国金期货沪银日度报告-20250605

Group 1: Report Summary - Report on the daily situation of Shanghai Silver futures on June 4, 2025, with a focus on price, trading volume,持仓量, economic data, and tariff policies [3] Group 2: Industry Investment Rating - Not provided Group 3: Core Viewpoints - The risk and uncertainty of the US economy are rising, and the futures price may fluctuate strongly in the near future. Attention should be paid to global trade and geopolitical negotiations [3] Group 4: Market Data - The opening price of the Shanghai Silver main contract was 8,475 yuan/kg, the lowest price was 8,451 yuan/kg, the highest price was 8,498 yuan/kg, and the closing price was 8,463 yuan/kg [3] - The trading volume was 449,000 lots, and the 持仓量 was 380,000 lots, an increase of 9,481 lots from the previous trading day [3] Group 5: US Economic Data - The number of JOLTS job openings in the US in April was 7.39 million, higher than the previous value of 7.2 million and the expected 7.1 million [3] - The ADP employment in the US in May increased by 37,000, with an expected increase of 110,000 and a previous increase of 62,000 [3] Group 6: Tariff Policy - Trump's new round of steel and aluminum tariff policy officially took effect on Wednesday, raising the tax rate from 25% to 50%, pushing the "trade worry sentiment" to the forefront of the market again [3]