摘要今日周三(12月31日)亚盘时段，国际黄金目前交投于4328美元附近，截至发稿，国际黄金最新报 4368.65美元/盎司，涨幅0.72%，最高上探至4372.97美元/盎司，最低触及4328.09美元/盎司。目前来 看，国际黄金短线偏向看涨走势。 特朗普还可能填补理事会空缺(共7席)，强化对FOMC影响。若鲍威尔留任理事(任期至2028)，或意在巩 固独立性，但史无前例，易被视作政治化。地区联储主席五年任命获批，保障轮换投票权，缓解对其聘 用遭否的担忧，增强外界对美联储独立性的信心。 【最新国际黄金行情解析】 隔夜美联储会议纪要落地，美联储内部继续延续分歧状态，甚至美联储票委内部都开始有了分歧，主要 的点还是对目前通胀的担忧，还有政府前期长时间停摆导致数据缺失，让自己本身没有底，从而导致目 前美联储官员整体对未来货币政策保持谨慎，美元指数在会议纪要前后小幅走出了反弹，但是目前力度 有限，黄金上个交易日回踩4324附近一路震荡反抽，欧美盘一度站上4400关口触及4404附近然后在晚间 走出震荡回落，美联储会议纪要之后最低回踩4329附近企稳反抽，早盘目前开盘也是延续反弹走势，今 日日内回踩顺势先多，关注43 ...

北京时间12月31日，美国洲际交易所（ICE）棉花期货价格区间震荡，今日开盘报64.32美分/磅，现报 64.26美分/磅，跌幅0.06%，盘中最高触及64.35美分/磅，最低下探64.26美分/磅。 品种 开盘价 最高价 最低价 收盘价 美棉花 64.35 64.80 64.20 64.25 -0.25% 【棉花市场消息速递】 洲际交易所（ICE）公布数据显示，截至12月26日，ICE可交割的2号期棉合约库存为11600包，前一交 易日为11600包。 12月30日，郑商所棉花期货仓单9185张，环比上个交易日增加338张。 12月30日，进口棉到港均价（M指数）72.75美分/磅，较29日跌0.14美分/磅，折1%关税进口成本（不含 港杂费）12514元/吨，折滑准税进口成本（不含港杂费）13604元/吨；国内3128棉均价（B指数）15500 元/吨，较29日涨100元/吨。新疆棉山东到厂价3128B级15605元/吨，较29日涨105元/吨；国家棉花基差 指数CNCottonJ（CF2605）917元/吨，较12月29日跌3元/吨。 棉花期货行情回顾： 12月30日美国洲际交易所（ICE）棉花期货行情 ...

Group 1 - The Federal Reserve decided to cut interest rates by 25 basis points during the policy meeting on December 9-10, lowering the target range to 3.5%-3.75%, marking the third consecutive rate cut [1] - The decision was reached after extensive debate on the risks to the U.S. economy, with most policymakers supporting the cut as a necessary measure to stabilize the labor market amid slowing job growth and rising unemployment [1] - There were notable dissenting opinions among committee members, with some advocating for maintaining rates and others suggesting a more significant cut, indicating a rare level of disagreement within the Federal Reserve [1] Group 2 - Market expectations for rate cuts in 2026 have cooled, with projections now at approximately 50 basis points due to internal divisions and a cautious approach towards further easing [2] - The recent price movement of silver (TD) shows a decline of over 3% from the previous day's high, followed by a recovery of more than 2%, indicating a volatile trading environment [3] - Key support levels for silver (TD) are identified between 17,500 and 18,000, while resistance levels are noted between 18,500 and 19,000 [3]

摘要周三（12月31日）亚市盘中，贵金属经历踩踏式抛售后开始收复失地，金银窄幅震荡，现货黄金目 前交投于4370美元/盎司附近，现货白银交投于75.50美元附近。进入2025年末，黄金市场经历了剧烈的 过山车行情。纵观全年，黄金价格已累计上涨66%，有望成为自1979年以来表现最为亮眼的一年。 金瑞期货：从宏观和基本面来看，明年美联储货币政策宽松利率回落的趋势并未发生改变，中长期包括 主权国家赤字问题、地缘风险以及去美元化驱动的央行购金等因素并未改变，白银以及铂的供需矛盾也 持续存在，贵金属价格的长期核心驱动因素仍保持稳健 国投期货：隔夜贵金属转涨。美联储会议纪要显示官员分歧严重，不过大多数与会者认为如果通胀如预 期随时间下降，进一步下调利率可能是适当的。美联储宽松前景以及地缘风险支撑贵金属强势，但资金 推动下涨幅过大，阶段性调整在所难免，短期谨慎参与，波动率下降后维持多头参与思路。 西南期货：当前全球贸易金融环境错综复杂，"逆全球化"和"去美元化"大趋势，利好黄金的配置价值和 避险价值。各国央行的购金行为对黄金走势也形成了支撑。但近期贵金属大幅上涨，投机情绪显著升 温。预计市场波动将显著放大，多单可离场后暂 ...

品种 开盘价 最高价 最低价 收盘价 美豆油 49.26 49.68 49.15 49.38 0.26% 北京时间12月31日，芝加哥商业交易所(CBOT)豆油期货价格继续上行，今日开盘报49.44美分/磅，现报 49.40美分/磅，涨幅0.02%，盘中最高触及49.67美分/磅，最低下探49.37美分/磅。 更新时间： 豆油期货行情回顾： 12月30日芝加哥商业交易所(CBOT)豆油期货行情 【豆油市场消息速递】 12月30日，阿根廷豆油（2月船期）C&F价格1145美元/吨，与上个交易日相比上调5美元/吨；阿根廷豆 油（4月船期）C&F价格1067美元/吨，与上个交易日相比下调8美元/吨。 12月30日，大商所豆油期货仓单28264手，环比上个交易日持平。 12月30日：全国一级豆油成交量35100吨，环比上个交易日增加170.0%。 ...

Group 1 - LME copper futures prices are experiencing strong fluctuations, opening at $12,534 per ton and currently at $12,643.5 per ton, with an increase of 0.68% [1] - The highest price during the day reached $12,651 per ton, while the lowest dipped to $12,487 per ton [1] Group 2 - On December 30, LME copper futures opened at $12,223.5, peaked at $12,693.5, and closed at $12,673.5, reflecting a 4.02% increase [2] - The electrolytic copper spot price ratio between Shanghai and London was reported at 7.83, with an import loss of -1,489.48 yuan per ton, compared to -1,648.0 yuan per ton the previous trading day [2] - As of December 30, LME registered copper warrants totaled 110,300 tons, with canceled warrants decreasing by 4,900 tons to 39,175 tons. Total copper inventory decreased by 5,100 tons to 149,475 tons [2] - The Shanghai Futures Exchange reported a copper futures warrant of 71,738 tons, an increase of 5,860 tons compared to the previous trading day [2]

摘要今日周三(12月31日)亚盘时段，现货黄金目前交投于4328.09美元附近，截至发稿，现货黄金最新报 4369.21美元/盎司，涨幅0.74%，最高上探至4372.97美元/盎司，最低触及4328.09美元/盎司。目前来 看，现货黄金短线偏向看涨走势。 今日周三(12月31日)亚盘时段，现货黄金目前交投于4328.09美元附近，截至发稿，现货黄金最新报 4369.21美元/盎司，涨幅0.74%，最高上探至4372.97美元/盎司，最低触及4328.09美元/盎司。目前来 看，现货黄金短线偏向看涨走势。 【要闻速递】 2025年，黄金跃居主要资产类别涨幅榜首。世界黄金协会全球研究负责人胡安.卡洛斯.阿尔蒂加斯指 出，金价创新高得益于四大驱动因素，各贡献约10%，且全年保持一致性，还将主导2026年走势。 他称，两大宏观动力是关键：一是地缘政治经济高度紧张，二是美元疲软与利率温和下行。叠加积极价 格动能，投资需求支撑显著。央行持续净买入，虽速度较前两年放缓，但动能亦为重要推力。 展望2026年，阿尔蒂加斯表示，当前金价反映宏观共识预期，若经济符合预期则区间波动，但偏离更常 见。若美国经济温和下滑，美联储降息、 ...

Group 1: Economic Situation in Iran - Protests have erupted across multiple cities in Iran, including Tehran and Mashhad, with citizens expressing dissatisfaction over economic conditions [3] - The Iranian economy is facing high inflation, a significant depreciation of the rial, and stagnation in GDP, exacerbated by U.S. sanctions leading to capital flight [4] - The Iranian president has indicated a commitment to economic reforms, focusing on the currency and banking systems to maintain purchasing power [3][4] Group 2: Gold Market Analysis - Gold prices have experienced a rapid decline, with current international prices at approximately $4,379.3 per ounce, translating to about 988.5 yuan per gram in the domestic market [5] - The recent price movements indicate a bearish trend, with weak support around the 970-990 yuan per gram range, and potential further declines if the support level is breached [5] - A significant rebound in gold prices is unlikely unless there are unexpected positive developments, such as escalated geopolitical tensions or a sudden drop in Federal Reserve interest rate expectations [5]

Group 1: Semiconductor Industry Developments - Samsung and SK Hynix have received U.S. approval to continue exporting chip manufacturing equipment to China until 2026, allowing them to maintain operations in China [3] - The Trump administration has approved NVIDIA to sell H200 AI chips to China, with a 25% revenue share from these exports, a model that will extend to other U.S. companies like AMD and Intel [3] - NVIDIA's CEO Jensen Huang indicated that export restrictions have led to stagnation in sales in China, with potential zero sales in the upcoming two quarters, risking market share loss to competitors [3] Group 2: Semiconductor Supply Chain Roles - The three major companies—NVIDIA, SK Hynix, and Samsung—play distinct roles in the global semiconductor supply chain, with NVIDIA focusing on GPU and AI chip design, SK Hynix supplying high-bandwidth memory, and Samsung providing comprehensive solutions [3] - Huang emphasized the irreplaceable value of Korean companies in the development of next-generation memory like HBM4 and HBM5 [3] Group 3: Gold Futures Market Analysis - COMEX gold futures are currently trading at $4340.5 per ounce, showing a narrow trading range between $4316 and $4404, indicating a lack of clear direction in the market [4] - Key resistance levels for gold are identified at $4400 and $4433, while support levels are at $4316 and $4300, with a potential drop to $4200 if the latter is breached [5] - The market is experiencing a reduction in speculative net long positions, with the long position percentage dropping from 81%, reflecting ongoing profit-taking pressure [5]

Group 1 - The core viewpoint of the news is that the stock index futures are experiencing fluctuations within a range, with the main contract of IH shifting from a discount to a premium [1][3][4] - On August 2, the main contracts showed mixed performance, with IC being the only one to decline [1] - The market is characterized by a struggle between long and short positions, with the total open interest in stock index futures increasing [3][4] Group 2 - The market has shown signs of differentiation, with the three main index futures experiencing reduced divergence [4] - On July 31, the main contracts of IH and IC saw significant increases of 0.67% and 0.66% respectively, while IF increased by 0.38% [6] - The overall market sentiment has shifted to a cautious stance, with expectations of a slowdown in short-term futures actions [8]