Recently, the precious metals market has experienced significant volatility. Gold prices have sharply fallen from their highs, with a single-day drop of $130, while silver has seen a decline of over 4%. This dramatic price movement has attracted widespread attention in the market.

Long-term trade frictions continue to cast a shadow over the global economic growth outlook, becoming one of the main factors supporting gold prices. At the same time, the pressures facing the U.S. regional banking sector and events such as government shutdowns have further intensified market risk aversion, providing additional support for gold prices.

The market widely expects that the Federal Reserve will continue to cut interest rates in the coming months, and this expectation has also provided momentum for the rise in gold prices. The low interest rate environment enhances the appeal of gold as a non-yielding asset, attracting more investors to allocate funds to the gold market.

It is worth noting that the total market value of gold has first surpassed the 30 trillion USD mark, reflecting the current strong demand for safe-haven assets. This figure has already far exceeded the market values of Bitcoin and some American tech giants, highlighting the important status of gold as a safe-haven asset.

However, the uncertainty in the U.S. regional banking sector still exists. Reports have indicated that certain banks are facing loan losses and potential fraud lawsuits, which have intensified market concerns. Nevertheless, U.S. government officials have stated that the overall reserves in the banking sector are sufficient and maintain an optimistic outlook on credit conditions.

Currently, market participants are closely monitoring the progress of trade negotiations, the direction of the Federal Reserve's monetary policy, and the health of the banking sector, all of which could significantly impact precious metal prices. Investors need to remain vigilant and closely watch market trends in order to adjust their investment strategies in a timely manner.