时报观察丨贵金属狂飙背后的冷思考
Zheng Quan Shi Bao Wang·2025-12-29 23:46

Group 1 - The CME Group announced an increase in margin requirements for metal futures, including gold, silver, platinum, and lithium, effective after the market close on Monday [1] - Gold futures margin increased by 10%, silver by approximately 13.6%, and platinum by about 23%, leading to a decline in international metal futures prices [1] - The increase in margin requirements is a response to significant price increases in silver and platinum futures, which saw maximum gains exceeding 40% within a month [1] Group 2 - Since 2018, there has been an ongoing process of de-dollarization, with a structural reorganization of the global currency system accelerating [2] - The rise in prices of precious metals and copper reflects not only competition for upstream raw materials but also a growing fear regarding the diminishing role of the dollar as a stable anchor [2] - The future of the global monetary system is expected to diversify, leading to the emergence of a new monetary order, although achieving this vision will not be immediate [2]