美国经济与通胀数据回升，降息预期下行工业金属价格冲高回落

Core Viewpoint - The non-ferrous metal sector experienced a weekly increase of 3.03% from January 12 to January 16, ranking among the top in all primary industries [1][2]. Summary by Category Overall Market Performance - The non-ferrous metal sector's performance included a 6.86% increase in precious metals, a 4.31% rise in minor metals, a 2.81% gain in industrial metals, a 1.47% increase in energy metals, while new metal materials saw a decline of 0.32% [1][2]. Industrial Metals - Industrial metals faced price fluctuations due to rising U.S. economic and inflation data, leading to a downward adjustment in price expectations. As of January 16, copper prices were reported at $12,803 per ton, down 1.50% week-on-week, while domestic copper prices were at 100,770 yuan per ton, down 0.63% [3]. Aluminum - The aluminum market showed signs of seasonal weakness, with prices slightly declining. As of January 16, LME aluminum was priced at $3,134 per ton, down 0.06%, and domestic aluminum was at 23,925 yuan per ton, down 1.66%. The supply side saw an increase in production capacity, while demand showed a decrease, leading to a 4.44% rise in social inventory [4]. Precious Metals - Precious metals prices were driven up by geopolitical tensions, with COMEX gold closing at $4,601.10 per ounce, a 1.83% increase week-on-week, and SHFE gold at 1,032.32 yuan per gram, up 2.57%. The market is observing fluctuations in interest rate expectations, which may affect future price trends [5].