多因素驱动国际贵金属价格反弹 国内金银期货强势上涨

Core Viewpoint - Domestic commodity futures showed mixed performance on November 11, with precious metals experiencing strong gains, indicating a potential shift in market dynamics driven by geopolitical risks and economic factors [1] Group 1: Domestic Market Performance - As of the close at 15:00, silver rose over 3%, gold and rapeseed oil increased by more than 2%, while peanuts, lithium carbonate, and apples saw gains exceeding 1% [1] - In contrast, coking coal and coke fell over 3%, polysilicon dropped more than 2%, and other commodities like glass, live pigs, and urea declined by over 1% [1] Group 2: International Market Trends - On the same day, international gold and silver prices rebounded strongly, with London spot gold surpassing $4,100 per ounce and silver reclaiming $51 per ounce [1] Group 3: Future Outlook - According to Guangfa Futures, the U.S. economy and job market are under pressure from government shutdowns and trade tensions, which may lead to an increased probability of interest rate cuts by the Federal Reserve in December, alleviating liquidity constraints [1] - Geopolitical risks and central bank gold purchases are expected to drive a re-evaluation of asset pricing, increasing the allocation to financial commodities like precious metals in the medium to long term [1] - For silver, the combination of expectations for Federal Reserve easing and industrial demand factors may strengthen its price, despite relatively weak actual demand in the industrial sector [1]