贵金属日报-20251216

Report Industry Investment Ratings - Gold: ★☆☆, indicating a bullish bias but with limited trading operability [1] - Silver: ★☆★, suggesting a relatively balanced short - term trend with poor trading operability, advising to wait and see [1] - Platinum: ★☆☆, showing a bullish bias but with limited trading operability [1] Core Viewpoints - Overnight, precious metals declined. After the Fed meeting, the easing trade continued. Gold neared its all - time high, and if it breaks through, the strong performance of precious metals is expected to continue. Platinum and palladium reached new highs since listing, with the overseas market breaking through the previous high and accelerating the upward trend. Against the backdrop of strong gold and silver, relatively undervalued platinum is favored by long - position funds. With the booming development of commercial space and the potential for platinum use in the hydrogen energy sector, and strong rigid constraints on the supply side, the long - term allocation rhythm of platinum is clear. Tonight, focus on the release of US November non - farm payrolls data [1] Other Key Information - Fed Chair candidate game intensifies. Hassett faces opposition from top - level officials around Trump due to concerns about being too close to Trump. New York Fed President Williams believes that employment slowdown and inflation risk mitigation support a December rate cut, but it's hard to judge the next meeting; Boston Fed President Collins supports a December rate cut due to changes in inflation prospects; Fed Governor Milan thinks the underlying inflation is close to the target and the Fed's policy stance is too tight [2] - The US delegation in Berlin insists that Ukraine hand over the Donbass region, and Ukraine will get security guarantees similar to NATO's Article 5. Zelensky says the negotiations are fruitful, but the US and Ukraine have different stances on territory. Trump says it's closer than ever to reaching a "peace agreement" [2] - US media reports that the White House privately scolds Netanyahu for violating the cease - fire agreement [2] - Japanese media reports that the Bank of Japan is expected to raise interest rates to 0.75%, the highest level in 30 years [2]