Core Viewpoint - The recent significant decline in precious metal prices is attributed to multiple factors, including improved investor risk appetite due to easing international trade tensions and geopolitical conflicts [1] Group 1: Market Dynamics - The weakening of the Japanese yen against the US dollar, influenced by domestic political factors, has led to a stronger dollar index, which reached a near one-week high of 98.93, putting additional pressure on precious metal prices [1] - Following a period of substantial increases in gold prices, many investors opted to take profits ahead of the release of the US September CPI data [1] Group 2: Future Outlook - Despite the recent price drop, demand for gold investment remains strong, and there has been no fundamental alleviation of the physical silver shortage, suggesting that international gold and silver prices are likely to maintain an upward trend in the medium to long term [1]