贵金属期现日报-20260311

Group 1: Investment Ratings - No investment ratings provided in the report Group 2: Core Views - Gold's support level at $5000 on the 20-day moving average is crucial. It's advisable to wait for a clear trend before taking action. Observe the volatility of the target to see if it declines. In the short term, sell out-of-the-money call options above 1170 yuan [1] - Silver prices may still face downward pressure due to multiple factors. Pay attention to the support of the 60-day moving average. When volatility converges, the operating range is between $80 - $90. Sell out-of-the-money call options to earn time value [1] - Platinum and palladium will maintain a weak and volatile trend in the short term. Platinum prices seek support around 550 yuan, and palladium may decline to around 410 yuan. Roll and sell out-of-the-money call options [1] Group 3: Summary by Directory Domestic Futures Closing Prices - AU2604 contract closed at 1140.80 yuan/g, down 11.20 yuan or -0.97% from the previous day [1] - AG2604 contract closed at 21740 yuan/ten pieces, up 101 yuan or 0.47% [1] - PT2606 contract closed at 560.50 yuan/g, down 3.45 yuan or -0.61% [1] - PD2606 contract closed at 421.50 yuan, down 6.50 yuan or -1.52% [1] Foreign Futures Closing Prices - COMEX gold main contract closed at $5181.30, up $88.00 or 1.73% [1] - COMEX silver main contract closed at $84.70, up $2.18 or 2.64% [1] - NYMEX platinum main contract closed at $2151.80 per ounce, up $23.60 or 1.11% [1] - NYMEX palladium main contract closed at $1657.00, up $7.00 or 0.42% [1] Spot Prices - London gold was at $5168.01, up $83.32 or 1.64% [1] - London silver was at $84.48, up $2.22 or 2.70% [1] - Spot platinum was at $2109.00, down $40.00 or -1.86% [1] - Spot palladium was at $1626.00, down $19.00 or -1.16% [1] - Shanghai Gold Exchange gold T+D was at 1138.46 yuan/g, down 10.10 yuan or -0.88% [1] - Shanghai Gold Exchange silver T+D was at 21350 yuan/ten pieces, up 282 yuan or 1.34% [1] - Shanghai Gold Exchange platinum 9995 was at 552 yuan/g, down 2 yuan or -0.41% [1] Basis - Gold TD - Shanghai gold main contract basis was -2.34, up 1.10, with a 1-year historical quantile of 46.10% [1] - Silver TD - Shanghai silver main contract basis was -390, up 181, with a 1-year historical quantile of 60.60% [1] - London gold - COMEX gold basis was -13.29, down 4.68, with a 1-year historical quantile of 58.30% [1] - London silver - COMEX silver basis was -0.22, up 0.04, with a 1-year historical quantile of 34.60% [1] Price Ratios - COMEX gold/silver ratio was 61.18, down 0.55 or -0.88% [1] - Shanghai Futures Exchange gold/silver ratio was 52.47, down 0.76 or -1.43% [1] - NYMEX platinum/palladium ratio was 1.30, up 0.01 or 0.68% [1] - Guangzhou Futures Exchange platinum/palladium ratio was 1.33, up 0.01 or 0.92% [1] Interest Rates and Exchange Rates - 10-year US Treasury yield was 4.15%, up 0.02 percentage points or 0.5% [1] - 2-year US Treasury yield was 3.56%, down 0.01 percentage points or -0.3% [1] - 10-year TIPS Treasury yield was 1.80%, down 0.02 percentage points or -1.1% [1] - US dollar index was 98.96, down 0.09 or -0.09% [1] - Offshore RMB exchange rate was 6.9093, down 0.0091 or -0.13% [1] Inventory and Positions - Shanghai Futures Exchange gold inventory was 105033, unchanged from the previous day [1] - Shanghai Futures Exchange silver inventory was 255952 kg, down 16769 kg or -6.15% [1] - COMEX gold inventory was 33081878, down 18415 or -0.06% [1] - COMEX silver inventory was 349145895 ounces, down 2196030 ounces or -0.63% [1] - COMEX gold registered warehouse receipts were 16899870, down 103591 or -0.61% [1] - COMEX silver registered warehouse receipts were 81733733, up 498427 or 0.61% [1] - SPDR gold ETF holdings were 1073, down 2.57 or -0.24% [1] - SLV silver ETF holdings were 15762, down 47.90 or -0.30% [1]