再创新高！黄金突破4800美元，白银首度升穿95美元！有色矿业ETF招商（159690）连续7日获净申购

Group 1 - Gold and silver prices reached historical highs, with COMEX gold and spot gold surpassing $4800 per ounce, and silver exceeding $95 per ounce [1] - The colored mining ETF (招商 159690) saw a 1.12% increase, with significant contributions from stocks like 湖南白银, 赤峰黄金, and others, reflecting a strong inflow of funds totaling 1.1 billion yuan over the past seven trading days [1] - Geopolitical tensions, particularly regarding Greenland and potential tariff increases on European countries, have heightened market risk aversion, leading to a surge in U.S. Treasury yields and a withdrawal from U.S. debt markets [1] Group 2 - 中邮证券 predicts that by 2026, gold will continue to serve as a viable alternative to U.S. Treasuries for asset allocation, with ongoing inflows into gold ETFs likely to drive prices higher [2] - Silver is expected to rise in 2026 due to declining inventories and some countries converting it into reserve assets, which may create shortages in the physical market [2] Group 3 - Industrial metals mostly experienced price increases, with COMEX aluminum rising over 1%, and other metals like nickel, tin, copper, and lead also showing gains [3] - 华福证券 notes that the strong cyclical nature of colored metals is being reinforced by economic recovery, with a narrative of re-inflation supporting ongoing market performance [3] - The colored mining ETF (招商 159690) focuses on upstream resource products, with key metals like gold, copper, and aluminum making up nearly 60% of its index, which has seen a 124.26% increase over the past year [3][4]