（文章来源：每日经济新闻） 每经AI快讯，周五（11月21日）纽约尾盘，现货黄金跌0.26%，报4066.21美元/盎司，本周累计下跌 0.44%。COMEX黄金期货涨0.10%，报4064.20美元/盎司，本周累跌0.73%。 ...

Core Viewpoint - The gold market is experiencing extreme volatility, raising questions about whether it has reached a turning point and what larger shifts may be forthcoming [1] Market Dynamics - Recent fluctuations in gold prices have been dramatic, with prices dropping from $4025 to $3945, and domestic prices falling from over 1000 to just above 900 [3] - Despite the loss of confidence among retail investors, central banks continue to buy gold, with China increasing its reserves by several tons over three months, indicating a long-term value recognition [3] - The Federal Reserve's monetary policy, currently at a 3.75% interest rate, adds uncertainty to the gold market, contributing to its volatility [3] Investor Behavior - Investor experiences vary widely, with some suffering significant losses while others profit through strategic buying at lower prices [4] - A specific investor strategy involves buying when prices dip and selling during rebounds, demonstrating the potential for profit even in a volatile market [4] Technical Analysis - The technical outlook for gold is concerning, with a two-week decline in weekly prices and a critical support level at $3850; a breach of this level could lead to further declines [4] - The largest gold fund recently reduced its holdings by four tons, and a decrease in trading volume has raised suspicions among market participants [4] - Current gold prices are fluctuating between $3960 and $4045, with a focus on the $4030 weekly closing price as a potential pivot point [4] Future Outlook - The future trajectory of gold prices remains uncertain, heavily influenced by the Federal Reserve's policy decisions; a failure to lower interest rates could lead to a sharp decline in prices [5] - Historical precedents show that unexpected events, such as government shutdowns, can lead to significant price increases, adding to the unpredictability of the market [5] - Investors are advised to adopt cautious strategies, including phased buying and strict stop-loss measures, while closely monitoring key price levels to navigate the volatile gold market [5]

Group 1: Gold Market - The gold market experienced a significant decline last week, with spot gold closing down $138.26, a drop of 3.25%, ending at $4,112.65 [1] - Currently, gold is trading around $4,036, indicating continued downward pressure [1] Group 2: U.S. Economic Indicators - The total U.S. national debt has surpassed $38 trillion, with a recent downgrade of the U.S. sovereign credit rating from "AA" to "AA-" by Scope Ratings due to deteriorating public finances and governance standards [6] - The Federal Reserve is expected to announce a 25 basis point rate cut, bringing the target range to 3.75%-4% during its meeting on October 28-29 [9] - There is uncertainty regarding the release of inflation data next month due to a government shutdown, which could complicate the Fed's decision-making process [10] Group 3: International Relations and Conflicts - Pakistan's defense minister warned of "full-scale war" if no agreement is reached during talks with Afghanistan in Istanbul [14] - The ongoing conflict between Russia and Ukraine has escalated, with Russia targeting Ukrainian defense and energy infrastructure, leading to temporary power outages in Ukraine [16] - A joint statement from multiple Western nations, including Canada and the EU, emphasized support for Ukraine and the need for a ceasefire [17]

近期，黄金价格又双叒叕成了大家茶余饭后的谈资。金价的一路高歌猛进，让无数投资者和消费者心跳加速。国际局势的风云变幻、全球经济的复杂波 动，都成了推动金价起起落落的"无形之手"。在这样的行情下，黄金市场热闹非凡，而据网友发帖：开市客的黄金柜台更是上演了一场令人瞠目结舌的抢 购大戏。 东论网友：米妮姐姐6 这件事在网上也引发了网友们的热烈讨论。 有网友评论说："买涨不买跌的心理发挥得淋漓尽致。" 确实，在金价上涨的时候，大家都担心错过这波行情，纷纷跟风购买，生怕之后价格更高。 也有网友评价："物极必反。" 还有网友认为， 大家买的不是真实黄金的价值，而是购买力下降带来的金，早晚会跟房子一样被套。这种观点也反映出大家对黄金市场未来走势的担 忧。 出头。不过运气不错,捡着个漏,买到一个葫 芦吊坠,折算下来一克才980!算是意外之喜 了。 到了下午五点多,听说新金条到货了,价格已 经飙到1018一克!但买的人还是超多。最搞笑 的是,晚上我看国际金价又跌了,这一早一晚 的,价格跟坐过山车似的,心脏都快受不了 7 在这场金价过山车般的狂欢中，有人赚得盆满钵满，有人则担心被高位套牢。话说回来，这金价波动这么大，真的刺激又让人 ...

Core Viewpoint - The market is currently focused on the impact of the upcoming CPI data on gold and silver prices, with expectations of potential volatility based on the data's outcome [5][6][7]. Gold Market Analysis - Gold opened at 3395 and dropped to a low of 3342, completing the anticipated adjustment range after a previous rise from 3268 to 3410 [5][6]. - The key levels to watch are 3370 for resistance and 3320 for support, with potential movements depending on whether the CPI data is favorable or unfavorable [5][6]. - The overall trend remains bullish, with expectations that if the CPI data is positive, gold could rise to 3390, while negative data could push it down to 3320 [5][6]. Silver Market Analysis - Silver has shown a rebound after reaching a low of 37.5, which is seen as a support level, and further movements will depend on the CPI data [7]. - The resistance levels for silver are at 38.5 and 39.5, while a break below 37.5 could lead to a decline towards 36 [7]. Oil Market Analysis - International crude oil showed a slight rebound, reaching a high of 64.4, indicating a low-level consolidation phase [8]. - The support level for oil is at 63.5, and a sustained move above 66 is necessary to confirm a bullish trend towards 70 [8]. - Domestic fuel oil is recommended to maintain a bullish stance, with a target of 3000, while holding positions above 2800 [8].

Gold Market Analysis - The gold market experienced significant volatility this week, with daily price fluctuations exceeding 100 points on multiple occasions [1][2][4] - On Monday, gold prices surged from 3331 to 3430, marking a rise of 100 points [1] - Tuesday saw gold reach a historical high of 3499.9 before dropping to 3369, resulting in a decline of 130 points [1] - Wednesday opened with a 60-point drop, followed by a rise to 3386 and a subsequent fall to 3260, showcasing a volatility of over 120 points [2] - Thursday's market showed some recovery, with prices opening at 3287 and rising to 3367, an increase of 80 points [3] - On Friday, gold fluctuated from 3349 to 3370 before retreating to 3265, with a volatility exceeding 100 points [4] - Weekly analysis indicates a bearish sentiment for the upcoming week, as the K-line formed a star cross with a longer upper shadow than lower shadow [6] - Anticipated corrections may lead to a potential decline of 200 points next week, coinciding with the release of non-farm payroll data, which could introduce further market volatility [6] Silver Market Analysis - The silver market also displayed notable fluctuations this week, with a bullish trend on Monday followed by a bearish trend on Tuesday, where prices oscillated between 33.1 and 32.2 [9] - Wednesday marked a significant rally, with prices dropping to a low of 32.07 before rebounding to a high of 33.65, followed by a period of consolidation [9] - Thursday and Friday saw silver prices stabilize within a range of 33.15 to 33.66 [9] - The weekly closing pattern indicates a strong potential for bearish momentum in the silver market for the upcoming week, as evidenced by the formation of a large bullish candle with a longer upper shadow [9]