来源：金十数据 美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：安东 华侨银行策略师Christopher Wong表示："在白银方面，中期走势仍然具有建设性，持续的实物供应缺 口、具有韧性的工业需求和避险需求都为白银提供了支撑。""但从近期的上涨步伐来看，短线策略可能 需要谨慎一些。"Wong还指出，金银比从2025年底接近105的高点急剧下降到略高于50，这表明白银的 表现相对于黄金更为突出。 1月19日，黄金和白银价格周一攀升至新高，因为在美国总统特朗普威胁就格陵兰岛控制权问题对欧洲 国家征收额外关税后，投资者纷纷涌入避险资产。欧盟外交官表示，欧盟各国大使正在准备一旦被加征 关税将采取的报复措施。"地缘政治紧张局势给了黄金多头又一个将黄金推向新高的理由，"StoneX高级 分析师Matt Simpson说。美国股指期货和美元下滑，因为特朗普最新的关税威胁增强了投资者对避险黄 金、日元和瑞郎的偏好，整个市场出现了广泛的避险走势。 ...

上周，金价冲高回落，周初受美对伊关系升级、降息预期升温等多重因素催化，金价震荡走高，周五盘 中一度触及4650美元高位，随着美对伊关系缓和及美暂缓白银等关键矿产征收关税等多重风险事件解 除，金价大幅跳水，盘中一度跌至4539美元关口，截至收盘，COMEX黄金期货周度涨2.23%报4601.1美 元/盎司，截至亚市收盘，黄金ETF华夏（518850）周度涨2.73%，黄金股ETF（159562）周度涨6.42%。 消息面上，特朗普公开表示，伊朗已承诺"杀戮停止、无处决计划"，美方暂时搁置对伊朗进行军事打 击。此前数日，特朗普多次放狠话"锁定并装弹"，威胁干预伊朗国内抗议镇压，市场一度计入极端地缘 风险溢价，推动金银飙升。特朗普最新表态后，避险情绪急剧降温——伊朗国内动荡虽未彻底平息，但 地域冲突概率大幅降低。 相关分析指出，上周五受地缘政策冲突缓和，黄金价格高位震荡，中长期因素来看，二季度全球美元储 备比例继续下降，美国财政赤字继续增长，去美元化仍在路上，利好黄金的货币属性；金融属性方面， 预计2026年实际利率继续下降，黄金中期利好因素也在。而对于商品属性方面，由于黄金税收新政，对 国内实物金需求影响较大，并 ...

Group 1 - Gold and silver prices reached historical highs due to rising market risk aversion following Trump's threat to impose additional tariffs on Europe [2][4] - As of 01:10 GMT, spot gold rose by 1.6% to $4,670.01, nearing the historical high of $4,689.39, while February gold futures increased by 1.8% to $4,677 [3] - The largest gold-backed ETF, SPDR Gold Trust, saw its holdings rise by 1.01% to 1,085.67 tons, indicating sustained demand for gold [3] Group 2 - Silver prices also surged, with spot silver increasing by 4.4% to $93.85, having touched a historical high of $94.08 [4] - Trump's comments regarding tariffs have heightened global political uncertainty, leading to increased risk sentiment and a shift towards safe-haven assets like gold and silver [4] - The Federal Reserve's potential for further rate cuts, as indicated by Vice Chair Michelle Bowman, supports the attractiveness of gold as a non-yielding asset [5] Group 3 - Indian demand for gold remains subdued due to rising prices, while Chinese demand remains stable, particularly ahead of the Spring Festival [6] - Platinum and palladium also saw price increases, with platinum rising by 1.9% to $2,373.08 and palladium up by 0.5% to $1,809, reflecting strong trends in the precious metals market [6]

Group 1: Market Overview - Silver prices opened high on January 19, reaching $93.90 per ounce, influenced by a joint statement from eight European countries responding to U.S. tariff threats [1] - The joint statement emphasized the importance of collective action among European nations to address the escalating trade tensions with the U.S. [1] - The European Union is considering countermeasures against U.S. tariffs, including potential tariffs on $93 billion worth of U.S. goods and restrictions on U.S. companies in the EU market [3] Group 2: Economic Indicators - The U.S. bond market shows an upward trend in yields, with the 10-year Treasury yield rising to 4.229% and the 30-year yield reaching 4.838% [4] - The dollar index strengthened to 99.41, influenced by political factors surrounding the potential appointment of a new Federal Reserve chair [4] - Market sentiment is mixed, with 50% of Wall Street analysts optimistic about price increases, while retail investors show a stronger bullish sentiment at 78% [4] Group 3: Investment Strategies - Current silver market trends indicate a price uptrend, with support levels around $89.75 and strategies suggesting long positions near $89.82 with profit targets between $93.80 and $95.90 [8] - The investment principle emphasizes light positions and trend-following strategies, focusing on support for long positions and resistance for short positions [8]

【最新国际黄金行情解析】 近期多个周末频现避险事件，推动黄金周一持续跳空高开，已连续三周呈现这一强势特征。当前黄金处 于大牛市周期，多头格局稳固，历史高点不断被刷新，每一次回调均为布局多单的良机，多头势头锐不 可当。 今日黄金再度跳空高开，强势突破4640区域前期阻力，该位置已完成顶底转换，成为新的关键支撑。早 盘若回踩4640上方，仍可逢低做多，依托多头强劲动能，金价有望进一步刷新历史高位。 美国即将正式退出世界卫生组织，但其尚未缴纳此前拖欠的会费。当地时间16日，世卫组织发言人林德 迈尔表示，美国有权退出该组织，但前提是必须缴纳其此前拖欠的会费。 林德迈尔表示，此事已列入即将召开的世卫组织执行委员会会议议程，世卫组织秘书处将根据执行委员 会的建议采取相应行动。林德迈尔称，美国目前尚未支付2024年度和2025年度的会费。 根据世卫组织预算，美国2024年度和2025年度的应缴会费总额约为2.6亿美元。美国总统特朗普去年1月 20日签署行政命令，宣布美国退出世卫组织。根据世卫组织章程规定，成员国在提交退出申请一年后方 可正式退出。(央视) 摘要今日周一(1月19日)亚盘时段，国际黄金最新报价为1044.07 ...

| | | Morning session notice 早盘提示 更多精彩内容请关注格林大华期货官方微信 格林大华期货研究院 证监许可【2011】1288 号 2026 年 1 月 19 日星期一 联系方式：liuyang18036@greendh.com | 板块 | 品种 | 多（空） | 推荐理由 【行情复盘】 | | --- | --- | --- | --- | | | | | COMEX 黄金期货跌 0.49%报 4601.10 美元/盎司，COMEX 白银期货跌 2.60%报 89.94 美元/盎司。沪金下跌 0.13%报 1031.66 元/克，沪银下跌 2.53%报 21998.0 元/千克。 【重要资讯】 1、截至 1 月 16 日，全球最大黄金 ETF--SPDR Gold Trust 持仓较上日大增 10.87 吨，当前持仓量为 1085.67 吨。全球最大白银 ETF--iShares Silver Trust 持仓较 上日增加 11.28 吨，当前持仓量为 16073.06 吨。 2、据 CME"美联储观察"：美联储 1 月降息 25 个基点的概率 5%，维持利率不变的 概率为 ...

Core Viewpoint - The A-share market opened lower across all three major indices, with the Shanghai Composite Index down 0.27% at 4090.72 points, the Shenzhen Component down 0.41%, and the ChiNext Index down 0.6% [1] Group 1: Market Reaction - The decline in the indices is attributed to increased risk aversion triggered by Trump's tariff threats, leading to a surge in demand for safe-haven assets [1] - Gold and silver prices reached new historical highs, indicating strong performance in the precious metals sector [1] Group 2: Sector Performance - The precious metals sector opened higher due to the increased demand for gold and silver [1] - AI application concept stocks continued to experience adjustments, reflecting volatility in that sector [1] Group 3: Company-Specific News - Rongbai Technology faced a significant drop, hitting the daily limit down, following an investigation by the China Securities Regulatory Commission regarding misleading statements in a major contract announcement [1]

相关分析指出，上周五受地缘政策冲突缓和，黄金价格高位震荡，中长期因素来看，二季度全球美元储 备比例继续下降，美国财政赤字继续增长，去美元化仍在路上，利好黄金的货币属性；金融属性方面， 预计2026年实际利率继续下降，黄金中期利好因素也在。而对于商品属性方面，由于黄金税收新政，对 国内实物金需求影响较大，并且黄金高位，2026年黄金首饰需求可能继续下降，需要关注央行购金和投 资需求能否弥补首饰需求下降；综上所述，黄金的中长期利好因素仍在，因此预计2026年上半年黄金仍 保持乐观。 每日经济新闻 上周，金价冲高回落，周初受美对伊关系升级、降息预期升温等多重因素催化，金价震荡走高，周五盘 中一度触及4650美元高位，随着美对伊关系缓和及美暂缓白银等关键矿产征收关税等多重风险事件解 除，金价大幅跳水，盘中一度跌至4539美元关口，截至收盘，COMEX黄金期货周度涨2.23%报4601.1美 元/盎司，截至亚市收盘，黄金ETF华夏（518850）周度涨2.73%，黄金股ETF（159562）周度涨6.42%。 消息面上，特朗普公开表示，伊朗已承诺"杀戮停止、无处决计划"，美方暂时搁置对伊朗进行军事打 击。此前数日，特朗 ...

Core Viewpoint - The news highlights the impact of U.S. President Trump's threats to impose tariffs on eight European countries opposing the acquisition of Greenland, leading to a surge in gold prices to a historical high, driven by increased risk aversion among investors [1][3]. Group 1: Tariff Announcement - Trump announced a 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland starting February 1, with plans to increase it to 25% from June 1 until an agreement on the "complete and total purchase of Greenland" is reached [3]. - Trump indicated that he might use similar tactics as he did with pharmaceutical tariffs to pressure European nations regarding Greenland, emphasizing its importance to U.S. national security [3]. Group 2: European Response - The EU is considering retaliatory measures, including tariffs on $930 billion worth of U.S. goods or restrictions on U.S. companies in the EU market, set to automatically take effect on February 6 if no agreement is reached [3]. - European Parliament members stated that the trade agreement reached last July between the U.S. and Europe would not be approved due to the threats regarding Greenland, calling for the use of counter-coercion tools in response to U.S. tariffs [4]. Group 3: Market Reaction - The uncertainty surrounding the U.S.-EU trade relations has heightened demand for precious metals, as investors seek safe-haven assets amid the escalating trade tensions [4]. - Gold prices rose by 1.70% to $4,673.02 per ounce, reaching an intraday high of $4,690.75, reflecting the market's reaction to the geopolitical tensions [1].

当地时间1月18日，欧盟多国正考虑对价值930亿欧元的输欧美国商品加征关税、或限制美国企业进入欧盟市场，以反制特朗普为得到格陵兰岛而对 欧洲8国加征关税。一名欧盟外交官当天透露称，如果欧盟与美国未能达成协议，报复性关税将从2月6日起自动生效。 此外，多名欧洲议会议员当地时间1月17日表示，鉴于美方对格陵兰岛的威胁，去年7月欧美达成的贸易协议将无法获得通过。他们同时呼吁使用反 胁迫工具回应美国加征关税。在此前达成的欧美贸易协议中，欧盟需取消对美国产工业品的关税并为美海产品和农产品提供优惠市场准入，以换取 美国对大多数欧盟输美商品征收15%的关税。据欧洲方面1月17日消息证实，欧洲议会不会推进对该协议的批准程序。这将令欧美贸易战前景充满不 确定性，从而增强了对贵金属的避险需求。 当地时间1月17日，特朗普在社交媒体上宣布，将从2月1日起对来自丹麦、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， 并宣称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。 值得一提的是，当地时间1月16日，特朗普在白宫一场与格陵兰岛议题无关的农村医疗健康活动上，提到自己曾 ...