10月14日，黄金概念大面积高开，华钰矿业竞价涨停，西部黄金、湖南黄金、中金黄金、豫光金铅高开 逾5%创历史新高。 | 代码 | 名称 | 涨幅％▼ | 现价 | | --- | --- | --- | --- | | 601020 | 华钰矿业 | +9.99% | 32.80 | | 600208 | 衢州发展 | +9.89% | 4.78 | | 601069 | 西部黄金 | +8.97% | 35.85 | | 000417 | 合百集团 | +7.46% | 7.49 | | 002155 | 湖南黄金 | +7.24% | 25.17 | | 300818 | 耐普矿机 | +6.19% | 29.87 | | 601212 | 白银有色 | +6.44% | 5.95 | | 603077 和邦生物 | | +7.14% | 2.40 | 港股方面，黄金股也延续涨势，截至发稿，赤峰黄金、山东黄金、招金矿业涨超4%。 现货黄金也站上4140美元/盎司关口，再创新高。 国内贵金属期货高开高走， 沪银 主力合约涨超6%， 沪金 涨约3.4%。 ...

港股开盘，恒生指数高开0.31%，恒生科技指数高开0.56%。有色金属板块延续强势，紫金矿业 （601899）高开3.33%，赤峰黄金（600988）高开4.94%，江西铜业（600362）股份高开5.04%。 来源：市场资讯 （来源：科创100ETF基金） ...

Core Viewpoint - The recent surge in gold and silver prices reflects heightened demand for these precious metals amid trade tensions, economic uncertainty, and expectations of interest rate cuts by the Federal Reserve [1][2][3] Price Movements - Gold prices reached a historic high, with COMEX gold futures rising 2.6% to a peak of $4104.3 per ounce [1][2] - Silver also saw significant gains, with prices exceeding $51.71 per ounce, marking a new record [2] Market Reactions - A-shares related to gold experienced a substantial increase, with companies like Western Gold hitting the daily limit [1][2] - Analysts attribute the rise in gold prices to ongoing concerns about U.S. government shutdowns, potential Fed rate cuts, and economic recession fears [2][3] Institutional Predictions - Major financial institutions have raised their gold price forecasts, with UBS predicting $4200 per ounce in the coming months, Morgan Stanley forecasting $4500 by mid-2026, and Goldman Sachs increasing its 2026 forecast from $4300 to $4900 [4] - Ed Yardeni anticipates gold could reach $5000 per ounce by 2026, with potential to exceed $10,000 by 2030 if current trends continue [4][5] Central Bank Activity - Central banks have significantly increased gold purchases, with a total of 415 tons bought in the first half of 2025, supporting the upward trend in gold prices [3] - The inflow into gold ETFs reached a historical high in September, further bolstering demand [3] Market Sentiment - The current market sentiment is characterized by a "fear of missing out" (FOMO), complicating objective assessments of gold's value [5] - Analysts emphasize the importance of maintaining a strategic allocation to gold, suggesting that even at record highs, it remains a prudent investment choice [5][6]

涨涨涨，黄金白银价格还在不断刷新历史新高！ 10月13日晚，现货黄金向上触及4080美元/盎司，COMEX黄金期货升破4100美元/盎司，双双再创历史新高。今年以来，现货黄金和COMEX黄金期货分别 累计涨约55%和56%。 现货白银13日也触及51.71美元/盎司。截至10月13日，今年以来，白银价格已飙升逾70%，涨幅碾压黄金。 10月13日，A股贵金属板块飙涨近7%，其中西部黄金（601069）3天2板，招金黄金（000506）、晓程科技（300139）、中金黄金（600489）、赤峰黄金 （600988）等跟涨。 13日晚，美股黄金股盘前走高，科尔黛伦矿业一度涨超7%，哈莫尼黄金、纽曼矿业、Barrick Mining等涨幅居前。 受国际金价影响，国内金店金饰克价突破1190元。据今日金价小程序，周大福金价由前一日的1180元/克上调至1190元/克；周生生金价由前一日的1176元/ 克上调至1188元/克；老庙黄金金价由前一日的1183元/克上调至1189元/克。 | | | 品牌金价 | | | --- | --- | --- | --- | | 品牌黄金价格 | | | 最新:2025.10.1 ...

Core Viewpoint - The precious metals sector experienced a significant increase of 6.56% on October 13, with Western Gold leading the gains, while the overall stock indices showed a decline [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3889.5, down 0.19% - The Shenzhen Component Index closed at 13231.47, down 0.93% [1] Group 2: Precious Metals Sector Stocks - Western Gold (601069) closed at 32.90, up 10.00% with a trading volume of 566,200 shares and a transaction value of 1.802 billion yuan - Zhaojin Mining (000506) closed at 14.08, up 9.83% with a trading volume of 955,300 shares - Xiaocheng Technology (300139) closed at 29.96, up 8.63% with a trading volume of 808,400 shares and a transaction value of 2.376 billion yuan - Zhongjin Gold (600489) closed at 25.50, up 8.05% with a trading volume of 1,703,300 shares and a transaction value of 4.144 billion yuan - Chifeng Jilong Gold (600988) closed at 32.10, up 7.50% with a trading volume of 1,070,000 shares - Hunan Silver (002716) closed at 7.62, up 7.32% with a trading volume of 3,121,500 shares and a transaction value of 2.289 billion yuan - Shandong Gold (600547) closed at 43.60, up 5.70% with a trading volume of 932,100 shares - Shanjin International (000975) closed at 24.68, up 4.93% with a trading volume of 522,000 shares and a transaction value of 1.257 billion yuan - Hunan Gold (002155) closed at 23.47, up 4.36% with a trading volume of 1,035,800 shares - Sichuan Gold (001337) closed at 31.36, up 4.12% with a trading volume of 448,700 shares [1] Group 3: Capital Flow Analysis - The precious metals sector saw a net inflow of 988 million yuan from institutional investors and a net inflow of 108 million yuan from retail investors, while retail investors experienced a net outflow of 1.096 billion yuan [1] - Western Gold had a net inflow of 352 million yuan from institutional investors, accounting for 19.51% of its trading volume, while retail investors had a net outflow of 156 million yuan [2] - Zhongjin Gold had a net inflow of 263 million yuan from institutional investors, accounting for 6.34% of its trading volume, with a net outflow of 207 million yuan from retail investors [2]

记者丨叶映橙 见习记者林健民 编辑丨刘雪莹 视频丨许婷婷 涨涨涨，黄金白银价格还在不断刷新历史新高！ 10月13日晚，现货黄金向上触及4080美元/盎司，COMEX黄金期货升破4100美元/盎司，双双再创历史新高。今年以来，现货黄金和COMEX黄 金期货分别累计涨约55%和56%。 现货白银13日也触及51.71美元/盎司。截至10月13日，今年以来， 白银价格已飙升逾70%，涨幅碾压黄金。 数据截至10月13日20:10 | 10.13 | 周生生 | 1188元/克 | 涨12 | | --- | --- | --- | --- | | 10.13 | 六福珠宝 | 1190元/克 | 涨10 | | 10.13 | 金至尊 | 1190元/克 | 涨10 | | 10.13 | 潮宏基 | 1190元/克 | 涨10 | | 10.13 | 老凤在 | 1182元/克 | 涨10 | | 10.13 | 老庙黄金 | 1189元/克 | 涨6 | | 10.13 | 菜百首饰 | 1122元/克 | 涨12 | | 10.13 | 周六福 | 1129元/克 | 涨6 | | 10.13 | 周大生 | ...

Core Viewpoint - The article highlights the significant surge in gold and silver prices, reaching historical highs, driven by increased demand amid economic uncertainty, trade tensions, and expectations of interest rate cuts by the Federal Reserve [1][3]. Price Surge - Gold prices have recently soared, with COMEX gold futures rising by 2.6% to surpass $4100 per ounce, reaching a peak of $4104.3 per ounce, marking a new historical high [1][3]. - Silver also experienced a substantial increase, with prices rising over 3% to a high of $51.71 per ounce, also a historical peak [3]. Market Reactions - The surge in gold prices has led to a significant rise in A-share gold concept stocks, with companies like Western Gold hitting the daily limit, and others like Zhaojin Gold and Chifeng Jilong Gold seeing substantial gains [3]. Economic Factors - Analysts attribute the rising demand for gold to several factors, including trade tensions, expectations of Federal Reserve rate cuts, and concerns over the U.S. government shutdown, which have heightened the appeal of gold as a safe-haven asset [3][4]. - UBS and other financial institutions have raised their gold price forecasts, with UBS predicting prices could reach $4200 per ounce in the coming months, and Goldman Sachs increasing its 2026 forecast from $4300 to $4900 per ounce [6]. Central Bank Activities - Central banks have been significant buyers of gold, with a total purchase of 415 tons in the first half of 2025, and record inflows into gold ETFs in September [4]. - Goldman Sachs anticipates that central bank purchases and ETF inflows will continue to support rising gold prices, contributing approximately 19% to price increases [4]. Future Predictions - Analysts predict continued upward momentum for gold prices, with forecasts suggesting potential prices of $4500 per ounce by late 2026 and even $5000 per ounce by 2026 according to Yardeni Research [6]. - The article emphasizes the importance of gold's low correlation with other assets, suggesting that its unique value in global asset allocation warrants strategic consideration [6].

Investment Rating - The report upgrades the investment rating to "Positive" for the gold market [5]. Core Viewpoints - The escalation of US-China trade tensions has led to increased market risk aversion, driving gold prices to new historical highs, with spot gold reaching over $4060 per ounce on October 13 [3]. - The impact of the current round of US-China trade friction is expected to be limited, as both economies have developed a basic understanding of each other's economic resilience, and upcoming high-level negotiations may lead to a consensus [4]. - The gold market is unlikely to replicate the bull market seen during the previous US-China tariff conflict, as the likelihood of tariffs being implemented is low, with only a 16.5% chance according to Polymarket data [4][7]. Summary by Sections Market Performance - The report notes that the US stock indices fell significantly due to the trade tensions, with the Dow Jones down 1.9%, S&P 500 down 2.71%, and Nasdaq down 3.56% on the announcement day [3]. - Gold prices are expected to experience high volatility in the short term, supported by strong buying interest as the market digests the impact of trade tensions [5]. Economic Indicators - The US government is facing a shutdown crisis, which raises concerns about the stability of the US dollar and sovereign debt, potentially leading to increased capital inflows into gold [5]. - The Federal Reserve is expected to lower interest rates by 25 basis points, with a 95.7% probability, which would reduce the opportunity cost of holding gold and support its price [7][14]. Recommendations - The report recommends focusing on investment opportunities in gold-related companies, specifically mentioning Shandong Gold International (000975.SZ), Chifeng Jilong Gold Mining (600988.SH), and Shandong Gold Mining (600547.SH) as potential targets [7].

10月13日，贵金属（881169.TI）板块飙涨近7%，其中西部黄金（601069.SH）3天2板，招金黄金 （000506.SZ）、晓程科技（300139.SZ）、中金黄金（600489.SH）、赤峰黄金（600988.SH）等跟涨。 消息面上，现货黄金、现货白银均创出历史新高。伦敦现货黄金日内最高触及4078美元/盎司，现货白 银日内涨逾2%，触及51.71美元/盎司。 被视为较为明显的财政风险体现，促使市场寻求避险资产助推金价上行。美联储方面，现阶段降息路径 不确定性仍强，但市场仍偏向10月继续降息，对黄金亦形成支撑。 今年以来，贵金属指数涨幅超113%，显著跑赢大盘，其中招金黄金、西部黄金、湖南白银 （002716.SZ）、中金黄金、赤峰黄金、晓程科技的股价均实现翻番。湖南黄金（002155.SZ）涨幅最 小，为49.21%。 | 证券代码 | 证券名称 | 涨跌幅(%) | | --- | --- | --- | | 000506.SZ | 招金黄金 | 254.66 | | 601069.SH | 西部黄金 | 187.34 | | 002716.SZ | 湖南白银 | 124.78 | | 6 ...

盘面上，大型科技股午后跌幅收窄明显，小米收跌5.7%，曾一度跌近9%，京东跌3.6%，百度跌 2.14%，腾讯、美团、阿里巴巴跌幅在2%以内；关税贸易摩擦或再度升级，消费电子概念股跌幅居前， 苹果概念股鸿腾精密大跌近8%，蓝思科技(300433)跌超6%；新能源汽车股、濠赌股、教育股、内险 股、家电股、航空股、中资券商股等纷纷走低。 另一方面，午后半导体芯片股、黄金股集体转涨，其中，华虹半导体大涨8%，中芯国际涨超3%，赤峰 黄金(600988)、紫金黄金国际大涨超9%，稀土概念股金力永磁(300748)全天强势收涨13%，软件类股、 风电股、军工股、海运股部分表现活跃。(格隆汇) (责任编辑：宋政 HN002) 格隆汇10月13日｜港股午后跌幅持续收窄，恒生指数收跌1.52%报25889点，盘中曾一度跌至3.6%，国 企指数、恒生科技指数分别下跌1.45%及1.82%，恒科指曾大跌近5%，三大指数总体呈现探底回升行 情，恒指基本收在全天最高点。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作 ...