Group 1 - The core viewpoint of the articles indicates a short-term decline in gold prices driven by profit-taking and reduced safe-haven demand, while long-term bullish sentiment remains strong due to ongoing geopolitical uncertainties and monetary policy conditions [4][5][6] - As of October 22, 2025, the gold ETF fund has seen a recent decline of 1.88%, but it has accumulated an increase of 8.82% over the past two weeks [3] - Goldman Sachs maintains a long-term price target of $4,900 per ounce for gold by the end of 2026, highlighting the growing market interest in gold's long-term allocation value [4] Group 2 - The recent short-term sell-off in gold is attributed to multiple factors, including easing trade tensions, a rebound in the US dollar index, and profit-taking by investors [4] - The World Gold Council emphasizes that the gold investment market is not saturated and remains in a relatively low allocation state compared to global stock market valuations, indicating ample growth potential [4][5] - The gold ETF fund has seen significant inflows, with a total of 73.47 billion yuan in net inflows over the past 13 days, averaging 5.65 billion yuan per day [7]