Core Viewpoint - The article discusses the recent decline in spot gold prices, with Shanghai gold dropping over 4% in a single day, while also highlighting rumors that gold may be classified as a High-Quality Liquid Asset (HQLA), which could significantly increase investment demand for the remainder of the year, providing some support for gold prices [1]. Group 1 - Spot gold prices have been continuously declining, with a notable drop of over 4% in Shanghai gold on the day of reporting [1]. - There are market rumors suggesting that gold may be classified as a High-Quality Liquid Asset (HQLA) [1]. - It is anticipated that investment demand for gold will increase significantly for the rest of the year, potentially providing support for gold prices despite the current decline [1].