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贵金属价格剧烈波动 上金所再度提示投资风险
Zheng Quan Shi Bao·2025-06-09 17:53

Group 1 - The Shanghai Gold Exchange issued a notice on June 9, urging investors to manage risks and control positions as gold prices experienced a decline of approximately 1% on that day [1][2][3] - The exchange has issued risk warnings six times this year, with three occurring in April alone, reflecting significant market volatility during that month [2] - The global gold ETF saw a net outflow of 19.1 tons, valued at $18.3 billion in May, marking the first outflow since November 2024 [2][3] Group 2 - On June 9, both gold futures and spot prices fell by around 1%, with 13 out of 14 gold-themed ETFs also experiencing declines [3] - Despite the recent downturn, gold-themed ETFs have shown an overall increase of nearly 25% year-to-date, while gold stock ETFs have risen over 34% [3] - Central banks continue to show net inflows into gold, with the People's Bank of China increasing its gold reserves to 73.83 million ounces by the end of May, marking a continuous growth for seven months [3] Group 3 - Other precious metals like platinum and silver have gained momentum, with platinum prices surpassing $1,200 per ounce and silver reaching over $36 per ounce, reflecting year-to-date increases of 34% and over 25%, respectively [4] - The silver ETF in the U.S. has seen significant inflows, with a single-day increase of 2.2 million ounces in holdings [4] Group 4 - Analysts suggest that the recent surge in silver prices may indicate a broader trend, as investors seek more elastic alternatives to traditional safe-haven assets like gold [7] - The net long positions for both gold and silver have increased significantly, with gold net longs rising by 13,000 contracts to reach 130,000 contracts [7][8]