Core Viewpoint - The international gold price experienced a significant drop of over 5% on October 21, marking the largest single-day decline in five years, primarily due to profit-taking by investors and easing concerns over international trade tensions [1]. Group 1: Price Movement - On October 21, the international spot gold price fell approximately 5.3% to $4,123.85 per ounce, with an intraday drop of 6.3%, the largest decline in over a decade [1]. - Since late August, gold prices surged from around $3,300 per ounce to over $4,000, driven by geopolitical changes, global economic uncertainty, and actions by central banks [1]. - Year-to-date, international gold prices have increased by about 60% [1]. Group 2: Market Influences - The recent decline in gold prices is attributed to several factors, including profit-taking by investors, a recovery in risk appetite, and reduced concerns over international trade tensions [1]. - Analysts believe that the long-term driving factors behind the recent surge in gold prices remain intact, suggesting a potential recovery in gold prices in the coming months [1].

Core Viewpoint - The article discusses the recent adjustments in domestic fuel prices in China, highlighting a decrease due to falling international oil prices, which is expected to lower transportation costs for consumers and businesses [2][3]. Price Adjustment Summary - As of October 13, 2023, domestic gasoline and diesel prices have been reduced by 75 yuan and 70 yuan per ton, respectively, following a trend of price adjustments that have seen six increases, eight decreases, and six instances of no change this year [2]. - The price reduction translates to a decrease of approximately 0.06 yuan per liter for 92 and 95 octane gasoline and 0 yuan for 0 diesel, resulting in a savings of about 3 yuan for filling a 50-liter tank [2]. Market Context - The article notes that the international oil market has shown a weak trend this year, with more price decreases than increases, leading to current domestic fuel prices being about 0.1 yuan lower per liter compared to the same period last year [3]. - The recent price adjustments come after a period of over three months without any increases since the last price hike on July 1, 2023 [3]. International Oil Price Trends - The article outlines that the international oil prices have been primarily on a downward trend, influenced by geopolitical factors and market expectations regarding oil supply and demand [4]. - Recent events, such as the agreement between Israel and Hamas and concerns over U.S. trade policies, have contributed to fluctuations in oil prices, with WTI crude oil prices dropping below 60 USD, marking a decline of over 5% [4]. Future Outlook - The next price adjustment window is set for October 27, 2023, with expectations of further price reductions due to OPEC+ increasing production and ongoing concerns about global economic conditions and oil supply [4].

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 oil prices are set to decrease in October following a significant drop in international oil prices, with domestic gasoline and diesel prices expected to be lowered by approximately 75 yuan per ton, translating to a reduction of around 0.07 yuan per liter [1][2] Group 1: Oil Price Adjustments - The first oil price adjustment in October is anticipated to result in a decrease after two previous months of price stability [1] - As of October 11, the average price of reference crude oil was $64.30 per barrel, with a change rate of -1.37% [1] - The international oil prices experienced a sharp decline on October 10, with New York crude futures dropping 5.32% to $58.24 per barrel, marking a five-month low [1] Group 2: Factors Influencing Oil Prices - The decline in oil prices is attributed to several factors, including threats from the U.S. President to raise tariffs, which heightened concerns over worsening international trade tensions [2] - OPEC has been increasing supply to the market over the past few months, altering the supply-demand dynamics [2] - A significant shift in the Middle East situation, particularly the ceasefire agreement between Israel and Hamas, is expected to reduce geopolitical risk premiums and improve oil supply expectations [2] Group 3: Domestic Oil Price Trends - Since the last domestic oil price adjustment on August 26, there have been no changes for over a month and a half, with two adjustments postponed [2] - Year-to-date, domestic oil prices have experienced "six increases, seven decreases, and six suspensions," resulting in a net effect where the price of 92-octane gasoline in Zhejiang Province has decreased by 0.32 yuan per liter [2]

Core Viewpoint - The article discusses the upcoming adjustment of oil prices in October, indicating a shift from previous stability to a decrease in prices due to recent market conditions and geopolitical factors [1][4]. Price Adjustment Summary - The first oil price adjustment for October is set for October 13, with a projected decrease of 75 yuan per ton for gasoline and diesel, translating to a reduction of approximately 0.07 yuan per liter [1]. - As of October 11, the average price of reference crude oil was 64.30 USD per barrel, with a change rate of -1.37% [1]. - The international oil prices experienced significant drops on October 10, with New York crude futures falling by 5.32% to 58.24 USD per barrel, marking a five-month low, and Brent crude futures dropping by 4.8% to 62.09 USD per barrel [1][4]. Market Influences - The decline in oil prices is attributed to several factors, including threats from the U.S. President to raise tariffs, ongoing increases in supply from OPEC, and a de-escalation of geopolitical tensions in the Middle East following a ceasefire agreement between Israel and Hamas [4]. - Domestic oil prices have not been adjusted since August 26, with two previous adjustments being suspended, leading to a total of six increases, seven decreases, and six suspensions in price changes this year [4].

Core Viewpoint - The oil prices are set to decrease in October following a significant drop in international oil prices, marking a shift from previous stability in September [1][4]. Group 1: Oil Price Trends - On October 10, international oil prices experienced a sharp decline, with New York crude futures falling by 5.32% to $58.24 per barrel, the lowest in five months, and Brent crude futures dropping by 4.8% to $62.09 per barrel [1][4]. - Year-to-date, New York crude futures have decreased by 18.8%, while Brent crude futures have fallen by 16.81% [1][4]. Group 2: Factors Influencing Oil Prices - The decline in oil prices is attributed to several factors, including threats from the U.S. President to significantly increase tariffs, raising concerns about worsening international trade tensions [4]. - Additionally, OPEC has been increasing supply to the market, altering the supply-demand dynamics [4]. - A significant geopolitical shift in the Middle East, particularly the ceasefire agreement between Israel and Hamas, is expected to reduce geopolitical risk premiums and improve oil supply expectations [4]. Group 3: Domestic Oil Price Adjustments - Since the last domestic oil price adjustment on August 26, there have been no changes for over a month, with two adjustments being shelved during this period [4]. - Domestic oil prices have experienced "six increases, seven decreases, and six suspensions" this year, resulting in a net effect where the price of 92-octane gasoline in Zhejiang Province has decreased by 0.32 yuan per liter [4].

Group 1 - The core viewpoint of the article highlights the significant decline in the US stock market, driven by ongoing government shutdown and heightened trade tensions due to President Trump's threats to increase tariffs [1] - The US government shutdown has entered its tenth day with no signs of resolution, contributing to a tense global market atmosphere [1] - Major stock indices experienced a synchronized drop, indicating a clear increase in investor risk aversion [1] Group 2 - Notable domestic investor Chen Xiaoqun shared his position on social media, expressing a sense of relief despite potential losses, which has drawn attention within the industry [1] - Commentary from financial blogger @混沌与概率1997 reflects a mixed sentiment among investors, with some feeling reassured while others express significant losses [2]

Market Performance - Major indices in the US and Europe experienced significant declines, with the Dow Jones down by 1.90% to 45479.6, Nasdaq down by 3.56% to 22204.43, and S&P 500 down by 2.71% to 6552.51 [2] - Asian markets showed mixed results, with the Shanghai Composite down by 0.94% to 3897.03 and the Hang Seng Index down by 1.73% to 26290.32, while the Taiwan Weighted Index increased by 0.88% to 27301.92 [2] Trade Tensions - President Trump threatened to significantly raise tariffs in response to stricter export controls on rare earth minerals by other countries, raising concerns about escalating international trade tensions [2] Government Actions - The White House budget director announced the formal initiation of federal employee layoffs as the government shutdown entered its 10th day, with the Department of Education confirmed to be included in the layoffs [3] - The Trump administration reached an agreement with AstraZeneca to sell drugs at "most favored nation" pricing on a new government website, in exchange for tariff exemptions on pharmaceuticals [4] International Relations - Ongoing discussions between the US and Ukraine regarding the potential supply of "Tomahawk" cruise missiles, with Russia responding by indicating it would enhance its air defense capabilities if such supplies were made [4] Corporate Developments - OpenAI plans to invest up to $25 billion in a 500 MW data center in Argentina, marking its first venture into South America [5] - Apple is in late-stage negotiations to acquire computer vision startup Prompt AI, aiming to enhance its HomeKit and Vision Pro technologies [5] - Nvidia led a $2 billion funding round for Reflection AI, with an investment of $800 million, positioning the company to compete with DeepSeek in the open-source AI space [5] Regulatory Actions - China's market regulator announced an investigation into Qualcomm for failing to legally declare its acquisition of Israeli automotive chip design firm Autotalks, leading to a 7.29% drop in Qualcomm's stock price [6]

Market Performance - US stock markets experienced a significant decline, with the Dow Jones falling by 1.9%, the Nasdaq dropping by 3.56%, and the S&P 500 decreasing by 2.71%, marking the largest single-day drop since April [1][2] - For the week, the Dow Jones accumulated a decline of 2.73%, the Nasdaq fell by 2.53%, and the S&P 500 decreased by 2.43% [2] Technology Sector - Major technology stocks saw widespread losses, with Broadcom down nearly 6%, Tesla down over 5%, Amazon down nearly 5%, Nvidia down over 4%, and Apple, Meta, Microsoft, and Google all declining by more than 2% [3] - The Nasdaq Golden Dragon China Index fell by 6.1%, with notable declines in popular Chinese stocks such as NIO and Kingsoft Cloud, both down over 10%, and Baidu, Alibaba, and XPeng all down over 8% [3] European Market - European stock indices also closed lower, with the Euro Stoxx 50 down by 1.69%, the UK FTSE 100 down by 0.87%, the French CAC 40 down by 1.53%, the German DAX 30 down by 1.68%, and the Italian FTSE MIB down by 1.74% [5] Cryptocurrency Market - The cryptocurrency market faced a sharp decline, with Bitcoin dropping below $110,000, experiencing a 9% decrease [5] - In the last 24 hours, nearly 1.52 million traders faced liquidation, with total liquidations reaching approximately $9.57 billion [6] US Government Actions - President Trump threatened to significantly increase tariffs in response to stricter export controls on rare earth minerals by other countries, raising concerns about worsening international trade relations [8] - The US government shutdown has entered its tenth day, leading to the initiation of federal employee layoffs as part of a plan to reduce the size of the federal government [10][11] Commodity Prices - International gold prices rose, with COMEX gold futures increasing by 1.58% to $4,035.5 per ounce, marking a weekly increase of 3.15% [12] - In contrast, international oil prices fell sharply, with WTI crude oil futures down by 4.24% to $58.90 per barrel, and Brent crude oil futures down by 3.82% to $62.73 per barrel [12]

Market Overview - US stock markets experienced a significant decline, with the Dow Jones falling by 1.9%, the Nasdaq dropping by 3.56%, and the S&P 500 decreasing by 2.71%, marking the largest single-day drop since April [1][2] - Major technology stocks also saw substantial losses, with Broadcom down nearly 6%, Tesla over 5%, and Amazon close to 5% [3] Trade Tensions - President Trump threatened to significantly increase tariffs in response to stricter export controls on rare earth minerals by other countries, raising concerns about worsening international trade relations [7] - The potential tariff increases are part of a broader strategy to counteract actions taken by other nations, as stated by Trump on his social media platform [7] Government Shutdown and Layoffs - The US federal government has entered its tenth day of shutdown, leading to the initiation of employee layoff procedures as confirmed by the White House [8][9] - The layoffs are part of a plan to reduce the size of the federal government, with the Department of Education also included in the latest round of cuts [10] Commodity Prices - International gold prices rose, with COMEX gold futures increasing by 1.58% to $4035.5 per ounce, marking a weekly gain of 3.15% [11] - Conversely, international oil prices fell sharply, with WTI crude oil futures down 4.24% to $58.90 per barrel, and Brent crude oil futures down 3.82% to $62.73 per barrel, reflecting a weekly decline of 3.25% and 2.8% respectively [12]