元/克。金饰克价年内已涨400 元。 金价热度何时退潮？工信部信息通信经济专家委员会委员盘和林认为，因为黄金本身已经在高位，其价 格支撑依赖广泛市场共识，所以金价稳定性也不是很好。他认为，短期金价依然有上冲动力，但长期来 看，依然是冲高回落的态势。他表示，主要导致黄金下跌的因素可能是央行抛售黄金来稳定本币，又或 者是黄金价格过高，导致投资人望而却步。总之，趋势转折是个漫长的过程。"有时候，牛市不言顶， 但顶终归会出现"。（国是直通车） ...

Group 1 - The spot gold price reached a historical high of $4,100 per ounce on October 13 and continued to rise, reaching $4,158.06 per ounce on October 14, marking a 1.19% increase [1][3] - Domestic jewelry brands in China have seen significant increases in the price of 24K gold jewelry, with prices for brands like Laomiao Gold reaching 1,218 RMB per gram, and other brands like Chow Tai Fook and Luk Fook also increasing to around 1,215 RMB per gram [1][3] - The year-to-date increase in the price of domestic 24K gold jewelry is nearly 50%, with the average price at the beginning of the year being approximately 810 RMB per gram [3] Group 2 - There has been a noticeable increase in consumer inquiries about gold prices in physical jewelry stores, although actual transactions are primarily driven by wedding and essential needs due to high prices, leading to a slowdown in investment purchases [3] - Analysts suggest that global geopolitical uncertainties and monetary policy expectations from major economies continue to support gold prices, but caution that the current high prices may require consumers to approach purchases with a rational mindset to avoid impulsive buying [3]

Core Insights - The recent surge in gold prices has sparked comparisons to the late 1970s, leading investors to assess whether the price surpassing $4,000 per ounce indicates a continuation of the trend or a potential reversal [2] - The World Gold Council (WGC) emphasizes that the psychological and technical significance of price milestones should not overshadow the fundamental drivers of gold's performance, such as the duration and core factors of the current bull market [2][4] - The primary driver of the recent gold price increase is a surge in investment demand, particularly from Western investors, amid geopolitical tensions, a weakening dollar, and concerns over stock market corrections [2][4] Price Movement and Historical Context - Gold prices rose from $3,500 to $4,000 in just 36 days, significantly faster than the historical average of 1,036 days for similar price increases [2][3] - The current bull market's duration and magnitude remain below historical averages, with the latest $500 increase corresponding to a relative gain of only 14% [2][4] ETF and Market Dynamics - From late August to the present, gold ETFs have seen an influx of $21 billion, totaling $67 billion for the year, indicating heightened investor interest [4] - Despite strong inflows, current gold ETF holdings are still 2% below the peak of 3,929 tons in November 2020, with only 128 tons added during the recent $500 price increase [4][5] - The current gold ETF bull market began in May 2024 and has lasted 74 weeks, with holdings increasing by 788 tons, which is only 30% to 40% of the historical average during previous bull markets [6] Tactical and Strategic Considerations - Short-term challenges for gold prices include potential profit-taking, strategic rebalancing by investors, and technical indicators suggesting overbought conditions [8][9] - Long-term support for gold prices is expected to come from a diversified investor base, ongoing macroeconomic changes, and policy uncertainties [8][9][11] - Factors such as a weakening dollar, persistent geopolitical tensions, and high inflation may continue to bolster gold's appeal as a safe-haven asset [9][10] Conclusion - The recent milestone of gold surpassing $4,000 per ounce marks a significant point, with future price movements likely influenced by both tactical and fundamental factors [8][11] - The WGC suggests that while comparisons to 1979 are tempting, they may be misleading, and the strategic advantages of gold as an investment remain robust [11]

Core Insights - The gold market experienced a significant surge, with prices breaking the $4000 per ounce mark, marking an eight-week consecutive rise and setting a historical high [1] - The increase in gold prices reflects strong bullish momentum and heightened interest from global investors in safe-haven assets [1] Market Performance - Gold opened at $3890.51, quickly rising to $3974 before a slight pullback, and then surged to $3986 due to strong buying pressure [1] - On Tuesday evening, Asian traders pushed gold prices above $4000, reaching a peak of $4060, before a brief decline to around $3950 on Thursday, followed by a rebound above $4000 by the weekend [1] Market Sentiment and Technical Analysis - Market sentiment has begun to diverge, with about half of Wall Street bullish analysts shifting to a neutral stance, while retail investor optimism has waned [3] - Analysts suggest that after eight weeks of gains, gold may face a technical correction, although the overall bullish trend remains intact [3] - A potential short-term pullback could occur if gold prices fall below the $3950 support level, but ongoing risks such as government shutdowns and Federal Reserve policies may continue to support upward momentum [3] Geopolitical and Macroeconomic Factors - Geopolitical conflicts, political uncertainty, a weak dollar, and potential interest rate cuts are identified as key drivers for the rise in gold prices [4] - The rapid recovery of gold prices from corrections indicates sustained bullish momentum in the market [4] Investor Sentiment and Institutional Views - A Kitco survey revealed that 47% of analysts are bullish on gold prices, while 69% of retail investors share a positive outlook [5] - The current gold price movements are increasingly decoupled from the dollar and U.S. Treasury yields, resembling a momentum-driven trade [6] Short-term Warnings and Long-term Outlook - Analysts caution that while gold has reached historical highs, a technical correction is likely in the short term [7] - If gold's share in global foreign reserves increases to match that of the dollar, prices could potentially rise to $8500 per ounce [7] - The long-term outlook remains positive due to central bank gold purchases, declining interest rates, and ongoing demand for safe-haven assets [7]

Core Viewpoint - The recent surge in gold prices, reaching historical highs, has led to a subsequent pullback, raising questions about whether this is a temporary market reaction or a long-term value reassessment [1] Group 1: Gold Price Movement - On October 8, gold futures prices on the New York Commodity Exchange peaked at $4,081 per ounce, while London gold reached $4,059 per ounce, both showing an increase of over $200 since October 1 [1] - On October 9, gold prices began to retreat, and by October 10, futures prices fell below the $4,000 mark [1] Group 2: Domestic Gold Jewelry Prices - Domestic prices for gold jewelry have continued to rise, with brands like Chow Tai Fook and Chow Sang Sang reporting prices of 1,168 yuan per gram on October 10, an increase of 45 yuan per gram since September 30 [1] Group 3: Market Sentiment - The strong upward movement in gold prices has prompted discussions regarding whether it is driven by short-term market sentiment or indicative of a broader long-term valuation shift [1]

Group 1: Gold Price Dynamics - The current spot gold price in London is reported at $3984 per ounce, while the gold price is at $4001 per ounce, showing a slight difference [1] - The international gold price has increased by $50.27, reaching $4034.61 per ounce, with a trading range between $3983.02 and $4040.25 per ounce [15] - Various jewelry brands have different gold prices, with Chow Sang Sang at 1164 RMB, down 10 RMB from the previous day, while other brands like King Fook and Chao Hong Ji remain stable at 1168 RMB [1][2][4][5][6][7] Group 2: Silver and Other Precious Metals - The current spot silver price is $49.6 per ounce, while the international silver price has risen to $48.68 per ounce, an increase of $0.88 [1][15] - Platinum is priced at $1676.34 per ounce, up by $26.54, while palladium has seen a significant rise to $1422.50 per ounce, increasing by $49.10 [15][16] Group 3: Future Price Predictions - Short-term predictions suggest gold prices will fluctuate, potentially finding a bottom around $3800 if the Federal Reserve does not adjust interest rates [20] - Mid-term forecasts indicate that gold prices could reach $4200 as the interest rate cycle begins, supported by a potential 75 basis point cut in 2025 [21] - Long-term expectations suggest gold may approach $5000 due to the instability of the dollar and rising inflation, reinforcing gold's status as a "ultimate currency" [22]