有色金属行业报告：美债务上限临近或引发黄金和利率同向上行

Investment Rating - The industry investment rating is "Outperform the Market" [22] Core Views - The report highlights that gold prices are expected to find support around $2600, with potential upward momentum following the resolution of the U.S. debt ceiling issue in January [22] - Copper prices are anticipated to remain volatile, with a downward trend expected until they reach the $7500 support level [22] - Aluminum prices are showing signs of recovery as alumina prices decline, indicating a potential profit reversal for electrolytic aluminum producers [22] - Lithium prices are expected to stabilize in the short term, with a more active market anticipated post-holiday [22] - Tungsten prices are stabilizing, with short-term fluctuations expected as market dynamics evolve [22] Summary by Sections Market Performance - The non-ferrous metals sector experienced a weekly decline of 0.5%, ranking 15th among sectors [51] Price Movements - Gold prices on COMEX fell by 0.15%, while silver dropped by 0.33%. Platinum and palladium saw increases of 3.63% and 0.71%, respectively [53] - LME copper rose by 0.42%, aluminum by 0.59%, zinc by 2.27%, while lead and tin saw declines [8][30] Inventory Changes - Global visible inventories showed a decrease in steel by 4039 tons, aluminum by 20149 tons, zinc by 23705 tons, and lead by 4029 tons, while iron inventories increased by 274 tons [4]