Core Viewpoint - The international gold market has experienced a downward trend, with spot gold prices dropping below $3180 per ounce, marking a new low since April 15 [1][3]. Price Movements - On May 14, spot gold prices fell to $3176.547, down $73.553 or 2.26% from the previous close of $3250.100 [2]. - The highest price recorded on May 14 was $3257.080, while the lowest was $3175.135 [2]. Domestic Gold Prices - As of May 14, several domestic gold retailers have adjusted their prices for gold jewelry, with prices falling below 1000 yuan per gram. For instance, Chow Sang Sang's gold jewelry was priced at 992 yuan per gram, up 1 yuan from the previous day, while Lao Feng Xiang's price dropped by 5 yuan to 990 yuan per gram [3]. - Compared to May 11, Chow Sang Sang's price has decreased by 29 yuan per gram, and Chow Tai Fook's price has dropped by 30 yuan per gram [3]. Market Outlook - According to Wang Youxin from the Bank of China Research Institute, short-term gold prices may continue to fluctuate due to high market risk appetite and ongoing adjustments in trade conditions. However, there may be resistance and support levels that could lead to price volatility [4]. - In the medium to long term, there is potential for gold prices to rebound as the safe-haven and anti-inflation attributes of gold become more prominent, especially as major central banks remain in a loose monetary policy cycle [4].