新华社纽约1月20日电 综述｜关税威胁刺激市场"卖出美国" 新华社记者刘亚南 由于美国政府围绕格陵兰岛和所谓加沙"和平委员会"接连发出加征关税威胁刺激市场避险需求快速走 高，美国资本市场20日再次上演"卖出美国"交易，美国股市和美元指数显著下挫，美国长期国债收益率 则显著升高。 截至当天收盘，道琼斯工业平均指数比前一交易日下跌870.74点，收于48488.59点，跌幅为1.76%；标 准普尔500种股票指数下跌143.15点，收于6796.86点，跌幅为2.06%；纳斯达克综合指数下跌561.065 点，收于22954.32点，跌幅为2.39%。 衡量美元对六种主要货币的美元指数连续两天明显走低，当天下跌0.41%，在汇市尾市收于98.642。美 国10年期国债收益率当天盘中最高升至4.316%，显著高于前一交易日收盘时的4.227%，为2025年8月25 日以来最高水平。 此外，特朗普17日在社交媒体上发文，宣布美国将从2月1日起对丹麦、挪威、瑞典、法国、德国、英 国、荷兰和芬兰的输美商品加征10%关税。加征关税的税率将从6月1日起提高至25%，直到相关方就美 国"全面、彻底购买格陵兰岛"达成协议。 同时 ...

Core Viewpoint - The international gold price has reached a historic high, surpassing $4,800 per ounce, marking a significant moment in financial history [1][3]. Group 1: Factors Driving Gold Price Surge - The gold price surge is attributed to three major factors: geopolitical tensions initiated by Trump's statements, the weakening credibility of the US dollar, and central banks increasing their gold reserves [5][6][7]. - Trump's threats regarding tariffs on European countries have escalated tensions, causing panic in capital markets and driving investors towards gold as a safe haven [6]. - The recent criminal charges against the Federal Reserve Chairman have raised concerns about the independence of the Federal Reserve, leading to doubts about the stability of the US dollar [7]. - Central banks globally are increasing their gold holdings, with Poland adding 150 tons and Denmark's pension funds selling off US debt, indicating a shift in investment strategies [8][9]. Group 2: Changing Perception of Gold - Gold is no longer viewed merely as a traditional safe-haven asset but as a crucial tool for hedging against sovereign credit risks [11][12]. - The ongoing geopolitical conflicts, such as the Russia-Ukraine war, have led to a realization that the world is experiencing a trend of "de-dollarization," prompting investors to seek alternatives to US debt [14][15]. - Resource nationalism is also impacting gold supply, as several resource-rich countries are limiting gold exports, further driving up demand and prices [16]. Group 3: Future Price Projections - Short-term volatility is expected, but the long-term outlook for gold remains bullish, with predictions of prices potentially exceeding $5,000 per ounce by 2026 [18][19]. - Major financial institutions like JPMorgan and Citibank have set ambitious targets for gold prices, with estimates suggesting that even a small shift of 0.5% of global dollar assets into gold could push prices to $6,000 [20]. - The recent surge in gold prices is seen as a signal of a significant shift in the global financial landscape, indicating a potential wealth redistribution as traditional fiat currencies lose value [22].

2025年4月，美债市场遭遇一场剧烈震荡，中国单日抛售500亿美元美国国债，导致10年期美债收益率如脱缰野马般飙升至4.51%，创 下四十年来的惊人涨幅。 美国财政部最新数据显示，中国持有的美债规模已降至6826亿美元，这是自2008年金融危机以来的最低水平。与2013年近1.3万亿美 元的峰值相比，中国已经抛售了近一半的美国国债。 这一抛售行为不是孤立事件，而是连续数月的战略性撤退。2025年10月，中国美债持仓进一步缩水至6887亿美元，创下十七年新低。 美国国债市场曾被认为是全球最安全的金融市场，如今却遭遇前所未有的信任危机。中国持续减持美债的举动犹如推倒了第一张多米 诺骨牌，引发了连锁反应。 2025年4月的抛售潮中，华尔街出现了罕见的"买家罢工"现象。即便作为美债传统最大买入方的华尔街机构，也因担忧信用风险而选 择观望。 债券市场的逻辑残酷而清晰：当抛售潮出现，债券价格下跌，收益率则反向飙升。市场测算显示，每减持360亿美元美债，10年期美 债收益率就会上升0.05个百分点。中国2025年以来的减持规模，足以让收益率抬升超过0.3个百分点。 然而，这些措施与美国庞大的债务规模和利息负担相比，显得杯水 ...

分析人士提醒，黄金等贵金属价格去年以来已持续大幅上涨，短期内或有较大的波动性和不确定性。 现货黄金站上4800美元/盎司，多家品牌金饰价已逼近1500元，其中，周生生足金饰品报1495元/克，较1月20日1454元/克涨41元/克。老凤祥足金饰品 报1498元/克，较1月20日1456元/克涨42元/克。老庙黄金足金饰品报1493元/克，较1月20日1455元/克涨38元/克。 | 现货黄金(AU)<日线> | | | 叠加商品▼ < □ △ □ □ | | | 现货黄金(XAU) | ■ | | --- | --- | --- | --- | --- | --- | --- | --- | | K MA5:4688.727 MA10:4624.046 MA20:4514.517 MA40:4398.630 MA60:4288.542 | | | | | | | | | | | 4800. 720 | 4800. 035 | | 卖出 4800.695 50 | | | | | | | | | 买入 4800.035 50 | | | | | | | 4500.000 | 最新 | 4800.035 | 涨跌 ...

Market Overview - The A-share market experienced a morning rally with the ChiNext Index rising over 1% and a total trading volume of 1.65 trillion yuan, a decrease of 236.8 billion yuan compared to the previous trading day [1] - Over 2,900 stocks in the market saw gains, indicating a broad-based positive sentiment [1] Index Performance - Major indices showed positive movements: - Shanghai Composite Index: 4120.10 (+0.16%) - Shenzhen Component Index: 14263.20 (+0.76%) - ChiNext Index: 3306.00 (+0.85%) [2] Chip Industry - The chip industry saw a surge with multiple stocks hitting the daily limit, including Longxin Zhongke, Huada Technology, and Zhizheng Co. [2] - Micron Technology reported ongoing shortages in memory chips, prompting price increases from domestic chip giants [2] Robotics Sector - The humanoid robot concept gained traction, with stocks like Yifan Transmission and Zhongkong Technology hitting the daily limit [3] - The Ministry of Industry and Information Technology announced plans to support humanoid robot technology innovation and investment [3] Lithium Mining Sector - Lithium mining stocks rebounded, with companies like Shengxin Lithium Energy and Dazhong Mining hitting the daily limit [3] - Lithium carbonate futures rose over 5%, indicating strong market interest [3] Precious Metals - The gold market saw significant activity, with domestic gold stocks like Hunan Silver and Zhaojin Gold hitting the daily limit [4] - International gold prices surpassed $4,800, reflecting a strong upward trend [5] - The Shanghai Gold ETF experienced substantial inflows, with a total net inflow of 3.29 billion yuan over four days, indicating increased investor interest in gold assets [6] Central Bank Gold Purchases - Central banks globally have been major buyers of gold, with purchases reaching 456.9 tons in Q3 2022, a 404.3% increase year-on-year [7] - This trend is expected to continue, with central bank purchases projected to exceed 1,000 tons annually from 2022 to 2024 [7] Future Gold Price Predictions - Institutions are optimistic about gold prices, with Citigroup raising its 0-3 month target for gold to $5,000 and HSBC predicting a similar target by mid-2026 [7] - The current gold bull market is expected to last over a decade, with potential price increases comparable to historical highs [8]

Group 1: Gold Market Dynamics - Gold prices have surged to a historic high, breaking the $4800 per ounce mark for the first time, with a monthly increase of over 10% [1] - Several gold jewelry brands have seen prices approach 1500 yuan per gram, with notable increases from brands like Chow Sang Sang and Lao Feng Xiang [3] - The A-share market has witnessed a collective surge in precious metal stocks, with companies like Hunan Silver and Zhaojin Gold hitting the daily limit [4][5] Group 2: Geopolitical Tensions and Market Reactions - Geopolitical tensions, particularly regarding Greenland, have led to a "Sell America" trade, resulting in significant declines in U.S. stock markets and a drop in the dollar index [8] - The Chicago Board Options Exchange Volatility Index (VIX) has reached its highest point since November, indicating increased market volatility [6] - Concerns over U.S. credit risk have prompted Danish pension funds to divest from U.S. Treasury bonds, reflecting a broader trend of reduced confidence in U.S. assets [8] Group 3: Investment Strategies and Predictions - Bridgewater Associates' founder Ray Dalio warns of a potential "capital war" due to U.S. policies, suggesting that investors may shift towards hard assets like gold [10] - Market analysts indicate that rising political risks are driving investors towards gold as a hedge, with expectations of U.S. interest rate cuts further supporting gold prices [12][13] - The weakening dollar is providing additional support for precious metals, as confidence in U.S. assets appears to be waning [13]

| 型物黄金 | | 更多>> | | --- | --- | --- | | 品牌 | 名称 | 价格 | | 老凤祥 | 黄金价格 | 1498.00 | | 周大福 | 黄金价格 | 1498.00 | | 周牛牛 | 黄金价格 | 1495.00 | | 老庙 | 黄金价格 | 1493.00 | | 周六福 | 黄金价格 | 1440.00 | | 六福珠宝 | 黄金价格 | 1453.00 | | 間大生 | 黄金价格 | 1455.00 | | 菜目 | 黄金价格 | 1410.00 | （品牌金价最新情况，来源：金投网） 国内实物黄金市场同样热度攀升，主要金饰品牌价格同步持续上涨，多家品牌报价已逼近1500元/克关口。从八大主流品牌来看，价格梯队明显：老凤祥与 周大福价格最高，均达每克1498元；周生生紧随其后，报价1495元/克；老庙黄金为1493元/克，三大品牌均贴近1500元/克高位；周大生、六福珠宝、周六福 分别报价1455元/克、1453元/克、1440元/克；菜百黄金价格相对偏低，为1410元/克。2026年以来国内金饰价涨幅显著，不到20天部分品牌每克上涨近百 元，与国际金价走强 ...

Group 1 - Gold prices continue to rise, reaching a record high of $4843.55 per ounce, with a daily increase of 1.61% and a monthly gain exceeding 10% [1] - The Shanghai gold futures contract increased by 3.36%, surpassing 1090 yuan per gram [1] - The geopolitical crisis has heightened market risk aversion, contributing to significant increases in gold and silver futures prices [1][3] Group 2 - The European Parliament has frozen the approval process for a trade agreement with the U.S., responding to President Trump's recent tariff announcements [2] - Poland's central bank approved a plan to purchase 150 tons of gold, increasing its reserves to 700 tons, which is seen as a supportive factor for gold prices [3] - Citigroup maintains a bullish outlook on precious metals, citing geopolitical risks and concerns over the independence of the Federal Reserve as key drivers [4] Group 3 - Analysts from various firms, including Citigroup and BNP Paribas, predict that gold prices could reach $5000 per ounce, driven by ongoing geopolitical uncertainties [4] - The market is experiencing high volatility in precious metals, with significant fluctuations in gold and silver prices [5][6] - The trend of central banks purchasing gold is expected to continue, supporting the long-term outlook for gold prices [6]

今日周三(1月21日)亚盘时段，纸白银目前交投于21.155一线下方，截至发稿，纸白银暂报21.080元/克， 上涨0.56%，最高触及21.362元/克，最低下探20.936元/克，目前来看，纸白银盘内短线偏向看涨走势。 与此同时，美元指数周二下跌0.7%至98.23，创下一个多月最大单日跌幅，这使得以美元计价的黄金对 海外买家更具吸引力。美元疲软源于投资者对美国曝险的担忧，包括可能的反制措施和去美元化趋势的 加速。 另外，这场地缘危机还波及债券市场，美国国债价格周二大幅下跌，长债收益率创下数月新高。10年期 公债收益率一度触及4.313%，尾盘报4.287%，上涨5.6个基点；30年期收益率升至4.918%，涨幅达7.8个 基点。这种熊市趋陡现象——长债收益率上升快于短期利率——反映出市场对通胀回升的担忧。 【最新纸白银行情解析】 日图来看，纸白银走势宽幅震荡，目前价格小幅收涨，一小时布林带收紧，显现上涨动能减弱，一小时 MACD负直方图出现升高，显示下跌动能增强，DMI也显示处于下跌趋势之中，纸白银走势下方关注 19.50-20.50支撑，上方关注21.50-22.00阻力。 【要闻速递】 在特朗普的关 ...

格隆汇1月21日｜周三，现货黄金站上4800美元/盎司，继续创历史新高，黄金股ETF、黄金ETF华夏分 别涨3.62%和2.87%，净值双双创历史新高。 消息面上： ①格陵兰岛事件持续发酵，特朗普威胁要对欧洲国家加征关税，欧洲议会冻结此前美欧达成的贸易协议 的批准程序。 ②日本财政危机叠加地缘紧张局势，引发全球债市抛售潮，日本、美国长期国债收益率飙升。 费率成本最低的黄金、白银相关企业集合ETF：黄金股ETF(159562)，+3.62%，跟踪的指数SSH黄金股 票的成分股以黄金、铜占主导，同样包含白银有色、湖南白银等白银金属上市公司。该ETF连续6日"吸 金"，合计净流入超9亿元 费率最低的黄金投资利器：黄金ETF华夏(518850)，+2.87%，锚定实物黄金，支持T+0交易，近20日净 流入21.7亿元，场外联接基金(A类：008701，C类：008702)。 新湖期货指出，短期来看，地缘不确定性仍然存在，格陵兰岛事件仍在发酵，避险情绪将对金银等贵金 属价格形成一定支撑。中长期来看，央行购金具有持续性，叠加全球货币的泛滥和去美元化趋势不可逆 甚至加速，将继续支撑贵金属中枢上行，后续贵金属可能仍偏强。 相 ...