因何暴跌 雪棣亲历了国内金价从每克500元、600元一路突破1000元的全过程。在此期间，他通过分批买入持 续"囤金"，积存金账户已累计持有5公斤黄金，市值最高时达到500万元，其中累计投入本金为280万 元。 经济观察报消息，"昨天我的黄金积存金账户一天跌掉了23万。"10月22日，黄金投资者雪棣向记者坦 言。 就在10月21日晚间，国际现货黄金价格一度下跌超6%，跌破4100美元/盎司，创2013年4月以来最大单 日跌幅。此前一个交易日，金价刚创下4381.48美元/盎司的历史新高。 黄金市场的"狂泄"引发广泛关注。10月22日，"金价大跌"等相关词条迅速登上热搜，不少投资者感 叹："一觉醒来，黄金崩盘了，从未见过如此剧烈的跌幅。" 国内黄金市场同样受到显著冲击。10月22日，黄金ETF大幅低开，普遍跌幅超过4%；上海黄金交易所 黄金9999盘中最低报933元/克，较前一交易日的收盘价下跌54元/克。国内品牌金店的足金饰品也应声 调价，亚一金店、老庙黄金的金饰报价一夜之间下调83元/克，周大福、周大生每克下调57元。 "9月以来主要由西方投资者推动的黄金上涨迎来明显抛压。"新湖期货研究所副所长、高级黄金投 ...

"昨天我的黄金积存金账户一天跌掉了23万。"10月22日，黄金投资者雪棣向记者坦言。 就在10月21日晚间，国际现货黄金价格一度下跌超6%，跌破4100美元/盎司，创2013年4月以来最大单日跌幅。此前一个交易日，金价刚创下4381.48美元/盎 司的历史新高。 黄金市场的"狂泄"引发广泛关注。10月22日，"金价大跌"等相关词条迅速登上热搜，不少投资者感叹："一觉醒来，黄金崩盘了，从未见过如此剧烈的跌 幅。" 国内黄金市场同样受到显著冲击。10月22日，黄金ETF大幅低开，普遍跌幅超过4%；上海黄金交易所黄金9999盘中最低报933元/克，较前一交易日的收盘价 下跌54元/克。国内品牌金店的足金饰品也应声调价，亚一金店、老庙黄金的金饰报价一夜之间下调83元/克，周大福、周大生每克下调57元。 "9月以来主要由西方投资者推动的黄金上涨迎来明显抛压。"新湖期货研究所副所长、高级黄金投资分析师李明玉向记者表示，此轮暴跌的背后是多重利空 因素共振所致。他认为，避险情绪有所回落、大规模买盘获利了结以及联邦基金利率未来走势的不确定性，共同促成了此次暴跌。 中欧基金经理叶培培向记者分析称，黄金短期出现情绪过热的交易拥挤， ...

黄金暴冲4000美元，背后竟是全球资产大逃亡？现在还能上车吗？ ——一场关于财富、恐惧与信仰的资本盛宴 "崩了！又创历史新高！"过去一个月，黄金市场像坐上了火箭。10月8日，伦敦金价首次突破4000美元/盎司，十天后竟飙升至4379美 元，单日暴涨超70美元！国内金价同步狂飙，上海黄金交易所AU9999冲上970元/克，周大福等品牌金饰报价高达1262元/克，而深圳 水贝批发市场的工费已悄然涨到每克加35元。 但这轮暴涨背后，却是一场极致的撕裂：国际金价创新高时，A股黄金概念股竟集体大跌，西部黄金单日跌超6%，山东黄金、赤峰 黄金跟跌。一边是散户追涨杀跌，一边是机构悄然抛售，黄金市场究竟在上演怎样的资本游戏？ 美国联邦政府停摆危机、中东冲突升级、俄乌局势反复……世界像一锅滚水，黄金成了最烫手的避风港。瑞银报告直接点明："黄金 已成为今年表现最强劲的资产，涨幅超50%！"更关键的是，各国央行正在疯狂囤金。2025年上半年全球央行购金量达415吨，中国 央行连续11个月增持，波兰、土耳其等国跟进，黄金储备总量较2018年激增1700余吨。 那么最后小编想问：如果你手有10万，你会现在冲进黄金市场，还是继续观望？评 ...

对于黄金再次大涨的原因，东方金诚研究发展部副总监瞿瑞接受记者采访时表示，一方面，16日美国两大区域 银行——ZionsBancorp与WesternAllianceBancorp相继披露遭遇贷款欺诈，直接引发市场对信贷体系稳定性的担 忧，避险情绪快速升温。同时，该事件进一步强化市场对美联储后续进入降息周期的预期，实际利率下行预期 与避险需求共振，成为助推金价上涨的核心动力。另一方面，外部环境不确定性持续发酵，美国政府停摆状态 延续，叠加中美贸易摩擦尚未出现缓和迹象，双重扰动下市场避险需求维持高位，为金价提供了强劲支撑。 随着金价震荡上扬，国内多家银行数次上调黄金积存金投资门槛，部分银行黄金定投进入"千元时代"。中国银 行、工商银行年内已4次上调积存金起购门槛。宁波银行、兴业银行、工商银行、招商银行等多家银行已将积存 金产品上调至1000元/克。 此外，上海黄金交易所对黄金延期品种与白银延期合约交易保证金水平和涨跌停板比例也进行了调整。自2025 年9月5日（星期五）收盘清算时起，Au（T+D）、mAu（T+D）、Au（T+N1）、Au（T+N2）、NYAuTN06、 NYAuTN12等合约的保证金水平从13% ...

面对金价的快速上涨和剧烈波动，近期工商银行、中国银行、农业银行等多家银行相继对黄金积存金和 代理贵金属交易业务启动调整，通过提高投资门槛、调整交易规则等方式强化风险防控。 尽管金价已处于历史高位，但投资者的热情并未减退。在社交平台上，关于黄金投资的讨论持续热 烈，"越涨越买"的情绪依然高涨。 近期，国际金价在突破4000美元/盎司后波动加剧，部分投资者的收益随之出现震荡。 本报（chinatimes.net.cn）记者卢梦雪 北京报道 10月14日，国际金价持续攀升并突破4179美元/盎司，创下历史新高。随后，在午后出现跳水，一度跌 破4100美元/盎司。 多家银行调整黄金相关业务 今年以来，纽约商品交易所黄金主力合约期货价格累计涨幅超过56%。世界黄金协会称，截至目前，今 年是1979年以来金价涨幅最大的一年。 随着金价的上涨，银行积存业务的起投门槛也"水涨船高"。在今年黄金价格的强势涨幅之下，银行已多 次上调积存金的最低投资额。 "昨天刚买了一大笔黄金，没想到价格这么快就下跌了。"有投资者在社交平台上感慨道。 其中，工商银行、建设银行、招商银行等多家银行均发布了贵金属业务市场风险提示的公告，提示近期 国内 ...

专家提醒，对于想投资黄金的消费者来说，普通投资者不要"赌"金价，黄金价格受多方面因素影响且很难量化，在进行大笔投资前一定要慎重；对于想购买 金饰的消费者来说，在选购时一定要认准品牌金店，不要贪小便宜吃大亏。 婚庆旺季助推购金需求 "10月结婚的人比较多，从9月开始就已经能明显感觉到来看金饰的人变多了。"某品牌黄金专柜的一名销售人员对记者表示。 在北京菜市口百货股份有限公司（以下简称菜百商场），有情侣一起来选购金饰的，还有带着"亲友团"一起选购"三金"的。一位准新郎表示，感觉后续金价 还会涨，"没必要等"，不如趁现在很多品牌有活动，"该买就买"。 中国商报（记者 马文博 文/图）黄金价格又涨了！10月1日，国内多家品牌金店足金首饰单克价格均已突破1120元。记者随机采访了解到，绝大部分消费者 对黄金价格的未来走势继续看涨。因此，即便金价屡创新高，部分消费者还是想着"该买现在就买"，也有部分消费者将目光放到黄金理财上。 消费者在选购金饰。 在国庆假期消费旺季，不少品牌金店推出了优惠活动促单。比如，菜百商场年中会员积分回报活动持续到10月8日，这期间在菜百商场任意门店消费且积分 卡内分值满1分即可参加。周大生多家门 ...

Core Viewpoint - The price of gold has risen significantly, with domestic gold jewelry prices exceeding 1120 yuan per gram, leading to increased consumer interest in both purchasing gold and gold investment products [1][8]. Group 1: Consumer Behavior - There is a noticeable increase in gold jewelry purchases as the wedding season approaches, with many consumers opting to buy now rather than wait for potential price increases [2][5]. - Promotional activities by various gold retailers during the National Day holiday have further stimulated consumer demand, with discounts and loyalty programs attracting buyers [5][7]. - The trend of "self-gifting" is rising, with consumers purchasing gold jewelry for personal enjoyment, reflecting a shift towards more fashionable and youthful designs [5][7]. Group 2: Market Trends - The gold consumption market is experiencing a structural transformation, with high-value, well-designed products gaining popularity despite an overall decline in consumption volume [7]. - The recent surge in international gold prices is expected to sustain the demand for gold jewelry, indicating a positive outlook for the market [8]. Group 3: Investment Opportunities - There is a growing interest in gold investment products, with consumers exploring options like gold accumulation plans as a way to benefit from rising gold prices without purchasing physical gold [9]. - Banks have adjusted the minimum investment amounts for gold accumulation products, reflecting the increasing demand and higher gold prices [10].

Group 1 - The core viewpoint of the articles highlights the continuous surge in gold prices, with spot gold surpassing $3690 per ounce and reaching historical highs, driven by a weakening dollar and expectations of interest rate cuts by the Federal Reserve [1][2][3] - The recent rally in gold prices began on August 20, with a cumulative increase of approximately 40% this year, significantly outperforming the expected 27% rise in 2024 [2][3] - Various factors contributing to the rise in gold prices include expectations of Federal Reserve rate cuts, a softening dollar, increased gold purchases by global central banks, and heightened geopolitical uncertainties [2][3] Group 2 - The price of gold jewelry has surged, with major brands like Chow Sang Sang and Lao Feng Xiang seeing prices exceed 1080 yuan per gram, reflecting the rising gold prices [4] - Analysts suggest that the current gold market presents a unique investment opportunity, as gold serves as a hedge against inflation and geopolitical uncertainties [4][5] - Despite the strong upward trend, some analysts warn that gold is currently in an overbought territory and may face short-term correction risks, although the long-term bullish outlook remains intact [5] Group 3 - The demand for gold investment products, particularly gold ETFs, has seen a significant increase, with global gold ETF net purchases reaching 473.1 tons in 2025, marking the first annual net inflow since 2021 [5] - The increase in gold holdings by central banks, including a reported 166 tons increase in global official gold reserves by the second quarter of 2025, indicates a strong institutional interest in gold [3][5]

Group 1: ETF Market Development - The "Zhaocai Cup" ETF live competition series aims to enhance investors' asset allocation and risk management skills, promoting the healthy development of the ETF market [1] - The event is organized by China Merchants Securities in collaboration with ten major fund companies and Panoramic Network [1] Group 2: Gold Market Insights - Gold has shown strong performance over the past two years, exceeding initial expectations with a price increase of over 20% [2] - As of April 22, gold prices reached nearly $3,500, with trading volume on that day hitting 989 billion yuan, marking a fivefold increase compared to the past three years [2][3] - The current gold price is at historical highs, comparable to the peak in January 1980, indicating a stable support level above $3,100 [3][11] Group 3: Geopolitical Factors Impacting Gold - Geopolitical tensions, including the US-China trade policies and conflicts in Ukraine and the Middle East, contribute to gold's appeal as a safe-haven asset [4][6] - The ongoing trend of de-globalization and weakening dollar credibility are expected to sustain gold's long-term value [3][4] Group 4: Central Bank Actions - Central banks, including China's, have been increasing their gold reserves, with China purchasing 44 tons last year and continuing to add to its holdings [3][12] - The trend of central banks accumulating gold reflects a consensus on the asset's value amid declining trust in the dollar [3][12] Group 5: Investment Strategies and Instruments - Gold ETFs are highlighted as a convenient investment vehicle, with low entry barriers and good tracking performance, making them attractive to investors [19][20] - The introduction of new players, such as insurance asset management firms allowed to invest in gold, is expected to further support gold prices [18] Group 6: Economic Indicators and Future Outlook - The potential for US interest rate cuts could positively impact gold prices, although the likelihood of such cuts occurring within the year is considered low [15][17] - The relationship between gold and real interest rates remains significant, with historical data showing a strong negative correlation [16][17]

Key Points Summary Group 1: Latest Gold Price Dynamics - Domestic gold jewelry prices have fallen below 1,000 yuan per gram, with the lowest price reported at 988 yuan per gram for Zhou Shiliu [1] - International gold prices have also seen a significant drop, with a nearly 2.5% decline on August 11, marking the largest drop in three months [1] Group 2: Core Reasons for the Decline - The US dollar has strengthened, with the dollar index rising 1% in a week, the largest increase since May, which has pressured gold prices [2] - A trade framework agreement between the US and EU has reduced geopolitical risks, leading to a shift of funds from gold to riskier assets [3] - Gold jewelry consumption has plummeted by 26% year-on-year in the first half of the year, as high prices deterred demand for weddings and other necessities [4] - Speculative investors have liquidated positions due to rapid price increases, adding to short-term selling pressure [5] Group 3: Market Reactions - Consumer sentiment is cautious, with many believing that prices above 1,000 yuan are still high and hoping for a drop to the 600-800 yuan range [6] - Demand from essential buyers has shifted towards lower-premium markets, such as Shenzhen Shui Bei, to avoid high premiums from brand stores [7] - There are warnings from investors who suffered losses, such as one who bought gold at 829 yuan per gram and faced a loss of 470,000 yuan the next day [8] Group 4: Future Outlook and Recommendations - The gold market is under short-term pressure, but long-term support remains due to central bank purchases and debt risks, with a key technical support level at 3,300 USD per ounce [9] - Essential buyers are advised to choose lower-premium, simplified designs, while investors should consider dollar-cost averaging in gold ETFs and maintain a portfolio allocation of 5%-10% [10] - Caution is advised regarding the resale value of gold jewelry, as brand jewelry may have a significantly lower buyback price [10]