Group 1: Report Overview - Report Date: December 18, 2025 [1] - Report Subject: Precious Metals Morning Report Group 2: Industry Investment Rating - No industry investment rating is provided in the report Group 3: Core Views - **Gold**: After the UK CPI, the market's expectation of the central bank cutting interest rates within the year has increased. The US dollar rebounded, and gold prices continued to rise. The gold price was also pushed up by the sharp rise in silver prices. The gold - silver ratio is at a low level, and the gold price still has support [4]. - **Silver**: The sharp rise in lithium carbonate has led to another substantial increase in silver prices. Although the US dollar rebounded at night, the upward momentum of silver prices has been significantly curbed. The bullish sentiment for Shanghai silver remains high [5]. Group 4: Summary by Directory 1. Previous Day Review - **Gold**: COMEX gold futures rose 0.90% to $4371.40 per ounce. The 10 - year US Treasury yield rose 1.36 basis points to 4.153%. The US dollar index rose 0.18% to 98.40. The offshore RMB depreciated slightly against the US dollar to 7.0399 [4]. - **Silver**: COMEX silver futures rose 4.92% to $66.44 per ounce. The 10 - year US Treasury yield rose 1.36 basis points to 4.153%. The US dollar index rose 0.18% to 98.40. The offshore RMB depreciated slightly against the US dollar to 7.0399 [5]. 2. Daily Tips - **Gold**: The basis is - 5.93, with the spot price at a discount to the futures price. The gold futures warehouse receipt is 91302 kilograms, an increase of 3 kilograms. The 20 - day moving average is upward, and the K - line is above the 20 - day moving average. The main net position is long, and the long position of the main force has increased [4]. - **Silver**: The basis is - 34, with the spot price at a discount to the futures price. The Shanghai silver futures warehouse receipt is 890715 kilograms, with a daily increase of 32901 kilograms. The 20 - day moving average is upward, and the K - line is above the 20 - day moving average. The main net position is long, but the long position of the main force has decreased [5]. 3. Today's Focus - Events include the official launch of the full - island customs closure operation of the Hainan Free Trade Port, US President Trump's national speech, the Ministry of Commerce's regular press conference, interest rate decisions of multiple central banks (Swedish, Norwegian, British, European, Mexican), the release of the US November CPI and the number of initial jobless claims for the week of December 13th, and the European Council meeting to discuss issues such as Ukraine and the EU's multi - year financial framework [14]. 4. Fundamental Data - **Gold**: The inflation expectation has shifted to an economic recession expectation, and it is difficult for the gold price to decline. The recent interest rate cut expectations of the Federal Reserve and the optimistic expectations of the Russia - Ukraine peace talks have jointly affected the market, and the upward impetus of the gold price still exists but is limited [9]. - **Silver**: The silver price still follows the gold price. The concern about tariffs has a stronger impact on the silver price, and the silver price is prone to an enlarged increase [12]. 5. Position Data - **Gold**: As of December 17, 2025, the long position volume was 192,805, an increase of 1.40% compared to the previous day; the short position volume was 55,577, a decrease of 2.31%; the net position was 137,228, an increase of 2.98% [29]. - **Silver**: As of December 17, 2025, the long position volume was 408,957, an increase of 4.49% compared to the previous day; the short position volume was 303,451, an increase of 7.29%; the net position was 105,506, a decrease of 2.82% [31].

汇通财经APP讯——在2025年年末的全球金融市场中，价格犹如脱缰野马般强劲上扬，受到美国就业数据疲软、美联储降息预期重燃以及地缘政治紧张局势 升级等多重因素的合力推动，周三（12月17日）黄金价格继续攀升，盘中最高曾触及4348.70美元/盎司，收报4338美元/盎司附近，涨幅接近1%。与此同 时，价格更是突破66美元大关，创下历史新高66.88美元/盎司，铂金也触及逾17年最高点。周四（12月18日）亚市早盘，现货黄金窄幅震荡，目前交投于 4340美元/盎司附近，本交易日重点关注特朗普的全国讲话和延迟公布的美国11月CPI数据。 就业数据疲软点燃降息预期 美国11月就业数据发布后，市场情绪迅速转向乐观，尽管新增就业岗位达到6.4万个，超出预期，但失业率意外升至4.6%，创下2021年9月以来最高水平。这 一数据揭示了劳动力市场的潜在疲软迹象，投资者普遍解读为美联储可能加速降息的信号。黄金作为非孽息资产，在低利率环境下往往表现出色，因为降息 会降低持有黄金的机会成本，从而吸引更多资金流入。 除了经济数据的影响，国际地缘政治局势的恶化也为黄金提供了强劲支撑。美国总统特朗普周二下令封锁所有进出委内瑞拉的受制裁油 ...

Core Viewpoint - The recent decline in the U.S. stock market, particularly in technology stocks, is a correction of overly optimistic expectations regarding AI capital expenditures and the Federal Reserve's imminent interest rate cuts [4][6]. Group 1: Market Reaction - The immediate trigger for the market drop was news that Oracle's $100 billion data center project might face obstacles, raising concerns about whether high capital expenditures in AI will yield tangible returns [3][4]. - Major AI stocks like Nvidia, Broadcom, AMD, and Oracle experienced significant declines, indicating a shift in investor sentiment from optimism to scrutiny [2][4]. Group 2: Economic and Policy Expectations - The latest employment data showed an increase in job creation despite a rise in unemployment, complicating the economic outlook and reducing the urgency for the Federal Reserve to implement aggressive rate cuts [4]. - The market is recalibrating its expectations regarding the U.S. economy and Federal Reserve policies, moving away from a phase driven solely by liquidity and dreams to one that requires more reliance on fundamental data and profit realization [4][6]. Group 3: Investment Strategy Recommendations - Investors are advised to maintain composure and not overreact to short-term market fluctuations, as the core drivers of the A-share market are domestic economic recovery, industrial policies, and company competitiveness [5]. - It is recommended to optimize portfolio structures by balancing dreams with reality, being cautious of companies with high valuations based solely on unfulfilled concepts, and focusing on firms with reasonable valuations and visible performance [5]. - Investors should identify opportunities arising from irrational sell-offs of quality tech companies due to external emotional shocks, as long as the fundamental strengths of these companies remain intact [5].

今年是贵金属价格集体冲高的一年，继黄金和白银之后，铂金再次成为市场上最受关注的资产之一。 近日，铂金价格走势强劲，现货铂金价格一度超过每盎司1800美元。截至目前，铂金价格年内累计涨幅 已近90%，超过黄金年内涨幅，上演了一场"翻身仗"。 三轮跳涨 铂金价格年内翻倍 今年以来，NYMEX铂金期货价格累计上涨105%，是继白银后又一贵金属实现翻倍上涨。 近期，中国铂钯期货期权上市、欧洲燃油车禁令政策调整的讨论，以及"十五五"规划提到氢能关键定 位，而铂金作为氢燃料催化的首选催化剂，其利用价值更加凸显。多重利好集中推动铂金价格加速上 行。 供需方面，全球范围内，铂金市场持续处于严重短缺状态，根据WPIC最新统计，2025年全球铂金市场 预计将出现26.4吨的短缺，不过总需求预期也同比下降4%至244.8吨。 部分黄金饰品商家转换赛道 记者在深圳水贝市场看到不少新开的铂金饰品店铺，一些饰品铺位也减少了黄金饰品的摆放数量，转而 销售铂金饰品。 （水贝市场铂金饰品价格 吴家明/摄） 12月16日，记者看到水贝市场的铂金饰品克价在440元左右。有现场店铺的工作人员表示，今年以来铂 金饰品价格有过几波"行情"，今年6月的时 ...

Core Viewpoint - The Japanese yen is experiencing slight weakness ahead of the Bank of Japan's policy meeting, with market expectations leaning towards an interest rate hike, while the US labor market data shows signs of weakness, leading to a bearish outlook for USD/JPY [1] Group 1: Market Expectations - There is a growing expectation that the Bank of Japan will initiate an interest rate hike, which is providing support for the yen [1] - The Bank of Japan Governor indicated that the likelihood of achieving economic and price expectations is increasing, with Japan's inflation target nearing fulfillment [1] Group 2: US Economic Indicators - Recent non-farm employment data from the US shows a mixed trend, indicating a gradual slowdown in labor market growth, which has intensified expectations for further rate cuts by the Federal Reserve [1] - This trend is limiting the short-term rebound potential for the US dollar, indirectly applying pressure on the USD/JPY pair [1] Group 3: Technical Analysis - The daily chart indicates that the USD/JPY has been declining from recent highs, forming a short-term bearish consolidation structure, with oscillators showing negative signals [2] - The current price is near monthly lows, and a break below this support level would signal the start of a new downtrend [2] - Key resistance levels are being tested, and a breakthrough could trigger a short-term bullish correction, with targets set at recent key round numbers [2]

1. Report Industry Investment Rating The report does not mention the industry investment rating. 2. Core Viewpoints of the Report - Today, precious metals showed a volatile and upward - trending pattern. The main contract of Shanghai gold closed up 0.42%, the main contract of Shanghai silver rose 5.05%, the main contract of platinum increased by 7%, and the main contract of palladium climbed 6.99%. [1] - In the short - term, the hedging demand from trade wars has subsided, but geopolitical risks still exist. The US employment situation has weakened, and inflation is moderate, causing the expectation of interest rate cuts to slow down. [1] - After the US and Europe consider providing security protection to Ukraine after a cease - fire, the German Chancellor stated that military action against the Russian army could be taken if necessary. Consensus has been announced from the Sino - US economic and trade consultations. Geopolitical risks in the Middle East and other regions still remain. [1] - In November, the US employment rebounded more than expected, and the unemployment rate reached a four - year high. The Fed cut the interest rate amidst various disagreements, hinting at a suspension of action and only one possible interest rate cut next year. Powell pointed out that the Fed's interest rate policy is in a good position to handle future economic trends, but he refused to provide guidance on whether there will be another interest rate cut in the near future. Currently, the market expects the probability of the Fed not cutting interest rates in January 2026 to remain around 80%, and the next possible interest rate cut may be in April. The US dollar index and US Treasury yields are oscillating weakly. [1] - Silver is supported by tight supply. The demand for platinum - based catalysts in the platinum hydrogen energy industry is expected to be strong. Palladium still has short - term demand resilience but faces long - term structural pressure from the fuel - vehicle market. The CRB commodity index is oscillating weakly, and the appreciation of the RMB is negative for domestic prices. [1] - It is expected that in the short - term, gold will be weak while silver will be strong, and platinum and palladium will rise; in the medium - term, they will oscillate at a high level; in the long - term, they will rise step - by - step. [1] - The gold price trend is the anchor for the silver price. In terms of capital, the net long position of CFTC silver and the iShare silver ETF have slightly increased their positions. In terms of inventory, the recent explicit inventory of silver has slightly increased. [5] 3. Summary by Relevant Catalogs Gold Strategy - For conservative investors, it is recommended to wait and see; for aggressive investors, it is advisable to sell high and buy low. It is suggested to manage positions well and strictly set stop - loss and take - profit levels. [2] Data - **International prices**: The closing price of the Comex gold main contract was $4332.20 per ounce, down $2.10 (-0.05%) from the previous day and up $95.60 (2.26%) from the previous week. The price of London gold was $4324.20 per ounce, up $8.35 (0.19%) from the previous day and up $126.20 (3.01%) from the previous week. [2] - **Domestic prices**: The closing price of the Shanghai gold main contract on the Shanghai Futures Exchange was 979.72 yuan per gram, up 8.30 yuan (0.85%) from the previous day and up 23.32 yuan (2.44%) from the previous week. The closing price of gold T + D on the Shanghai Gold Exchange was 972.93 yuan per gram, up 8.26 yuan (0.86%) from the previous day and up 21.80 yuan (2.29%) from the previous week. [2] - **Basis, spreads, and ratios**: The difference between the Shanghai gold main contract and London gold was - 7.43 yuan per gram, up 8.74 yuan (-54%) from the previous day and up 3.18 yuan (-30%) from the previous week. The basis of the Shanghai gold main contract was - 6.79 yuan per gram, down 0.04 yuan from the previous day and down 1.52 yuan from the previous week. The gold - silver ratio (London gold/London silver) was 67.70, down 2.28 (-3.26%) from the previous day and down 4.21 (-5.86%) from the previous week. The gold - copper ratio (Comex gold/Comex copper) was 8.08, up 0.06 (0.78%) from the previous day and up 0.13 (1.63%) from the previous week. The gold - oil ratio (Comex gold/WTI crude oil) was 78.67, up 2.20 (2.87%) from the previous day and up 6.11 (8.42%) from the previous week. [2] - **Positions**: The position of Comex gold was 432,946 lots (100 ounces per lot), unchanged from the previous day and the previous week. The position of the Shanghai gold main contract on the Shanghai Futures Exchange was 197,105 lots (1 kilogram per lot), up 899 lots (0.46%) from the previous day and up 4,446 lots (2.31%) from the previous week. The position of gold TD on the Shanghai Gold Exchange was 45,964 lots (1 kilogram per lot), down 1,736 lots (-0.79%) from the previous day and up 16,318 lots (8.13%) from the previous week. [2] - **Inventory**: The LBMA inventory was 8,598 tons, unchanged from the previous day and the previous week. The Comex gold inventory was 1,152 tons, unchanged from the previous day and down 13 tons (-1.08%) from the previous week. The Shanghai gold inventory on the Shanghai Futures Exchange was 18 tons, unchanged from the previous day, up 1.57% from the previous day, and up 1.32% from the previous week. [2] - **CFTC managed - fund net positions**: The weekly position of asset management institutions was 107,976 lots, with an increase of 11,291 lots compared to the previous week. [2] - **Gold ETF**: The SPDR gold ETF was 952.53 tons, unchanged from the previous day and down 3.15 tons (-0.33%) from the previous week. [2] - **Futures warehouse receipts**: The registered warehouse receipt quantity of Shanghai gold was 18 tons, unchanged from the previous day and up 0.38% from the previous week. [2] Top 10 Net Positions of Futures Companies' Members in Shanghai Gold on the Shanghai Futures Exchange - **Long positions**: The total long positions of the top 5 members were 80,129 lots, an increase of 2,211 lots (23.17%); the total long positions of the top 10 members were 115,253 lots, an increase of 2,264 lots (33.33%); the total long positions of the top 20 members were 151,017 lots, an increase of 3,649 lots (43.67%). [3] - **Short positions**: The total short positions of the top 5 members were 10,555 lots, a decrease of 500 lots (3.05%); the total short positions of the top 10 members were 13,468 lots, a decrease of 519 lots (3.89%); the total short positions of the top 20 members were 14,364 lots, a decrease of 534 lots (4.15%). [3] Silver Strategy - For conservative investors, it is recommended to wait and see; for aggressive investors, it is advisable to sell high and buy low. It is suggested to manage positions well and strictly set stop - loss and take - profit levels. [6] Data - **International prices**: The closing price of the Comex silver main contract was $64.13 per ounce, up $2.04 (3.29%) from the previous day and up $5.63 (9.62%) from the previous week. The price of London silver was $63.87 per ounce, down $0.64 (-0.99%) from the previous day and up $5.50 (9.41%) from the previous week. [6] - **Domestic prices**: The closing price of the Shanghai silver main contract on the Shanghai Futures Exchange was 15,512 yuan per kilogram, up 846 yuan (5.77%) from the previous day and up 1,139 yuan (7.92%) from the previous week. The closing price of silver T + D on the Shanghai Gold Exchange was 15,455 yuan per kilogram, up 806 yuan (5.50%) from the previous day and up 1,078 yuan (7.50%) from the previous week. [6] - **Basis and spreads**: The difference between the Shanghai silver main contract and London silver was 1,058.46 yuan per gram, up 990.83 yuan (1465.09%) from the previous day and down 63.02 yuan (-5.62%) from the previous week. The basis of the Shanghai silver main contract was - 57 yuan per kilogram, down 40 yuan from the previous day and down 61 yuan from the previous week. [6] - **Positions**: The position of Comex silver was 144,541 lots (5000 ounces per lot), unchanged from the previous day and the previous week. The position of the Shanghai silver main contract on the Shanghai Futures Exchange was 5,834,910 lots (1 kilogram per lot), up 373,980 lots (6.85%) from the previous day and down 923,445 lots (-13.66%) from the previous week. The position of silver TD on the Shanghai Gold Exchange was 3,762,134 lots (1 kilogram per lot), up 35,016 lots (0.94%) from the previous day and down 71,616 lots (-1.87%) from the previous week. [6] - **Inventory**: The LBMA inventory was 27,186 tons, an increase of 932 tons (3.55%) from the previous week. The Comex silver inventory was 14,115 tons, down 22 tons (-0.00%) from the previous day and down 61 tons (-0.43%) from the previous week. The Shanghai silver inventory on the Shanghai Futures Exchange was 912 tons, an increase of 170 tons (22.93%) from the previous week. The silver inventory on the Shanghai Gold Exchange was 714 tons, an increase of 21 tons (3.04%) from the previous week. The total explicit inventory was 42,836 tons, down 22 tons (-0.05%) from the previous day and up 93 tons (0.22%) from the previous week. [6] - **CFTC managed - fund net positions**: The weekly position of asset management institutions was 20,127 lots, a decrease of 806 lots compared to the previous week. [6] - **Silver ETF**: The iShare silver ETF was 16,018.29 tons, unchanged from the previous day and down 64.87 tons (-0.40%) from the previous week. [6] - **Futures warehouse receipts**: The registered warehouse receipt quantity of Shanghai silver was 820,921 kilograms, an increase of 132,965 kilograms (19.33%) from the previous week. [6] Top 10 Net Positions of Futures Companies' Members in Shanghai Silver on the Shanghai Futures Exchange - **Long positions**: The total long positions of the top 5 members were 126,825 lots, an increase of 11,877 lots (15.88%); the total long positions of the top 10 members were 172,346 lots, an increase of 26,401 lots (21.58%); the total long positions of the top 20 members were 212,404 lots, an increase of 29,129 lots (26.59%). [7] - **Short positions**: The total short positions of the top 5 members were 51,487 lots, an increase of 6,995 lots (6.45%); the total short positions of the top 10 members were 81,083 lots, an increase of 12,039 lots (10.15%); the total short positions of the top 20 members were 100,625 lots, an increase of 16,277 lots (12.60%). [7] Fundamental Key Data - **Federal Reserve**: The upper limit of the federal funds target rate was 3.75%, a decrease of 0.25 percentage points compared to the previous value; the discount rate was 3.75%, a decrease of 0.25 percentage points compared to the previous value; the interest rate on reserve balances (IORB) was 3.65%, a decrease of 0.25 percentage points compared to the previous value; the Fed's total assets were $6,590.319 billion, an increase of $4.134 billion (0.00%) compared to the previous value; M2 (year - on - year) was 4.65%, an increase of 0.15 percentage points compared to the previous value. [8] - **US Treasury yields and related spreads**: The 10 - year US Treasury real yield was 2.52%, down 0.02 (-0.79%) from the previous day and up 0.01 (0.40%) from the previous week; the US dollar index was 98.22, down 0.06 (-0.06%) from the previous day and down 1.02 (-1.03%) from the previous week; the US Treasury spread (3 - month to 10 - year) was 0.16, up 0.02 (14.29%) from the previous day and up 0.04 (25.00%) from the previous week; the US Treasury spread (2 - year to 10 - year) was - 0.51, up 0.05 (-8.93%) from the previous day and up 0.06 (13.33%) from the previous week; the US - Europe spread (10 - year bond yield) was 1.61, down 0.03 (-1.83%) from the previous day and up 1.61 (100.00%) from the previous week; the US - China spread (10 - year bond yield) was 2.90, down 0.03 (-0.98%) from the previous day and down 0.00 (-0.17%) from the previous week. [8][10] - **US inflation**: CPI (year - on - year) was 3.00%, unchanged; CPI (month - on - month) was 0.30%, unchanged; core CPI (year - on - year) was 3.00%, unchanged; core CPI (month - on - month) was 0.30%, unchanged; PCE price index (year - on - year) was 2.79%, an increase of 0.05 percentage points; core PCE price index (year - on - year) was 2.83%, a decrease of 0.08 percentage points; the 1 - year inflation expectation of the University of Michigan was 4.10%, a decrease of 0.40 percentage points; the 5 - year inflation expectation of the University of Michigan was 3.20%, a decrease of 0.20 percentage points. [10] - **US economic growth**: GDP (annualized year - on - year) was 2.00%, a decrease of 0.30 percentage points; GDP (annualized quarter - on - quarter) was 3.80%, an increase of 4.40 percentage points. [10] - **US labor market**: The unemployment rate was 4.60%, an increase of 0.20 percentage points; the monthly change in non - farm payrolls was 6.40 million, an increase of 1.69 million; the labor participation rate was 62.40%, unchanged; the average hourly wage growth rate was 3.50%, a decrease of 0.20 percentage points; the weekly working hours were 34.30 hours, an increase of 0.10 hours; ADP employment was - 3.20 million, a decrease of 7.90 million; the initial jobless claims for the week were 23.60 million, an increase of 4.40 million; the number of job openings was 8.179 million, an increase of 0.502 million; the number of Challenger corporate layoffs was 7.13 million, a decrease of 8.18 million. [10] - **US real estate market**: The

后续重点关注周四11月CPI和周五PCE数据，要是通胀数据疲软，可能进一步推高金价，想入手或变现 的朋友别错过信号。 今日黄金价格：2025年12月17日。 家人们注意了，今天金价上涨，银价创历史新高。受美国就业数据喜忧参半、美联储降息预期升温，还 有地缘局势加剧、美元和美债收益下跌等因素影响，贵金属全线走高。 截至上午18点22分，伦敦现货黄金报4320美元/盎司，美黄金4363美元/盎司；现货白银过66美元大关， 再创历史新高。国内方面，实时金价979元/克，黄金回收价960元/克，周大福、潮宏基等品牌金饰克价 多在1353元左右，基本持平昨日。 ...

对于铜价走势，金瑞期货表示，虽然CSPT小组达成降低矿铜产能负荷等共识，但目前冶炼利润尚有硫 酸支撑，且临近年底冶炼或仍回升。进出口方面，因出口打开，国内可能继续有出口安排。消费端，近 期下游消费表现仍走弱，开工保持在季节性低位。国内平衡无过剩压力的主要驱动或来源于出口。海外 方面，LME注销仓单大幅提升，紧张预期提前反映。展望后市，宏观边际上驱动放缓，基本面非美紧 张预期持续存在，短期宏微观驱动分化，价格或回归宽幅震荡。 沪铜早间小幅低开，日内行情回暖，收盘上涨0.4%。喜忧参半的美国非农数据一定程度提振美联储降 息预期，市场氛围偏暖，高铜价对需求的压制仍然存在，但矿端支撑同样较强。 隔夜公布的美国11月非农数据喜忧参半，虽然新增就业人口超过预期，但是失业率攀升至4.6%，为逾 四年高位，考虑到失业率的攀升可能受美国政府停摆影响，对于美国劳动力市场表现后续仍需跟踪。 最近国内铜精矿现货加工费低位运行，铜精矿市场活跃度一般，更多聚焦于长单谈判，矿紧仍将持续对 铜价形成支撑。上周五沪铜再创新高，最近期价也一直高位震荡，精废价差仍然高企，精铜消费受抑 制，12月初以来国内精铜社会库存持续回升，截至周初升至17万吨 ...

本周一，人民币对美元汇率盘中大涨，离岸、在岸人民币对美元汇率双双升破7.05元的关口，创下14个月以来的新高。 其中，在岸人民币对美元汇率最高升至7.0470元，离岸人民币最高升至7.0453元。 可能一些小伙伴要问了：离岸和在岸人民币有什么区别？这次的人民币汇率大涨有何不同？对我们又有什么影响？ 简单来说，在岸人民币和离岸人民币，核心区别在于交易和管理的"地理位置"不同。 01在岸人民币 在岸人民币就是在中国内地交易的、受到央行严格监管的人民币。它的汇率受到政策引导，所以波动相对小。 02离岸人民币 所谓离岸人民币，就是交易地点在中国内地以外（比如中国香港、新加坡、伦敦等）的人民币，目前中国香港是最活跃的离岸人民币市场。 | 7.04270 ↓ | 最 高 | 7.05559 今 开 | 7.05534 | | --- | --- | --- | --- | | -0.01072 -0.15% | 最 低 | 7.04175 昨 收 1 | 7.05341 | | 52周最高 | 7.42911 买 价 | 7.04193 最低买价 | 7.04098 | 我们可以把离岸人民币汇率理解成在境外买卖人民币的" ...

富格林作为稳健营运近16年的资深企业，凭借享誉亚洲500强名企的雄厚实力为投资者严厉曝光各式欺诈套路，坚持护航资产增值之路。周二（12月16日） 现货黄金价格在高位震荡，受到了美国就业数据、地缘政治紧张局势以及美联储政策预期的多重影响。最新公布的非农数据强化了市场对美联储进一步降 息的预期，俄乌冲突的最新进展为黄金提供了潜在的避险支撑。投资者们正密切关注即将公布的CPI和PCE数据，以及美联储官员的讲话，这些因素将共同 塑造黄金的短期走势。投资者如面对欺诈套路疑惑，可随时在线联系富格林分析师团队，善用提供的即时策略意见高效把握曝光的获利良机。 富格林据讯，周二现货黄金盘中一度重回4330美元上方，但未能站稳此处，再次回至4300大关附近震荡，最终收跌0.07%，报4302.36美元/盎司。 在经历政府停摆导致的多次延迟后，美国周二公布数据显示，11月非农就业人数增加6.4万人，高于市场普遍预期的5.1万人，显示就业增长出现一定反弹。 尽管就业增长超出预期，但失业率从9月的4.4%升至4.6%，创下四年多来最高水平。总体来看，美国劳动力市场仍保持韧性，但增长速度减缓，这增强了市 场对美联储在2026年可能进一步 ...