高盛集团表示，如果美国私人投资者将资金部署到黄金交易所交易基金（ETF）中，那么到2026年底金 价达到每盎司4，900美元的预期有很大上调空间。黄金ETF在私人金融投资组合中的占比仅为0.17%。 分析师认为黄金ETF是衡量美国市场黄金敞口的最通用工具。目前的黄金敞口仍低于2012年峰值，"当 前黄金持仓仍然很低"。高盛估计，美国金融投资组合中黄金占比每增加一个基点，金价就会上涨 1.4%。这是基于新增购买的影响，而不是现有持仓的价格上涨。 报告指出，"长期资本配置者正在考虑增加黄金配置，将其作为战略性投资组合多元化工具。即使从全 球债券和股票投资组合中抽出资金适度重新配置黄金，也可能大幅推高规模相对较小黄金市场的价 格"。 据高盛对13F文件的分析，美国最大的投资者中，持有黄金ETF的不到一半。 新浪合作大平台期货开户 安全快捷有保障 新浪合作大平台期货开户 安全快捷有保障 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 高盛集团表示，如果美国私人投资者将资金部署到黄金交易所交易基金（ETF）中，那么到2026年底金 价达到每盎司4，900美元的预期有很大上调空间。黄金ETF在私人金融投 ...

高盛集团在一封电邮公告中表示，如果美国私人投资者将资金部署到黄金交易所交易基金（ETF）中， 那么到2026年底金价达到每盎司4，900美元的预期有很大上调空间。 分析师Lina Thomas和Daan Struyven称，黄金ETF在私人金融投资组合中的占比仅为0.17%。分析师认为 黄金ETF是衡量美国市场黄金敞口的最通用工具。 分析师表示，目前的黄金敞口仍低于2012年峰值，"当前黄金持仓仍然很低"。 高盛估计，美国金融投资组合中黄金占比每增加一个基点，金价就会上涨1.4%。 这是基于新增购买的影响，而不是现有持仓的价格上涨。 报告指出，"长期资本配置者正在考虑增加黄金配置，将其作为战略性投资组合多元化工具。即使从全 球债券和股票投资组合中抽出资金适度重新配置黄金，也可能大幅推高规模相对较小黄金市场的价 格"。 据高盛对13F文件的分析，美国最大的投资者中，持有黄金ETF的不到一半。 高盛估计，美国金融投资组合中黄金占比每增加一个基点，金价就会上涨1.4%。 这是基于新增购买的影响，而不是现有持仓的价格上涨。 报告指出，"长期资本配置者正在考虑增加黄金配置，将其作为战略性投资组合多元化工具。即使从全 球 ...

金价目前似乎徘徊在每盎司4200美元左右，但美国银行仍然认为，2026年金价有巨大的上涨潜力。 在其年度展望网络研讨会上，美国银行金属研究主管迈克尔·维德默（Michael Widmer）表示，黄金的 牛市行情通常只有在最初触发涨势的根本动机消退时才会见顶，而不会仅仅因为价格上涨就结束。 他说："我之前强调过，黄金市场已经严重超买。但实际上，它仍然处于投资不足的状态。黄金作为投 资组合多元化工具，仍有很大空间。" 维德默补充说，他认为这种看涨环境不会很快结束。对于明年，该行预计金价将被推升至每盎司5000美 元。 他指出，要实现这一目标，只需要投资需求增长14%即可。而在过去几个季度，投资需求的平均增幅大 致就在这个水平。与此同时，需要投资需求增长55%才能推动明年金价达到每盎司8000美元。 投资需求——尤其是散户投资者的需求——近几个月来激增，今年迄今流入黄金支持交易所交易基金 （ETF）的资金规模已达到2020年以来的最高水平。然而，维德默表示，仍有一个关键群体在很大程度 上忽视了黄金市场，而这种情况在新的一年可能会改变。 随着黄金价格今年上涨超过50%，这种贵金属目前约占整个金融市场的4%。 然而，维 ...

Core Insights - The number of billionaires globally has reached a record high of 2,919, with a total wealth of $15.8 trillion, marking a 13% increase from the previous year [1][3] - In 2025, 287 new billionaires were created, the second-highest annual increase since 2021, with a more diversified wealth source across various industries [3] Group 1: Billionaire Demographics - The United States remains the dominant country, housing nearly one-third of the world's billionaires (924 individuals), with their total wealth rising by 18% to $17.5 trillion over the past year [3] - Three-quarters of U.S. billionaires are self-made, highlighting a strong culture of innovation and entrepreneurship [3] Group 2: Wealth Transfer Trends - A significant "intergenerational wealth transfer" is underway, with 91 individuals becoming billionaires through inheritance, receiving nearly $300 billion in total wealth [3] - An estimated $5.9 trillion in assets is expected to be transferred from current billionaires to their children and spouses over the next 15 years [3] Group 3: Changing Perspectives on Wealth Management - Billionaire families are shifting their views on inheritance, increasingly opting for professional managers or selling businesses instead of passing them directly to their children [4] - This change is driven by the recognition of globalization and industry disruption, emphasizing the importance of adaptability and education for the next generation [4] Group 4: Investment Strategies - Despite signs of market overheating, billionaires remain optimistic about stocks, with 43% planning to increase their holdings in public equities over the next 12 months [4] - There is a divided sentiment regarding private equity, with half planning to increase direct investments, while 28% intend to reduce their private equity holdings due to poor returns and exit difficulties [4] - A notable trend is the adjustment in investment preferences, with optimism for U.S. investment opportunities dropping from 80% to 64%, while confidence in European and Chinese markets has significantly increased [4] Group 5: Global Migration Trends - Over one-third (36%) of billionaires have relocated, primarily seeking better quality of life, including climate, healthcare, and family reunification, followed by geopolitical considerations and tax planning [5]

智通财经APP获悉，12月5日，世界黄金协会发文称，2025年黄金表现卓越，全年创下逾50次历史新高，累计涨幅超60%。这一强劲表现得益于多重因素 的共同推动，包括地缘政治与经济不确定性加剧、美元走弱以及持续上涨的金价势能。展望2026年，尽管市场普遍预期黄金市场当前态势将延续，但在地 缘经济因素的严重影响下，宏观经济数据出现分化，也意味着不确定性仍将居高不下。该协会的分析显示，经济增长放缓、主要央行货币政策宽松以及持 续的地缘政治风险等因素，更有可能支撑而非削弱金价。 截至11月底，金价年内已创下逾50次历史新高，累计涨幅突破60%，成为2025年表现最亮眼的资产之一。 此次历史性涨势有望创下1971年以来黄金年度涨幅第四强的纪录2，其背后是由多重因素共同作用。 金价涨势延续还是转向回调？ 2025年黄金表现卓越，全年创下逾50次历史新高，累计涨幅超60%。这一强劲表现得益于多重因素的共同推动，包括地缘政治与经济不确定性加剧、美元 走弱以及持续上涨的金价势能。投资者与各经济体央行纷纷增持黄金，以寻求资产的多元与稳定。 展望2026年，持续的地缘经济不确定性将继续影响黄金市场前景。金价大体反映了市场对宏观经济 ...

格隆汇12月5日｜大华银行全球经济与市场研究团队在一份报告中称，黄金在2026年可能持续其强劲的 趋势性上涨行情。"黄金作为避险资产以实现投资组合多元化的理由依然充分，"大华银行写道。全球主 要交易所的黄金库存仍在强劲累积，同时黄金ETF的购买量也保持强劲。大华银行称，对美联储下周降 息的预期也是该贵金属的一个关键近期利好因素。大华银行维持对黄金的积极展望，并预测2026年第一 季度、第二季度、第三季度和第四季度的金价分别为每盎司4,300美元、4,400美元、4,500美元和4,600美 元。 ...

Review your budget regularly: Come back to your budget at regular periods to make sure that you're still on track. If needed, you may need to make slight adjustments to keep up with inflation.Make smarter choices: Consider finding ways to cut back. This may be canceling unused subscriptions and memberships (like that gym you no longer visit), switching service providers, or downsizing, if possible.Prioritize your needs over your wants: Needs are essential expenses like housing, groceries, transportation, ut ...

Core Insights - Silver prices have surged significantly, gaining approximately 96.03% year to date and 13.6% in November, outperforming gold which has increased by 62.02% year to date [1][2] Supply and Demand Dynamics - Experts indicate that silver prices have reached record highs this year, with a tightening supply backdrop suggesting potential for further increases [2] - Industrial demand for silver is projected to rise, with an increase to 689.1 million ounces in 2024 from 644 million in 2023 [8] - Solar panel usage has significantly contributed to silver demand, accounting for 243.7 million ounces, which is over 158% higher than 94.4 million ounces in 2020 [9] Economic Factors - The U.S. Dollar Index (DXY) has decreased by 0.56% over the past five days and 8.52% year to date, which can enhance global demand for silver as it becomes more affordable for foreign buyers [4] - Anticipated interest rate cuts by the Federal Reserve, with an 87.6% probability for the December meeting, are expected to weaken the U.S. dollar, further supporting silver prices [5] Industrial Applications - Silver is essential in various industries, including medical equipment, electronics, and clean energy solutions, due to its unique properties [6][7] - The increasing industrial demand, combined with limited mined output, supports a bullish outlook for silver [8] Investment Opportunities - Several silver ETFs have shown strong performance, with iShares Silver Trust (SLV) gaining 59.17% year to date and Amplify Junior Silver Miners ETF (SILJ) increasing by 132.57% year to date [11][12][13]

格隆汇12月1日丨守益控股(02227.HK)公告，于2025年12月1日，公司于公开市场以代价100.3万新加坡 元收购债券。集团收购债券乃作投资用途。集团的投资策略包括透过广泛多元化投资组合(包括但不限 于不同行业的股票、债券、基金、结构性产品及衍生工具)，于可接受风险水平内为集团创造稳定回 报，以拓展收入来源并寻求可持续业务，从而为股东增值。收购事项让集团得以平衡及分散其投资组 合，并在可接受风险水平内为集团创造稳定回报。董事认为收购事项属公平合理，符合公司及股东的整 体利益。 ...

Core Insights - Palladium prices surged from $870 per ounce in early April 2025 to nearly $1,700 by October, marking an increase of over 95%, with a simultaneous rise in gold, silver, and platinum prices during the same period [1] - The global inflationary environment driving this surge is attributed to three main factors: significant budget deficits in multiple countries with limited control measures, core inflation rates exceeding target levels and trending upwards, and the easing of monetary policies by most central banks despite rising inflation [1] Price Correlation and Trends - Palladium typically shows a positive correlation with other precious metals, but this correlation is weaker compared to the relationships among gold and silver, which are primarily driven by jewelry demand [4] - The second strongest correlation among precious metals is between palladium and platinum, reflecting their applications in automotive catalytic converters, with palladium used in gasoline engines and platinum in diesel engines [4][8] Supply Dynamics - Palladium is rarely used in jewelry, with its primary application in the automotive industry, highlighting its price trend independence compared to other metals [10] - The supply of palladium is highly concentrated, particularly in Russia and South Africa, with overall global palladium production showing a declining trend since 2003 [15] - The demand for palladium surged due to stricter automotive emission laws and concerns over supply disruptions from Russia, leading to a parabolic price increase in the late 1990s [15] Market Shifts - Since 2021, palladium prices have returned to historical price ratio ranges relative to gold, silver, and platinum, coinciding with peak palladium usage per vehicle and a surge in electric vehicle sales [18] - In the U.S., electric vehicle sales are projected to account for 11.4% of total vehicle sales in 2024, while in China, the share is expected to approach 50% [20][18] Investment Considerations - Palladium presents research value as a potential diversification tool for investors looking to allocate precious metals, given its limited supply and the inability of central banks to print or digitally create such assets [23]