国际银价大幅波动。 美国纽约商品交易所白银期货价格26日呈现剧烈震荡走势，在创下历史新高后快速回调， 当日涨幅一度从最高约1 4%回落至不足1%。 受投资者避险需求上升拉动，3月白银期货价格当天一度接近每盎司118美元，再创历史 新高，随后快速回落，涨幅大幅收窄，最终收于每盎司103. 8 9美元。 分析人士指出，全球经济不确定性上升、国际地缘紧张局势加剧以及投资者抛售一些国家 主权债券和货币等因素，推动市场对黄金和白银等避险资产的需求增加。同时，美元汇率 持续下行也成为近期支持金银价格的重要因素。 不过，有分析指出，在经历连续多日由追涨情绪主导的行情之后，贵金属投资市场风险正 持续加大。此外，白银价格持续走高导致部分对价格敏感的工业行业白银需求下降。一些 生产企业正在降低白银的使用比例，转而采用其他金属，这也可能抑制白银价格的上涨趋 势。 出品 | 中国能源报（c n e n e rg y） 来源：新华社 责编丨李慧颖 End 欢迎分享给你的朋友！ ...

| 今日金店黄金回收价格一览(2026年1月27日) | | | | --- | --- | --- | | 回收报价 | 今日金价 | 单位 | | 黄金 | 1129.40 | 元/克 | | 菜百黄金 | 1165.60 | 元/克 | | 周生生黄金 1154.00 | | 元/克 | | 周大福黄金 1101.00 | | 元/克 | | 老凤祥黄金 1144. 45 | | 元/克 | 这边简单说一下铂金饰品价格，今日铂金价格出现大跌，就拿周大福来说吧，铂金饰品价格下跌67元/克，报1071元/克。如 需了解其他品牌铂金价格，欢迎留言，我们将及时汇总更新。 说完国内金店金价，我们再来讲讲国际金价情况： 继昨日的大涨后，今日各大品牌金店金价仍有上涨走势。从具体报价来看，周大福、潮宏基、周大生以1585元/克的报价并 列成为今日市场最高价。老庙黄金、老凤祥等品牌价格保持平稳。而菜百黄金报价1510元/克，依然为市场最低价。今日金 店高低价差已扩大至75元/克。 以下是各大品牌金店详细报价： | | | 今日金店黄金价格一览(2026年1月27日) | | | | --- | --- | --- | - ...

从最近的市场表现来看，这种分化尤为明显。自1月18日特朗普首次因格陵兰问题威胁对北约盟友加征 关税以来，比特币已经下跌了6.6%，而黄金却上涨了8.6%，价格逼近5000美元的历史新高。 CoinDesk近日发布了一篇由Francisco Rodrigues撰写的分析文章，探讨了一个令加密货币支持者困惑的 现象：当市场动荡来临时，为何比特币没能像黄金那样发挥避险作用？ 作者Rodrigues在文章中指出，理论上比特币应该在不确定时期表现出色，因为它是一种抗审查的"健全 货币"。但实际情况却恰恰相反——当市场出现恐慌时，比特币往往成为投资者最先抛售的资产。 除了资产本身的特性，大型持有者的行为也在加剧这种分化。作者指出，各国央行一直在以创纪录的水 平购买黄金，为黄金市场创造了强劲的结构性需求。这种来自机构层面的持续买入，为黄金价格提供了 坚实的支撑。 Rodrigues认为，在经济形势不明朗时期，比特币更像是一台"ATM机"，投资者会迅速抛售比特币以筹 集现金。 比特币成了市场的"提款机" 为什么比特币在危机时刻反而被抛售？Rodrigues引用了纽约数字投资集团（NYDIG）全球研究主管 Greg Cipol ...

11:20 黄金ETF持仓报告 公布机构：美国SPDR Gold Trust 当前总持仓 1086.53 吨黄金 黄金ETF总持合变化 更新时间:2026-01-2 截至1月26日，全球最大的黄金ETF SPDR Gold Trust持仓量为1086.53吨，较前一个交易日维持不变。1月26日，地缘政治紧张局势持续，再加上特朗普政策 不确定性，引发的"信用贬值"交易升温等因素综合作用，现货黄金又暴涨了，历史性突破5000美元/盎司，最高更是狂飙至5110.43美元/盎司，随后有所回 落，收于5008.35美元/盎司，涨25.44美元/0.51%。 分析认为，此轮狂飙由多重全球动荡驱动：特朗普政策的高度不确定性、多地地缘政治紧张局势升级以及市场对央行独立性的担忧，共同促使投资者在"错 失恐惧症"推动下大举涌入黄金等避险资产。在全球避险情绪的猛烈驱动下，投资者正以前所未有的规模涌入这一传统避险资产，忽视高位，显示出强烈的 买入动能。 基本面消息，近期，美国政府的一系列举动——包括对美联储独立性的攻击、吞并格陵兰岛的威胁以及对委内瑞拉的军事干预——极大地惊扰了市场。这种 不确定性加剧了所谓的"贬值交易"（debas ...

不过，有分析指出，在经历连续多日由追涨情绪主导的行情之后，贵金属投资市场风险正持续加大。此 外，白银价格持续走高导致部分对价格敏感的工业行业白银需求下降。一些生产企业正在降低白银的使 用比例，转而采用其他金属，这也可能抑制白银价格的上涨趋势。 （文章来源：新华社） 分析人士指出，全球经济不确定性上升、国际地缘紧张局势加剧以及投资者抛售一些国家主权债券和货 币等因素，推动市场对黄金和白银等避险资产的需求增加。同时，美元汇率持续下行也成为近期支持金 银价格的重要因素。 新华财经纽约1月26日电 美国纽约商品交易所白银期货价格26日呈现剧烈震荡走势，在创下历史新高后 快速回调，当日涨幅一度从最高约14%回落至不足1%。 受投资者避险需求上升拉动，3月白银期货价格当天一度接近每盎司118美元，再创历史新高，随后快速 回落，涨幅大幅收窄，最终收于每盎司103.89美元。 ...

美国纽约商品交易所白银期货价格26日呈现剧烈震荡走势，在创下历史新高后快速回调，当日涨幅一度从最高约14%回落至不足1%。 受投资者避险需求上升拉动，3月白银期货价格当天一度接近每盎司118美元，再创历史新高，随后快速回落，涨幅大幅收窄，最终收于每 盎司103.89美元。 分析人士指出，全球经济不确定性上升、国际地缘紧张局势加剧以及投资者抛售一些国家主权债券和货币等因素，推动市场对黄金和白银 等避险资产的需求增加。同时，美元汇率持续下行也成为近期支持金银价格的重要因素。 不过，有分析指出，在经历连续多日由追涨情绪主导的行情之后，贵金属投资市场风险正持续加大。此外，白银价格持续走高导致部分对 价格敏感的工业行业白银需求下降。一些生产企业正在降低白银的使用比例，转而采用其他金属，这也可能抑制白银价格的上涨趋势。 N # 啊 _ | ■ i 往期推荐 福耀科技大学50名大一学生被企业抢光？校长王树国回应 男子用SIM卡炼出191克黄金，价值21万元？当事人最新回应 来源：新华社 记者：徐静 关注" 新华网财经 "视频号 更多财经资讯等你来看 ...

分析人士指出，全球经济不确定性上升、国际地缘紧张局势加剧以及投资者抛售一些国家主权债券和货 币等因素，推动市场对黄金和白银等避险资产的需求增加。同时，美元汇率持续下行也成为近期支持金 银价格的重要因素。 新华社纽约1月26日电（记者徐静）美国纽约商品交易所白银期货价格26日呈现剧烈震荡走势，在创下 历史新高后快速回调，当日涨幅一度从最高约14%回落至不足1%。 不过，有分析指出，在经历连续多日由追涨情绪主导的行情之后，贵金属投资市场风险正持续加大。此 外，白银价格持续走高导致部分对价格敏感的工业行业白银需求下降。一些生产企业正在降低白银的使 用比例，转而采用其他金属，这也可能抑制白银价格的上涨趋势。（完） 受投资者避险需求上升拉动，3月白银期货价格当天一度接近每盎司118美元，再创历史新高，随后快速 回落，涨幅大幅收窄，最终收于每盎司103.89美元。 ...

Core Viewpoint - The article discusses the unexpected transformation of optical modules into a safe-haven asset, similar to traditional banking and insurance products, evoking mixed emotions of joy and sorrow [1] Group 1 - The optical module market has shifted in perception, now being viewed as a defensive investment option [1] - This change in status reflects broader trends in the financial landscape, where previously volatile assets are becoming more stable [1] - The emotional response to this shift indicates a significant change in market sentiment towards optical modules [1]

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不 对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担 全部责任。邮箱：news_center@staff.hexun.com 【1月27日国际贵金属价格高台跳水，现货金银创新高后滑落】1月27日周一，国际贵金属价格上演高台 跳水。现货黄金及现货白银日内齐创历史新高后滑落，现货白银一度跃高14.33%至117.7285美元/盎 司，后轻微转挫不足0.01%至102.9675美元，收市报103.8625美元，微升0.86%。 现货金价破天荒升破 5000美元大关，一度抽升2.57%至5111.11美元/盎司，其后回落至5000美元附近，收市报5008.35美元， 微涨0.51%。 地缘政治紧张局势加剧，市场对避险资产需求升温，推动国际贵金属价格近日势如破竹。 高盛上周调高2026年底黄金价格预测，从4900美元/盎司上调至5400美元，称私营部门向黄金配置资产 多元化进程已显现。 本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 ...

1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints of the Report - The sharp rise in international gold prices is the result of geopolitical turmoil, the shaking of the global political and economic order, and a continuously loose liquidity environment. In 2026, the Fed is expected to continue to cut interest rates, and the loose liquidity environment provides strong support for the rise of precious metals. Global investors' strategic allocation demand for precious metals has increased, and the scale of gold and silver ETFs has continued to expand, driving up precious metal prices. Short - term silver has risen significantly, and there may be some pressure for funds to take profits, while gold is more stable [4]. - Morgan Stanley expects that driven by geopolitical uncertainty, continuous central bank gold purchases, and strong ETF demand, the gold price is expected to rise to $5,700 per ounce in the second half of the year. If the Fed starts to cut interest rates in 2026, it may further support strong physical gold demand [4]. 3. Summary by Relevant Catalogs Futures Market - **Prices**: The closing prices of Shanghai Gold 2606 and 2604 on the previous day were 1146.58 and 1143.32 respectively, with increases of 28.20 (2.52%) and 27.68 (2.48%) compared to the day before. The closing prices of Shanghai Silver 2606 and 2604 on the previous day were 27,189 and 27,207 respectively, with increases of 2259 (9.06%) and 2242 (8.98%) compared to the day before [3]. - **Positions and Volumes**: The positions of Shanghai Gold 2606 and 2604 were 85,261 and 215,820 respectively, and the trading volumes were 76,211 and 395,962 respectively. The positions of Shanghai Silver 2606 and 2604 were 169,868 and 322,579 respectively, and the trading volumes were 605,689 and 965,900 respectively [3]. - **Spot Premium and Discount**: The spot premiums and discounts of Shanghai Gold 2606 and 2604 were - 2.32 and 0.94 respectively, and those of Shanghai Silver 2606 and 2604 were 324 and 306 respectively [3]. Spot Market - **Prices**: The closing price of Shanghai Gold T + D on the previous day was 1144.26, up 33.91 (3.05%) from the day before. The closing price of London Gold was $5042.75 per troy ounce, up $21.76 (0.44%) from the day before. The closing price of Shanghai Silver T + D on the previous day was 27,513, up 2525 (10.10%) from the day before. The closing price of London Silver was $106.61 per troy ounce, up $0.53 (0.52%) from the day before [3]. - **Price Spreads**: The current spreads of Shanghai Gold 2606 - Shanghai Gold 2604 and Shanghai Silver 2606 - Shanghai Silver 2604 were 3.26 and - 18.00 respectively. The current gold - to - silver ratio in the spot market was 41.59, and the ratios of Shanghai Gold to London Gold and Shanghai Silver to London Silver were 1.01 and 1.15 respectively [3]. Inventory - **Futures Exchanges**: The current inventories of gold and silver on the Shanghai Futures Exchange were 103,029 kg and 573,810 kg respectively, with changes of + 1020 kg and - 7280 kg compared to the day before. The current inventories of gold and silver on the COMEX were 35,941,502 troy ounces and 415,241,837 troy ounces respectively, with changes of - 202,778 troy ounces and - 1,183,026 troy ounces compared to the day before [3]. Related Derivatives and Indicators - **Indices and Yields**: The current values of the US Dollar Index, S&P 500 Index, 10 - year US Treasury yield, Brent crude oil price, and US dollar - to - RMB exchange rate were 97.04, 6,950.23, 4.22%, $64.89, and 6.9572 respectively, with changes of - 0.46, + 34.62, - 0.02%, - 0.55, and - 0.0070 compared to the day before [3]. - **ETF and CFTC Positions**: The current positions of SPDR Gold ETF and SLV Silver ETF were 1,087 tons and 15,974 tons respectively, with changes of 0 tons and - 116 tons compared to the day before. The current net positions of CFTC speculators in gold and silver were 244,770 and 25,214 respectively, with changes of - 6468 and - 6846 compared to the day before [3]. Macroeconomic News - **Geopolitical**: The USS Abraham Lincoln aircraft carrier strike group has entered the US Central Command's area of responsibility in the western Indian Ocean. If the White House orders an attack on Iran, the strike group could launch military operations within "one or two days." Trump said the situation in Iran is "changing rapidly" and that Iran wants to reach an agreement [4]. - **Trade**: Trump announced that the reciprocal tariffs on South Korean automobiles, timber, pharmaceuticals, and all other goods will be raised from 15% to 25% due to the South Korean Congress's failure to approve the trade agreement [4]. - **Fed Interest Rate Expectations**: According to CME's "FedWatch," the probability of the Fed cutting interest rates by 25 basis points in January is 2.8%, and the probability of keeping interest rates unchanged is 97.2%. By March, the probability of a cumulative 25 - basis - point rate cut is 15.5%, the probability of keeping interest rates unchanged is 84.1%, and the probability of a cumulative 50 - basis - point rate cut is 0.4% [4]. - **Commodity Market Analysis**: An analyst pointed out that this is one of the most glorious days in the silver market. The price of silver has risen rapidly due to its small market size and low liquidity. Retail investors are flocking in, and there is a (relatively small - scale) gap in the spot market. This is good news for silver miners, but selling some future production in the futures market may bring some selling pressure [4]. - **Economic Data**: The monthly rate of US durable goods orders in November was 5.3%, the largest increase since May 2025 [4].