在经历多轮创纪录上涨后，世界黄金市场于10月22日迎来"急刹车"，现货黄金与黄金期货价格双双大幅 跳水，单日跌幅创下2020年8月以来的5年最深纪录。 这场暴跌源于投资者集中获利了结，叠加美元走强、市场风险偏好回升等因素，同时引发白银、铂金等 其他贵金属同步抛售，让此前一路高歌猛进的贵金属市场陷入短期震荡。 金价暴跌：单日跌幅超5%，抹去近期部分涨幅 10月22日交易时段，黄金价格呈现"断崖式下跌"。数据显示，现货黄金价格单日下跌5.5%，最终报收 4115.26美元/盎司，跌至一周以来的最低水平。 美国12月结算的黄金期货表现更弱，跌幅达5.7%，收于4109.10美元/盎司。这一跌幅不仅打破了近期金 价"连涨惯性"，更成为自2020年8月以来的最大单日跌幅，单日市值蒸发规模显著。 值得注意的是，就在暴跌前一交易日，黄金价格刚刚创下4381.21美元/盎司的历史新高，年初至今的累 计涨幅已达约60%。 从"历史峰值"到"单日暴跌"的快速切换，反映出当前黄金市场的高度敏感性，前期涨幅过快积累的大量 获利盘，在市场出现轻微信号时便触发集中抛售，形成"踩踏式下跌"。 前期暴涨：三重因素支撑，金价一路冲高 回顾此次 ...

Core Viewpoint - The significant drop in gold and silver prices on October 21 is attributed to profit-taking, easing global trade tensions, and a stronger US dollar, which has made precious metals more expensive for buyers [1][3]. Price Movements - On October 21, spot gold experienced a drop of over 5%, falling below $4,130 per ounce, marking the largest daily decline since August 2020. Spot silver saw an even larger decline, dropping over 7% and falling below $49 per ounce [1][3]. - Prior to this drop, gold had surged nearly 3% to surpass $4,300 per ounce on October 16, and silver had increased over 2% to exceed $54 per ounce, both reaching historical highs [3]. Market Influences - Analysts indicate that profit-taking and a reduction in safe-haven demand due to easing trade tensions are primary factors behind the recent price declines. Additionally, news regarding the potential end of the US government shutdown has further diminished market risk aversion [3][5]. - The geopolitical situation, particularly the Russia-Ukraine conflict, has also introduced volatility in the gold market, with European leaders expressing strong support for a ceasefire and increased pressure on Russia [1]. Future Outlook - Analysts from WisdomTree and UBS suggest that while gold prices may continue to rise, the current pace of increase is aggressive, leading to potential pullbacks whenever new highs are reached [5]. - HSBC forecasts that the momentum for gold prices could persist until 2026, driven by strong central bank purchases and ongoing fiscal concerns in the US, with a target price of $5,000 per ounce [6]. - Long-term bullish sentiment on gold remains intact, with factors such as US fiscal deficits and the depreciation of the dollar continuing to support gold as a hedge against currency weakness [6][7].