上海期货交易所指定交割仓库期货周一（1月5日）仓单日报显示，黄金期货总计97704千克，今日仓单 较上一日持平。 2026年1月3日，美国总统特朗普称，美方已成功对委内瑞拉实施打击，抓获委内瑞拉总统马杜罗及其夫 人，并带离委内瑞拉。 美国总统特朗普宣布将就伊朗骚乱事件进行干涉，并威胁称如果伊朗发展弹道导弹计划，将支持以色列 发起打击。伊朗因美国制裁导致经济严重受损，政府正紧急讨论汇率、贸易和民生问题。 上海期货交易所黄金期货仓单日报(单位：千克) | 上期所指定交割金库 | 期货 | 增减 | | --- | --- | --- | | | 97704 | 0 | 沪金主力盘内高位回落，周一（1月5日）黄金期货开盘价991.00元/克，截至目前最高997.22元/克，最 低988.52元/克。截止发稿报995.00元/克，涨幅1.40%，成交量为115296手，持仓为132523手，日持仓减 少3780手。 ...

美国总统特朗普表示，正在考虑以"无能"为由起诉美联储主席鲍威尔，预计将于1月宣布美联储主席人 选。 【机构观点】 贵金属市场格局受地缘政治突发事件主导，黄金作为核心避险资产，或将因短期避险买盘而获得支撑， 但全球主要交易所为抑制过度投机而可能采取的调整保证金等规则，将限制其单边上涨空间，使其走势 呈现高位宽幅震荡；白银价格将紧随黄金，但因杠杆属性更强而对潜在交易规则变化更为敏感；铂金与 钯金作为工业属性主导的品种，其走势将与金银显著分化，事件引发的整体贵金属情绪虽能提供有限带 动，但市场对全球经济增长与汽车产业链的担忧将压制其工业需求前景，预计其表现将明显弱于黄金。 2026年1月3日，美国总统特朗普称，美方已成功对委内瑞拉实施打击，抓获委内瑞拉总统马杜罗及其夫 人，并带离委内瑞拉。 乌克兰总统泽连斯基与美国总统特朗普会晤后表示，美乌双方已就一项20点和平计划取得"重大成果"， 约90%的内容已达成一致，美乌就安全保障已"完全达成一致"。 美国总统特朗普宣布将就伊朗骚乱事件进行干涉，并威胁称如果伊朗发展弹道导弹计划，将支持以色列 发起打击。伊朗因美国制裁导致经济严重受损，政府正紧急讨论汇率、贸易和民生问题。 ...

Group 1 - The current silver price is $75.73 per ounce, with a trading range today between $72.88 and $76.30 [1][2] - The market is anticipating the release of the US ISM Manufacturing PMI data, which could impact the dollar and commodity prices [3] - Recent geopolitical tensions and comments from Trump regarding drug trafficking may influence market sentiment and the Federal Reserve's actions [2] Group 2 - Technical analysis indicates that silver prices are in an upward channel, suggesting a bullish outlook [4] - The 14-day Relative Strength Index (RSI) is at 66.57, indicating bullish momentum without entering overbought territory [4] - Short-term moving averages remain bullish, with resistance near $83.10 and support at $72.38 [4]

【要闻回顾】 美国费城联储主席保尔森表示，若通胀降温，美联储或可进一步降息，但同时暗示任何额外的降息举措 可能不会立即出台。 保尔森在周六于费城发表的演讲中指出，她对未来几个月物价上涨压力可能缓解持谨慎乐观态度。今年 是她首次作为美联储政策委员会投票成员履职。 她表示，当前3.5%至3.75%的利率目标区间仍"略显紧缩"，意味着该利率水平足以抑制通胀，这可能为 未来进一步降息创造条件。 1月2日，COMEX白银库存录得13989.53吨，较上一日上涨10.81吨；comex白银上周五（1月2日）收报 72.09美元/盎司，上涨1.57%，comex白银价格日内最高上探至74.21美元/盎司，最低触及70.52美元/盎 司。 最新comex白银库存数据： | 日期 | comex白银库存量(吨) | 增持/减持（吨） | | --- | --- | --- | | 2026-01-02 | 13989.53 | 10.81 | | 2025-12-31 | 13978.72 | 18.52 | ...

Group 1 - The total silver futures in Shanghai Futures Exchange is 669,547 kilograms, with a decrease of 22,091 kilograms compared to the previous day [1][3] - The main silver futures maintained a fluctuating pattern, opening at 18,200 CNY per kilogram, reaching a high of 18,399 CNY and a low of 17,926 CNY, closing at 18,247 CNY, which is an increase of 1.16% [1] Group 2 - In the Shanghai region, the total silver futures warehouse showed a decrease of 13,198 kilograms, with specific warehouses like Zhonggongmei Supply Chain seeing a reduction of 11,348 kilograms [3] - The Guangdong region's Shenzhen Weibao warehouse reported a decrease of 8,893 kilograms, contributing to the overall decline in silver futures [3]

Group 1 - On January 5, the spot price of 0 zinc ingots in Shanghai was quoted at 23,970.00 CNY/ton, which is a premium of 150.0 CNY/ton over the futures main price of 23,820.00 CNY/ton [1] - The national zinc price overview on January 5 shows various market prices for 0 zinc ingots, with Shanghai prices ranging from 24,020 CNY/ton to 24,070 CNY/ton, while prices in Guangdong were at 23,720 CNY/ton [2] - The Shanghai Futures Exchange reported a closing price of 23,820.00 CNY/ton for the main zinc futures contract on January 5, with a daily increase of 2.25% and a trading volume of 141,147 contracts [2] Group 2 - As of January 5, the zinc futures warehouse receipts on the Shanghai Futures Exchange totaled 41,374 tons, a decrease of 1,045 tons from the previous trading day [3] - Domestic zinc smelters are continuing to reduce production, with January zinc ingot output expected to remain stable month-on-month despite a seasonal consumption slowdown [3] - The macroeconomic outlook indicates that policy expectations should align with market expectations, avoiding a situation where the market and policy are in conflict [4] Group 3 - The upstream zinc ore import volume is declining due to unfavorable internal and external price comparisons, leading to increased losses in importing zinc concentrate [4] - Domestic smelters are starting winter raw material reserves and are more inclined to purchase domestic zinc concentrate, although competition for domestic ore is intensifying [4] - The downstream market is shifting towards a seasonal slowdown, with the real estate sector dragging down demand, while some support is seen in the automotive sector [4]

摘要2026年1月5日，今日西部黄金（601069）开盘报27.20元，截至收盘，西部黄金报收于28.29元，上 涨6.03%，最高28.40元，最低27.20元，成交量32.12万手，成交额8.95亿元，换手率3.62%。 2026年1月5日，今日西部黄金开盘报27.20元，截至收盘，西部黄金报收于28.29元，上涨6.03%，最高 28.40元，最低27.20元，成交量32.12万手，成交额 8.95亿元，换手率3.62%。 1月5日的资金流向数据方面，主力资金净流出3418.22万元，占总成交额3.82%，游资资金净流出 2560.56万元，占总成交额2.86%，散户资金净流入5978.78万元，占总成交额6.68%。 融资融券数据显示，12月31日西部黄金融资买入3029.47万元，融资偿还4154.36万元，融资净偿还 1124.89万元，融资余额为4.01亿元。融券方面，融券卖出0.17万股，融券偿还0.68万股，融券净偿还 0.51万股，融券余量为5.38万股。 所属板块表现：贵金属3.87%、新疆板块1.34%、2025中报预增1.87%、标准普尔1.35%、富时罗素 1.62%。 西部黄金股 ...

Market Overview - As of January 2, the London Metal Exchange (LME) reported zinc registered warehouse stocks at 97,925 tons, with cancellations of 8,400 tons, resulting in a net decrease of 750 tons. Total zinc inventory stands at 106,325 tons, down by 1,300 tons [1] - The Shanghai zinc futures inventory recorded 69,793 tons, a decrease of 3,170 tons compared to the previous trading day [2] Production Forecast - Refined zinc production is projected to be 552,100 tons in December 2025, which is below expectations. However, production is expected to increase to 569,400 tons in January 2026 [3] Institutional Insights - According to Nanhua Futures, the overall market sentiment is warming. The treatment charges (TC) have stabilized due to the opening of the import window, but are expected to decline in January. The domestic raw material supply remains tight in the short term, while the supply side is expected to loosen in the long term. High zinc prices are suppressing downstream consumption, and domestic inventory reduction due to exports and production cuts is providing support for Shanghai zinc prices. The outlook suggests that while low domestic inventory supports prices, there is a lack of upward driving force in the fundamentals, leading to a range-bound market [4] - Guangzhou Futures anticipates that the medium to long-term focus for zinc prices will gradually shift upward. However, due to the traditional off-season in the first quarter, short-term upward potential is limited. Prices are expected to trend upward after the holiday, followed by a transition into a range-bound market [5]

1月5日盘中，焦煤期货主力合约遭遇一波急速下挫，最低下探至1078.5元。截止收盘，焦煤主力合约报 1080.5元，跌幅3.14%。 焦煤期货主力跌超3%，对于后市行情如何，相关机构该如何评价？ 机构 核心观点 正信期货 关注焦煤05合约逢低做多机会 兴业期货 焦煤关注后续下游采购力度 国投安信期货 焦煤日内价格震荡下行 元旦期间煤矿开工情况如期走弱，而节后炼焦煤竞拍流拍率较之节前有所下降，坑口成交氛围边际好 转，钢焦企业推进适当补库，但大范围冬储暂未正式开启，矿端去库节奏并不显著，或限制煤价上方空 间，关注后续下游采购力度。 国投安信期货：焦煤日内价格震荡下行 日内价格震荡下行。炼焦煤矿产量略微下降，年末部分煤矿因安全生产及年度生产任务已完成等因素， 存在减产停产。现货竞拍成交尚可，成交价格小幅抬升，终端库存略微增加。炼焦煤总库存略微增加， 产端库存略微下降。整体来看，碳元素供应充裕，下游铁水季节性低位，目前对原材料需求仍有韧性， 钢材利润水平稍有修复，对于原材料压价情绪仍浓。焦炭盘面升水，焦煤盘面贴水，价格对贴水修复后 仍面临一定基本面压力，不过市场对刺激政策有一定预期，盘面资金博弈加剧。 正信期货：关注 ...

美联储保尔森：若通胀降温，美联储或可进一步降息。不会立即出台任何额外降息举措。 乌克兰军事情报局局长布达诺夫表示，他接受乌克兰总统泽连斯基的邀请，领导总统办公室。 数据显示，1月5日上海白银现货价格报价18280元/千克，相较于期货主力价格(18247元/千克)升水33元/ 千克。 委内瑞拉局势——①美对委发起"三小时闪电战"，代号"绝对决心"。②委副总统代行总统职权。③特朗 普威胁委代理总统，还称"绝对需要格陵兰岛"。④美国解除加勒比海空域限制。⑤欧盟发布有关声明， 未谴责美国。⑥马杜罗预计于当地时间5日在纽约"首次出庭"。 丹麦首相敦促特朗普停止威胁接管格陵兰岛。此前美高官妻子暗示很快拿下格陵兰岛。 【白银期货最新行情】 1月5日 收盘价(元/千克) 当日涨跌幅 成交量(手) 持仓量(手) 沪银主力 18247 1.16% 671811 238881 【机构观点】 芝加哥交易所一周内第二次上调保证金，银价大幅回落，假期内地缘冲突频发，美国空袭委内瑞拉，假 日后早间银价再度明显反弹。沪银溢价扩大至800元/克，沪银将补涨早间涨幅。银价大幅反弹，情绪依 旧强劲，地缘担忧下有支撑，但支撑或较为短暂，震荡为主。沪 ...