Group 1 - A panic sell-off swept through the global precious metals market, with silver prices dropping by 34.67% from above $110/oz to $75.38/oz, and gold prices falling by 12.41% from $5,400/oz to $4,709.68/oz [1] - The latest gold price recorded was $4,709.68, reflecting a decrease of $667.46 or 12.41% from the previous closing price of $5,377.14 [2] - The trading range for gold showed a volatility of 14.22%, with a high of $5,450.95 and a low of $4,686.12 [2] Group 2 - U.S. stock markets experienced a decline, with the Nasdaq down 1.22%, the Dow Jones falling over 1%, and the S&P 500 decreasing by 0.92% [4] - The nomination of Kevin Walsh as the next Federal Reserve Chairman has raised concerns regarding monetary policy direction and the independence of the Fed, with expectations of interest rate cuts between 50 to 100 basis points over the next year [4] - CICC analysts suggest that the gold bull market may not be over, despite gold prices deviating from fundamental indicators, indicating increased market volatility and difficulty in predicting specific price points [4] Group 3 - CICC anticipates that by early 2026, U.S. inflation will continue to rise, leading to a marginal improvement in U.S. growth, which may slow the pace of monetary easing and exert temporary pressure on gold prices [5] - Looking further ahead, with a new Federal Reserve Chairman taking office in May 2026, a downward turning point in U.S. inflation is expected in the second half of 2026, potentially accelerating interest rate cuts and supporting further increases in gold prices [5] - The same logic applies to silver, which may experience greater price volatility due to its smaller market size and lower liquidity compared to gold [5]

Core Viewpoint - A global panic sell-off has impacted the precious metals market, leading to significant declines in gold and silver prices. Group 1: Precious Metals Market - Spot gold experienced a daily decline of 12.41%, dropping from $5,400/oz to $4,709.68/oz [1] - Spot silver saw a dramatic drop of 34.67%, falling from above $110/oz to $75.38/oz [1] - The latest price for gold is $4,709.68, reflecting a decrease of $667.46 [2] Group 2: U.S. Economic Context - The U.S. stock market saw a broad decline, with the Nasdaq down 1.22%, the Dow Jones down over 1%, and the S&P 500 down 0.92% [4] - President Trump nominated Kevin Walsh, a former Fed governor, as the next Federal Reserve Chair, raising concerns about monetary policy direction and Fed independence [5][6] - Market expectations suggest that the Fed may lower interest rates by 50 to 100 basis points over the next year [6] Group 3: Future Outlook for Gold and Silver - According to China International Capital Corporation (CICC), the gold bull market may not be over despite current price volatility, as the Fed's policies and U.S. economic conditions remain critical [6] - CICC anticipates that by early 2026, rising inflation and improving economic growth in the U.S. could lead to a slowdown in the Fed's easing pace, potentially exerting pressure on gold prices [6] - The volatility in silver prices may be greater than that of gold due to its smaller market size and lower liquidity [6] Group 4: Banking Sector Adjustments - Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) announced adjustments to their personal gold accumulation business rules, including limits on transactions during non-trading days starting February 7, 2026 [7] - CCB raised the minimum amount for regular gold accumulation plans to 1,500 yuan, effective February 2, 2026, while existing plans will remain unaffected [10]

把"浙江之声"，更容易找到我们 美股全线下跌，纳指跌1.22%，道指跌超1%，标普500跌0.92%。 30日，美国总统特朗普提名美联储前理事凯文·沃什为下任美联储主席。 沃什2006年加入美联储，是当时最年轻的美联储理事。在美联储任职期间，沃什持鹰派货币政策立场，但近年转向支持特朗普的关税政策及加快降息立 场。该消息发布后，市场迅速聚焦其货币政策取向及美联储独立性问题。市场普遍认为，美联储未来一年降息幅度大致集中在50个基点至100个基点之 间。 中金公司分析指出，由于美联储政策与美国经济尚未出现拐点，因此黄金牛市可能并未结束。但在黄金价格已经脱离基本面指标与模型拟合后，市场波动 或明显增大，具体点位预测难度较高，建议淡化黄金价格点位预测，更关注资产趋势改变时点。 中金公司预期在2026年初，由于美国通胀持续上行，美国增长边际改善，美联储可能放缓宽松节奏，或对黄金表现形成阶段性压制。但是再往前看，随着 2026年5月新的美联储主席就职，2026下半年美国通胀迎来下行拐点，美联储可能再次加速降息，为黄金继续上涨提供新的支持。因此未来黄金牛市可能 不是单边行情，而会跟随美联储政策与美国经济动向出现波动。"上述逻 ...

30日，美国总统特朗普提名美联储前理事凯文·沃什为下任美联储主席。 北京时间1月31日凌晨，恐慌性抛售席卷全球贵金属市场。 现货白银日内跌幅一度扩大至34.67%，从110美元/盎司上方一路跌至75.38美元/盎司。现货黄金日内跌幅扩大至12.41%，从5400美元/盎司跌至4709.68美 元/盎司。 | V 期 XAU | ◀ | | | 伦敦金（现货黄金）CFD ▶ | | | | --- | --- | --- | --- | --- | --- | --- | | 4709.68 -667.46 -12.41% | | | | | | (664) ... | | 01-31 02:40:00 | | | | | | | | 今开 5450.95 | 5400.25 | 最高 | | 持仓量 | | | | 振幅 | 14.22% | 最低 | 4686.12 | | 昨结算 5377.14 | | | 美元指数 97.0906 +0.9269% | | | | | | | | 周K 分时 - - - | | | | 目K | 更多, 田 ◎ | | | 均价:5142.52 最新:4709.68 - ...

Core Viewpoint - A panic sell-off has swept through the global precious metals market, leading to significant declines in both silver and gold prices. Group 1: Precious Metals Market - Spot silver experienced a drastic intraday drop of 34.67%, falling from above $110/oz to $75.38/oz [1] - Spot gold saw an intraday decline of 12.41%, decreasing from $5400/oz to $4709.68/oz [1][2] Group 2: Market Reactions - The U.S. stock market faced a broad decline, with the Nasdaq down 1.22%, the Dow Jones dropping over 1%, and the S&P 500 falling by 0.92% [4] - The market is closely monitoring the nomination of Kevin Walsh as the next Federal Reserve Chairman, which has raised concerns about monetary policy direction and the independence of the Fed [5][6] Group 3: Future Outlook - Analysts from China International Capital Corporation (CICC) suggest that the gold bull market may not be over, despite current price volatility [6] - The expectation is that the Fed may slow down its easing pace by early 2026 due to rising inflation and improving economic growth, which could temporarily pressure gold prices [6] - The future bull market for gold is anticipated to be volatile, influenced by Fed policies and U.S. economic trends, with silver expected to experience even greater price fluctuations due to its smaller market size [6]

北京时间1月31日凌晨，恐慌性抛售席卷全球贵金属市场。 现货白银日内跌幅扩大至34.67%，从110美元/盎司上方一路跌至75.38美元/盎司。现货黄金日内跌幅扩大至12.41%，从5400美元/盎司跌至4709.68美元/盎 司。 | √ 期 XAU | ◀ | | 伦敦金（现货黄金）CFD ▶ Q Q Q | | | | --- | --- | --- | --- | --- | --- | | 4709.68 -667.46 -12.41% | | | | | (364) ... | | 01-31 02:40:00 | | | | | | | 今开 | 5400.25 | 最高 | 5450.95 | 持仓量 | | | 振幅 | 14.22% | 最低 | 4686.12 | 昨结算 5377.14 | | | 美元指数 97.0906 +0.9269% | | | | | | | 分时 FRE EK | | | FK 周K | 更多, 田 ◎ | | | 均价:5142.52 最新:4709.68 -667.46 -12.41% | | | | | | | 6068.16 | | | | | 12 ...

沃什2006年加入美联储，是当时最年轻的美联储理事。在美联储任职期间，沃什持鹰派货币政策立场，但近年转向支持特朗普的关税政策及加快降息立 场。该消息发布后，市场迅速聚焦其货币政策取向及美联储独立性问题。市场普遍认为，美联储未来一年降息幅度大致集中在50个基点至100个基点之 间。 中金公司分析指出，由于美联储政策与美国经济尚未出现拐点，因此黄金牛市可能并未结束。但在黄金价格已经脱离基本面指标与模型拟合后，市场波动 或明显增大，具体点位预测难度较高，建议淡化黄金价格点位预测，更关注资产趋势改变时点。 中金公司预期在2026年初，由于美国通胀持续上行，美国增长边际改善，美联储可能放缓宽松节奏，或对黄金表现形成阶段性压制。但是再往前看，随着 2026年5月新的美联储主席就职，2026下半年美国通胀迎来下行拐点，美联储可能再次加速降息，为黄金继续上涨提供新的支持。因此未来黄金牛市可能 不是单边行情，而会跟随美联储政策与美国经济动向出现波动。"上述逻辑同样适用于白银等商品。由于白银的市场规模更小，流动性相对更低，价格波 动幅度可能会大于黄金。" 北京时间1月31日凌晨，恐慌性抛售席卷全球贵金属市场。 截至发稿，现货白银 ...

1月30日，现货黄金价格快速下行，盘中一度跌破5000美元/盎司关口，跌幅超过8%。现货白银一度重挫超过18%，跌破100 美元/盎司关口。 截至发稿时，现货黄金和现货白银的跌幅略有收窄，不过仍有6%和15%。年初至今的涨幅收窄至16%和37%左右。 | 国际贵金属 | | | | | | --- | --- | --- | --- | --- | | 名称 | 现价 | 涨跌 | 涨跌幅 | 年初至今 | | 伦敦金现 5015.729 -361.431 -6.72% | | | | 16.15% | | 伦敦银现 | 98.230 | -17.636 | -15.22% | 37.24% | | COMEX黄金 | 5028.6d | -326.2 | -6.09% | 16.08% | | COMEX白银 | 98.500d | -15.929 -13.92% | | 38.77% | 1月29日，贵金属价格日内已出现巨震，现货黄金价格从5530美元/盎司附近跌至5105.83美元/盎司，日内最大跌幅达5.7%， 一度跌超400美元，随后快速反弹，最终收跌0.69%，报5377.4美元/盎司。现货银价也 ...

今天由于在外出差，简单说一下黄金： 昨晚金价跌到5100美元左右之后，今天早上二次反弹形成诱多，见顶的行情最关键的不是看高点在哪，没有人知道最高点，盯着深调之后支撑位置 5100美元的二次失守。 另外，这一次反弹5400美元之后没有延续，二次又回到了5100美元，如果5100美元被击穿，那短期就会有一波比较深的调整行情，上涨有两个位 置，一个是3900美元，另一个是4300美元。 一念天堂，一夜地狱，空头突然反杀，多头还手的机会都没有。 黄金瞬间从5600美元掉到5100美金左右，白银跌幅更大，从120美元跌到105美金。 当所有人都对风险无视的时候，风险往往来的就很突然，很多人措手不及，尤其高位追多的，500美金左右的下跌仓位稍管理不到位就被淘汰出局 了。 目前，黄金修正反而是好事，只有降温了之后市场才会有更大的机会，单边强势上涨只有空头那牛反而走不远。 从日线来看，这一次能不能调整的关键在5100美元的得失，一旦这里被击穿，那调整一般50%左右，按4300美元到5600美元中间1300美元的1/2就是 600-700美元左右，也就是调整在4800-4900美元附近。 另外，如果从3900美元到5600美元 ...

1月30日：上交易日周四（1月29日）：国际黄金黄金创下史上最大单日振幅（近500美金），先是一度 最高冲到接近5600美元，之后又一度跌至5100美元附近；最终又触底回升，振幅缩减，小幅收跌。走势 上，仍维持在上升趋势内，多头仍具前景。 具体走势上，金价自亚市开于5421.64美元/盎司，先行走强，半小时左右即录得日内高点5595.97美元， 随后，有所回撤，日内整体保持在5470-5560美元区间内震荡盘整，到美盘23点时段，空头发力，又在 半小时左右迅速坠落至5104.73美元日低点，最后又触底回升，于盘尾收于5382.69美元，日振幅494.24 美元，收跌38.95美元，跌幅0.72%。 影响上，亚市早盘先行延续周三的强势多头动力，以及地缘局势的升级推动而走强触及高点，之后因动 力有限，以及美联储决议对于降息前景的减弱，而有所获利了结并陷入横盘震荡； 所以，当下，在一个充满变数的全球环境中，黄金将继续扮演关键角色。未来一两年周期来看，任何的 回调，也仍是多头入场机会。短期仍有望进一步冲击6000美元关口之上。再鉴于市场情况和未来预期， 牛市目标也仍可进一步上移，年内预期上看7500美元，2029年前 ...