Group 1 - Silver futures are currently trading above 20273, with a reported price of 20865 per kilogram, reflecting a 13.99% increase from the opening price of 18800 per kilogram [1] - The highest price reached today was 20950 per kilogram, while the lowest was 18743 per kilogram, indicating a bullish short-term trend in silver futures [1] - The long-term bullish pattern in silver remains dominant, with support levels identified at 20000 and 19300 points, and a reference trading range for the main silver contract set between 19100 and 21000 [4] Group 2 - The Trump administration's decision to issue a subpoena to the Federal Reserve has raised concerns among some of Trump's allies regarding potential disruptions in the bond market [2] - Ongoing attacks on the independence of the Federal Reserve by the Trump administration are contributing to a divergence in short-term interest rates and long-term bond yields [3] - The recent scrutiny of Fed Chairman Powell is expected to have lasting effects on global long-term interest rates [3]

春节将至，备年货、焕新颜，是每个中国家庭刻在骨子里的仪式感。今年的"年货"清单里，除了传统的 烟酒糖茶，大家还置办起了电子年货、科技年货。 1月1日起，新一轮全国家电以旧换新消费补贴正式落地。政策东风下，头部企业开始主动"加码"。海尔 智家（600690）在国补加持上正式启动"年货节"，用一系列科技年货和重磅权益，为即将到来的农历新 年添上一把旺火。 科技年货：把智慧生活搬回家 为满足不同家庭、不同人群的差异化需求，海尔智家端出各式"科技套餐"。对于追求生活美学和品质的 家庭，麦浪套系无疑是此次年货节的"C位"担当。该套系涵盖了冰箱、洗衣机、空调、热水器、厨电、 彩电等全品类产品，并且迭代了15项原创科技。 春节期间，囤满年货的冰箱因为有AI全空间保鲜科技，大年初一的饺子馅，到初五依然鲜香如初;冬日 里厚重的棉衣羽绒服，交给搭载AI风巡航科技的洗衣机，不仅洗得干净，更能保持内筒干燥除菌;有了 AI洗空气科技的空调，智能调节外循环鲜氧与内循环净化，全家人守岁之后都能整夜好眠。 除了麦浪套系，海尔智家还推出备受冠军球队认可的冠军单品，让普通家庭也能享受竞技级别的精准高 效。1月13日，海尔智家还将推出主打AI康养 ...

Group 1 - Precious metals prices are experiencing a strong upward trend, with spot gold surpassing $4600 for the first time and accumulating a $280 increase in January. Spot silver reached $83.9 per ounce, exceeding previous highs and setting a new record, with a daily increase nearing 5% [1][2] - The rise in gold and silver prices is driven by heightened market risk aversion and increased capital inflow, indicating a potential continuation of the strong trend in the short term [1][2] - Platinum prices also surged on January 12, 2026, reaching between $2346.5 and $2397 per ounce, with daily gains of 3.13% to 4.37%, marking the highest levels since 2008 [1][5] Group 2 - Multiple factors are pushing gold and silver to new historical highs, including disappointing U.S. non-farm payroll data, which strengthens expectations for further interest rate cuts by the Federal Reserve, and escalating geopolitical tensions in Iran, increasing demand for safe-haven assets [2] - The Federal Reserve's policy remains a key variable, with expectations that interest rates may eventually decline as the labor market cools, although no rate cuts are anticipated this month [3][2] - The supply-demand dynamics for silver are tight, with industrial consumption and investor demand competing against a shortage of new mines, leading to expectations that silver prices could easily surpass $100 per ounce [3] Group 3 - Technical analysis indicates that gold is on an upward trajectory, with resistance levels identified between $4664 and $4766, while support levels are at $4408 and the 20-day moving average at $4392 [4] - Silver's price volatility is part of a long-term bullish trend supported by strong demand and supply shortages, although it currently relies on a single support line at $74.83 [4] - The platinum market is experiencing strong bullish momentum, driven by tight global supply and increased demand from the hydrogen industry, with a short-term target price of $2400 to $2420 per ounce [5]

Group 1 - The main contract for coking coal futures experienced a rapid increase, reaching a peak of 1246.0 yuan, with a current price of 1232.0 yuan, reflecting a rise of 3.70% [1] - Institutions predict that coking coal prices are likely to remain strong and fluctuate [2] - The supply of coking coal is currently abundant, with a slight increase in terminal inventory and a significant rise in total inventory, indicating a stable supply-demand balance [2] Group 2 - Coking coal production has slightly decreased, but the recovery of coal mines post-New Year is progressing well, maintaining a high level of Mongolian coal imports [3] - Demand from steel mills is improving marginally, with some mills actively purchasing due to low inventory levels and upcoming holiday replenishment needs [3] - The overall market sentiment is improving, with speculative trading activity increasing, leading to a reduction in the auction failure rate for large mines [3]

消息面 西南期货： 综合来看，国外方面，当前市场的焦点转移至北半球生产情况，印度增产预期强烈，关注印度生产情 况。国内方面，全国已经大规模开榨，新糖供给压力逐渐增大；另外预计1月国内进口量仍然较高，国 内将面临国产新糖和进口糖双重供给压力。在盘面大幅反弹后，向上空间或有限，中长期来看上方空间 有限。 申银万国期货： 据外媒报道，泰国糖业委员会预计，该国2025/26年俗糖产量将达到1030万吨，2026/27年度糖产量将缩 减至1000万吨。 贸易和行业官员称，印度糖厂本年度已签署约18万吨糖出口合同，国内价格回调和卢比疲软在最近几周 推动了海外销售。 粮农组织食糖价格指数12月平均为90.7点，环比上涨2.1点（2.4%），在连续三个月下降后有所回升， 但同比仍下降28.6点（24.0%）。 机构观点 国际方面，巴西压榨尾声、季节性供应压力有所缓解，原糖预计维持偏弱运行。国内方面，当前南方糖 厂陆续开榨，食糖供应季节性增加，供应压力将逐渐显现。进口端，国内收紧糖浆和预拌粉的进口，叠 加食糖进口前期点价成本相对偏高，除此以外，国内糖生产成本较高，对盘面有支撑。当前绝对价格已 处于偏低水平，国内生产成本和巴西配 ...

1月12日盘中，沪金期货主力合约遭遇一波急速上涨，最高上探至1031.30元。截止发稿，沪金主力合约 报1025.26元，涨幅2.47%。 国投安信期货：贵金属继续挑战前高阻力 沪金期货主力跌超2%，对于后市行情如何，相关机构该如何评价？ 周五美国非农新增就业5万人低于预期，但失业率从11月的4.5%降至4.4%，市场对于美联储本月将维持 利率不变基本达成共识。开年全球地缘乱局延续，委内瑞拉之后伊朗局势再度紧张，媒体报道特朗普已 听取了有关对伊朗实施军事打击的简报。贵金属继续挑战前高阻力，考虑参与突破行情或等待波动率下 降后寻找再入场机会。 机构 核心观点 华联期货 黄金的中长期利好因素仍在 新世纪期货 地缘政治风险激发市场避险需求，支撑金价上涨 国投安信期货 贵金属继续挑战前高阻力 华联期货：黄金的中长期利好因素仍在 美联储理事表示，他希望2026年美联储累计降息150个基点，以支持劳动力市场修复，支持黄金上涨。 12月就业率回升，降息预期下降，而贵金属强势震荡，后续关注美联储降息预期变化。从12月美联储议 息会议看，对经济、失业率和通胀预测来看，2026年降息二次的概率增大，因此属于鸽派降息，利好黄 金； ...

Group 1 - The domestic futures market for non-ferrous metals showed a strong performance, with nickel futures prices rising to 142,570.00 yuan/ton, an increase of 4.45% [1] Group 2 - On the supply side, domestic nickel iron prices have increased to approximately 958 yuan/nickel point, with iron mills experiencing reduced losses and some regions returning to profitability, while overall production remains low [2] - Demand analysis indicates that the cost of nickel iron for stainless steel has decreased, improving steel mill profits and leading to expectations of high production levels; the production and sales of new energy vehicles continue to rise, contributing a slight increase in demand from ternary batteries [2] - As of January 9, 2026, nickel ore inventory at 14 ports in China decreased by 122,600 wet tons to 13,197,700 wet tons, reflecting a decline of 0.92% [2] Group 3 - The outlook for nickel indicates a mix of weak fundamentals and strong expectations, with no tightening of supply at the mining level; although prices at the smelting end are strengthening, demand is currently in a low season, and uncertainties in policy remain, leading to a slight recovery in nickel prices driven by improved market sentiment [2]

Core Viewpoint - The latest gold futures prices in New York indicate a significant increase, with the current price reaching $4590.00 per ounce, reflecting a bullish trend in the market [2]. Group 1: Price Details - The latest price for gold futures is $4590.00 per ounce [2]. - The opening price was $4529.10, while the previous closing price was $4518.40 [2]. - The highest price recorded today was $4612.70, and the lowest was $4520.80 [2].

Core Viewpoint - The current gold futures price shows a significant increase compared to previous trading sessions, indicating a bullish trend in the market for gold commodities [1]. Price Summary - The latest price for the Shanghai gold futures is 1026.56 CNY per gram, which is an increase from the opening price of 1004.48 CNY per gram [2]. - The previous closing price was 1006.48 CNY per gram, showing a rise of 20.08 CNY per gram from the last session [2]. - The highest price recorded today was 1031.30 CNY per gram, while the lowest was 1003.38 CNY per gram, reflecting volatility within the trading day [2].

今日周一(1月12日)欧盘时段，纸白银目前交投于18.675一线上方，截至发稿，纸白银暂报18.893元/克， 上涨5.45%，最高触及18.950元/克，最低下探17.917元/克，目前来看，纸白银盘内短线偏向震荡走势。 与此同时，据部分报道，特朗普总统正考虑在伊朗平民游行后采取军事行动。英国和德国计划增加在格 陵兰岛的军事存在，这加剧了北极地区的紧张局势。这些事态发展给全球带来了不确定性，强化了避险 资产需求。 【最新纸白银行情解析】 日图来看，纸白银价格开盘直线拉升，目前涨超5%，一小时布林带向上扩张，表明上涨空间充足，而 一小时MACD直方图向上且远离零线，显示多头趋势占据主导低位，DMI也显示上涨动能充足，纸白银 走势下方关注17.00-17.50支撑，上方关注18.50-19.00阻力。 【要闻速递】 据华尔街日报报道，以色列和哈马斯正在为新一轮的冲突做准备，因为哈马斯方面拒绝解除武装，而这 一要求阻碍了特朗普为加沙制定的和平计划的推进进程。 据了解相关计划的人士透露，以色列军方已制定了在加沙地带哈马斯控制区开展新地面行动的计划。阿 拉伯和以色列官员表示，哈马斯正致力于恢复在战争中丧失的军事能力， ...