According to a report by Jinshi Data on July 24, gold and silver prices have both fallen rapidly after hitting record highs. Recently, the spot price of gold in London has fallen by more than $100 per ounce, and the spot price of silver in London has fallen by more than 9% from its high point on July 11. Analysts said that after the market fully priced in the Fed's interest rate cut expectations, the market lacked further upward momentum recently, and the short-term US dollar index stopped falling and rebounded, causing market bulls to take profits and leave, and precious metal prices fell from highs. However, in the medium and long term, gold is still one of the few assets that can provide certain opportunities, and the annual level of the upward cycle is expected to continue.