然而，市场并非一片悲观，也有不少乐观的预期存在。花旗银行就上调了未来三个月的金价预测。该银行指 出，美国经济和通胀前景正在恶化，美元走弱将成为金价上涨的有力支撑。美元与黄金通常呈现负相关关 系，当美元走弱时，黄金的吸引力会相对增强，从而推动金价上涨。Adrian Day也持类似观点，他认为就业 数据增加了9月美联储降息的可能性。一旦美联储降息，市场流动性将增加，资金可能会流向黄金市场，推 动黄金价格在未来一周延续走高态势。 综合来看，金价这局确实挺难猜。一方面，地缘因素缓和和技术性卖盘增加让金价短期内承受巨大压力；另 一方面，美国经济和通胀前景变化以及美联储可能的降息举措，又为金价上涨带来了一丝希望。对于投资者 来说，面对如此复杂多变的金价走势，需要保持冷静和理性，密切关注市场动态，根据自身的风险承受能力 和投资目标，谨慎做出投资决策。毕竟，在金融市场这个充满变数的舞台上，只有做好充分准备，才能在风 云变幻中把握机遇，规避风险。 最近金价走势可谓跌宕起伏，让投资者们的心也跟着七上八下。10月27、28日，国际金价先后失守4000、 3900美元关口，这一消息犹如一颗重磅炸弹，在金融市场掀起轩然大波。国内金饰克 ...

最近，黄金市场可真是不平静，就像坐过山车一样刺激。10 月 20 日的时候，国际金价一路猛涨，创下历史新高，每盎司达到了 4381 美 元 ，当时市场里那叫一个热闹，投资者们都兴奋得不行，觉得黄金这波行情还能继续涨，都在期待着大赚一笔。 谁能想到，这兴奋劲儿还没过，市场就来了个大反转。短短几天后，到了 10 月 28 日，伦敦现货黄金价格就像断了线的风筝一样，直线 下跌，直接跌破了 3900 美元 / 盎司 。这几天的跌幅可不小，从高点跌了快 500 美元，单日跌幅更是创下了 12 年来的最大纪录。这突如 其来的大跌，可把不少投资者打了个措手不及。那些之前追高买入的人，本来满心欢喜等着赚钱，结果一下子就被套住了，心里别提多 难受。市场情绪也从之前的狂热，一下子变得谨慎起来，大家都开始担心，这黄金价格是不是还得继续跌。 这轮金价大跌，背后原因不简单 这轮金价突然大跌，可不是一个原因造成的，背后藏着好几个关键因素。 先说说全球 "避险情绪" 降温这件事。之前，中美经贸关系有点紧张，俄乌冲突也一直没完全解决，大家心里都不踏实，就想着买点黄金 避险。毕竟黄金这东西，一直被当成避险的好选择，局势越不稳定，它就越受关注。 ...

Core Viewpoint - International gold prices have recently fallen below key psychological and technical support levels, indicating a shift in market sentiment and potential selling pressure from investors [1][2]. Group 1: Price Movements - As of October 28, international gold prices dropped to $3901.3 per ounce on COMEX, with a maximum decline of 2.95%, while London spot gold fell to $3886.199 per ounce, with a maximum decline of 2.4% [1]. - Domestic gold jewelry prices have also seen significant reductions, with brands like Chow Tai Fook and Chow Sang Sang lowering their prices to 1198 RMB per gram and 1199 RMB per gram, respectively, reflecting a decrease of 25 RMB and 24 RMB per gram from the previous day [1]. Group 2: Influencing Factors - The decline in gold prices is attributed to three main factors: easing trade tensions among major economies, increased technical selling due to profit-taking after a rapid price increase, and the market's full digestion of Federal Reserve interest rate cut expectations [1][2]. - The breach of the $4000 mark is seen as a critical psychological threshold that could trigger algorithmic selling, further exacerbating the downward trend and affecting investor confidence [2]. Group 3: Market Outlook - Despite the current downward pressure on gold prices, the situation differs from historical long-term bear markets, as factors such as a potentially weaker dollar, ongoing global liquidity expansion, central bank gold purchases, geopolitical risks, and inflation expectations may support gold prices in the long run [4]. - After the short-term pressure is released, there is potential for gold prices to stabilize and consolidate [4].

Core Viewpoint - Gold prices have experienced significant fluctuations, recently breaking below and then recovering above the $4000 per ounce mark, influenced by geopolitical factors and market sentiment [1][3][4]. Price Movements - On October 28, spot gold opened at $3981.66 per ounce and later rose to $4011.48 per ounce, recovering from a dip below $4000 on October 27, where it reached a low of $3973 per ounce [1][5]. - On October 27, gold prices fell by 2.8%, marking the first time since October 10 that prices dropped below $4000 per ounce [1]. Market Influences - The recent decline in gold prices is attributed to a reduction in safe-haven demand due to easing U.S.-China trade tensions and complex expectations regarding the Federal Reserve's interest rate decisions and global economic outlook [3]. - Technical selling pressure contributed to the drop, as investors took profits after a rapid increase in gold prices from $3800 to $4400 in the first three weeks of October [3]. Future Outlook - Analysts suggest that gold prices may continue to face downward pressure in the short term due to strong global stock markets, rising U.S. Treasury yields, and reduced safe-haven appeal [4]. - Despite short-term pressures, long-term factors such as geopolitical risks, inflation expectations, and ongoing central bank gold purchases may provide support for gold prices [4].

Group 1 - The core viewpoint of the article indicates that the easing of tensions in the US-China trade war has led to improved risk appetite, resulting in gold prices dropping below $4000 per ounce for the first time since mid-October, reaching a low of $3971 per ounce [1] - The US Treasury Secretary stated that a "very substantial framework agreement" was reached during the two-day talks in Kuala Lumpur, and the US is "no longer considering" imposing a 100% tariff on China [1] - Market expectations suggest a 97% probability of a 25 basis point rate cut by the Federal Reserve this week, which typically benefits gold as it does not yield interest [2] Group 2 - FPG analyst Felix noted that aside from technical selling, gold is declining further due to the fading trade tensions that previously drove prices from $3800 to $4400 per ounce in the first three weeks of October [3] - The Relative Strength Index (RSI) remains bullish but is about to turn bearish, with gold prices likely to consolidate in the $3900-$4000 per ounce range [3] - The discussions in Malaysia led to preliminary agreements on issues such as export controls and fentanyl, renewing market optimism regarding a US-China trade agreement, which may have contributed to the recent drop in gold prices [3] Group 3 - FPG analyst Chad pointed out that with gold closing below $4000 per ounce, short sellers may target the October 9 low of $3944 per ounce, and if that level is breached, the next target would be the October low of $3899 per ounce [4] - If gold rebounds and stays above $4000 per ounce, the next resistance level would be $4100, followed by the October 22 high of $4161 per ounce [4] Group 4 - Current market indicators for gold (XAUUSD) show a bearish daily direction with resistance levels at $4025, $4046, and $4060, while support levels are at $3998, $3978, and $3948 [5]

Group 1 - LME aluminum prices have declined for three consecutive days, reaching their lowest level in nearly two weeks due to the potential end of the Russia-Ukraine conflict, which may increase supply from Russia [1] - As of August 19, LME three-month aluminum fell by $25, or 0.97%, closing at $2,563.5 per ton, with an intraday low of $2,561, the lowest since August 6 [1] - The LME has banned the inclusion of aluminum produced in Russia after April 2024 in its warehousing system, leading many companies to refuse Russian materials [6] Group 2 - Other base metals also experienced price changes, with three-month copper down by $41, or 0.42%, closing at $9,692 per ton, and three-month zinc down by $8.5, or 0.31%, closing at $2,768.5 per ton [2][3] - Three-month tin saw an increase of $148, or 0.44%, closing at $33,850 per ton, with Indonesia's refined tin exports in July rising by 11.2% year-on-year [8] Group 3 - The strengthening of the US dollar has made dollar-denominated commodities more expensive for buyers using other currencies, adding pressure to the metals market [7] - Investors are awaiting policy cues from the Federal Reserve's annual symposium in Jackson Hole, contributing to market volatility [6]