金属周报 | 主权信用风险推升黄金破3000，铜价站上8万大关

Group 1 - The overall CPI for February showed a moderate decline, which alleviated concerns about recession and did not lead to a re-evaluation of the Federal Reserve's interest rate cut path, with the market still expecting a rate cut in June [1][3][28] - Gold and silver prices increased, with COMEX gold rising by 2.6% and silver by 4.41%, while SHFE gold and silver also saw gains of 2.28% and 3.85% respectively [2][16] - The copper market continued its upward trend, with COMEX copper prices increasing by 3.59% and SHFE copper by 2.72%, driven by supply tightness and production cuts from domestic smelting enterprises [2][5][28] Group 2 - The U.S. government faced another "shutdown" crisis, but a temporary funding bill was signed, leading to a surge in gold prices, which broke the $3,000 mark due to declining U.S. sovereign credit [4][14] - The copper concentrate market showed limited activity, with processing fees continuing to decline, and traders adopting a wait-and-see approach due to high copper prices [8][10] - COMEX gold inventory increased by approximately 670,000 ounces, while SHFE gold inventory remained stable, indicating a mixed supply situation in the precious metals market [22][24]