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Gold prices fluctuate at high levels. The exchange warns of risks.

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Jin10 data reported on October 18, stating that on October 17, the London gold spot price experienced high-level fluctuations and quickly plummeted after breaking through a new high of 4380 USD/ounce. At the same time, the total market capitalization of gold has surpassed 30 trillion USD. In the A-share market, gold stocks rose against the trend, with Western Gold and others strengthening. As gold and silver prices continue to rise and volatility sharply expands, various exchanges have implemented related risk warning measures. From a medium to long-term perspective, institutions believe that amid global economic uncertainty and escalating geopolitical risks, the attractiveness of gold continues to strengthen. However, institutions also remind that the current open interest in the gold market is at a historical high, and caution should be exercised regarding the risk of profit pullback.

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