汇通财经APP讯——在全球地缘政治紧张局势急剧升温的背景下，黄金作为传统避险资产的表现异常亮 眼。周二，现货黄金价格延续了前一交易日的涨势，进一步上涨约1%，收盘于4494美元每盎司。周三 （1月7日）亚市早盘，现货黄金高位震荡，截止07:30，一度触及4500.27美元/盎司，这一价格水平已经 非常接近去年12月24日创下的4549.71美元每盎司的历史最高纪录。与此同时，2月交割的美国黄金期货 也上涨1%，收报4496.10美元每盎司。黄金价格的这一波上涨，主要源于投资者对全球不确定性的担忧 大幅增加，特别是周末美国对委内瑞拉的军事行动引发了广泛的避险情绪，推动资金大量流入贵金属市 场。 KitcoMetals公司高级分析师Jim Wyckoff指出，当前贵金属交易者比股票和债券市场的参与者更敏锐地 感知到风险的存在。他强调，美国周末对委内瑞拉总统马杜罗的突袭行动，进一步刺激了对黄金和白银 的持续避险需求。这反映出市场对地缘政治事件的敏感反应，正在直接转化为对黄金的强劲买入力量。 上周末，美国军方在委内瑞拉首都加拉加斯展开突袭行动，成功逮捕了该国总统尼古拉斯·马杜罗，并 将其押送至纽约。周一，马杜罗在法庭 ...

港股互联网ETF(513770)及其联接基金(017125)被动跟踪中证港股通互联网指数，重仓阿里巴巴-W、腾 讯控股等互联网龙头，两大权重股合计占比近30%；前10大持仓汇聚AI云计算、大模型+各领域AI应用 公司，合计占比超78%，龙头优势显著。目前，港股互联网ETF(513770)最新基金规模超132亿元，支持 日内T+0交易，不受QDII额度限制，流动性佳。 1月7日，开年连涨的港股AI首回调，港股AI核心资产——港股互联网ETF(513770)跌逾2%，不过买盘资 金逢跌积极进场，场内实时溢价率超0.4%。近期，资金流入港股互联网板块，呈现加速态势。上交所 数据显示，港股互联网ETF(513770)昨日单日获资金净流入1.31亿元，近20日资金累计净流入超17亿 元。 分析指出，美联储2026年降息预期的升温，外部流动性压力显著缓解，为港股科技股的估值修复提供 了"黄金窗口"。叠加AI主线持续催化，互联网龙头为中国AI领域领头羊，有望迎来内、外资共振做多。 ...

10:25 黄金ETF持仓报告 公布机构：美国SPDR Gold Trust 当前总持仓 1067.13 吨黄金 黄金ETF总持合变化 更新时间:2026-01- 1,080 1.070 1,060 1,050 1,040 1.030 2025-11-11 2025-12-01 2025-12-15 2025-10-22 EBC黄金ETF持分报告解读 从技术面来看，金价有望进一步上涨，挑战4500美元心理关口。日线图显示，金价在测试看涨的20日SMA后反弹；该均线也已上穿同样看涨的100日与200 日SMA，三者共同强化了看涨倾向。4小时图显示，20周期简单移动平均线(SMA)已转为上行，动量指标位于零上方并继续扩张，表明买盘兴趣正在增强。 上行方面，黄金突破4445-4450美元区间，成为多头关键触发信号，接下来将是4500美元关口，更进一步则是挑战4550美元。 下行方面，黄金的短期支撑位于4400美元水平，接下来100小时简单移动平均线位于4370美元附近，将会提供动态支撑。如果进一步回调，则将下探4300美 元心理关口。 【EBC平台风险提示及免责条款】：本材料仅供一般参考使用，无意作为（也不应被视为 ...

1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - Geopolitical risks are escalating globally, leading to an upward trend in resource prices. Precious metals, copper, and other commodities are showing strong performance. The market is influenced by factors such as geopolitical conflicts, Fed's monetary policy expectations, and supply - demand fundamentals [2][3][5]. - In the short term, most commodity prices are expected to maintain a volatile or upward - trending pattern, but there are also risks such as capital outflows and weak demand in some sectors [6][10][15]. 3. Summary by Commodity Precious Metals - Geopolitical risks from events like the US' strategic intervention in Greenland and the situation in Venezuela are driving up precious metal prices. Silver has set a new high. The long - term outlook for precious metals remains positive, but short - term price fluctuations will be intense [3][4]. - On Tuesday, COMEX gold futures rose 1.22% to $4505.70 per ounce, and COMEX silver futures rose 5.95% to $81.22 per ounce [3]. Copper - Dovish voices suggest that the Fed may cut interest rates by more than 100 basis points this year. The copper price is oscillating upwards. Although the spot market trading is sluggish and inventories are rising, supply disruptions from strikes in Chile and a tight supply - demand balance are expected to keep the copper price at a high level in the short term [5][6]. - On Tuesday, the Shanghai copper main contract continued its strong upward trend, and LME copper broke through $13,000 without showing signs of adjustment [5]. Aluminum - The aluminum price is strongly influenced by short - term capital and sentiment. Although the supply - demand fundamentals show an increase in supply and a decrease in demand, in the context of the Fed's expected interest - rate cut cycle, capital continues to flow into the aluminum market, leading to a strong performance of the aluminum price [7]. - On Tuesday, the Shanghai aluminum main contract closed at 24,395 yuan/ton, up 3.26% [7]. Alumina - The alumina spot price is still weak, but due to the expectation of maintenance and production cuts by loss - making enterprises after the execution of long - term contracts in January and the overall strength of the non - ferrous sector, the alumina futures have rebounded. However, the rebound may limit the scale of production cuts [8]. - On Tuesday, the alumina futures main contract closed at 2,818 yuan/ton, up 0.9% [8]. Cast Aluminum - The continuous sharp rise in copper and aluminum prices has pushed up the cost of recycled aluminum raw materials, driving up the spot price of cast aluminum. Although the demand is weak, the inflow of capital has supported the cast aluminum price to be strong recently [9]. - On Tuesday, the cast aluminum alloy futures main contract closed at 22,995 yuan/ton, up 2.29% [9]. Zinc - Driven by capital, the zinc price has continued to rise. The geopolitical conflict has brought resource premiums, and the price hitting a nearly 10 - year high in China has boosted capital's enthusiasm for long - positions. However, the fundamentals are mixed, and chasing the rise requires caution [10]. - On Tuesday, the Shanghai zinc main contract 2602 continued its strong intraday trend and oscillated at a high level at night [10]. Lead - With the market maintaining a bullish atmosphere, the rise of LME lead has driven up the Shanghai lead price. The supply - demand is weak on both sides, but the low inventory provides support. The lead price is expected to continue to rise slowly in the short term [11]. - On Tuesday, the Shanghai lead main contract 2602 moved up during the day and continued to rise at night [11]. Tin - In the context of resource risk premiums, capital enthusiasm has pushed the tin price back to a strong level. Although the raw material supply disturbances have eased, the seasonal decline in Indonesian refined tin exports and the reduction in domestic supply in January support the price. However, the downstream demand is weak, and attention should be paid to inventory changes [13]. - On Tuesday, the Shanghai tin main contract 2602 rose strongly during the day and continued to rise at night [12]. Industrial Silicon - The market sentiment is high, and the industrial silicon price has rebounded. The supply is marginally shrinking, and the demand is also weak. The overall inventory has slightly decreased, and the futures price is expected to maintain a strong oscillation in the short term [14][15]. - On Tuesday, the industrial silicon main contract rebounded slightly [14]. Steel (Rebar and Hot - Rolled Coil) - The supply - demand of steel is in a weak balance. The off - season demand suppresses the price, while inventory reduction provides support. With positive macro - expectations, the steel price is expected to oscillate and rise in the short term [16]. - On Tuesday, steel futures rose. The trading volume of steel in the spot market was 96,000 tons [16]. Iron Ore - The iron ore price is supported by the expectation of pre - holiday restocking. Although the supply is abundant due to the year - end shipping rush by overseas miners, the change in the South American situation has worried the market about supply, leading to an oscillating rebound of the futures price [17][18]. - On Tuesday, iron ore futures rose. The trading volume of iron ore in the spot market was 1.33 million tons [17]. Coking Coal and Coke (Double - Coking) - The fundamentals lack strong drivers. The decline in raw coal prices has narrowed, supporting the coke price, and the downstream procurement demand has recovered. After the holiday, coal mine production has increased slightly. The steel mills' procurement is still cautious, and the double - coking price is expected to oscillate and rebound [19]. - On Tuesday, double - coking futures rebounded [19]. Soybean Meal and Rapeseed Meal - South American weather is favorable for crop growth, maintaining the expectation of a bumper harvest. The US soybean export sales progress is slow, and the external market is under pressure. The trading volume of soybean meal has increased, and it is expected to oscillate in the short term [20][21]. - On Tuesday, the soybean meal 05 contract rose 1.09% to 2,776 yuan/ton, and the rapeseed meal 05 contract rose 1.06% to 2,390 yuan/ton [20]. Palm Oil - The palm oil price is waiting for the guidance of the MPOB report. The production in Malaysia in early January decreased significantly, while exports improved moderately. With positive macro - sentiment and weak oil prices, the palm oil price is expected to oscillate within a range in the short term [22][23]. - On Tuesday, the palm oil 05 contract rose 0.09% to 8,500 yuan/ton [22].

Morning session notice 早盘提示 本报告中的信息均源于公开资料，格林大华期货研究院对信息的准确性及完备性不作任何保 证，也不保证所包含的信息和建议不会发生任何变更。我们力求报告内容的客观、公正，但 文中的观点、结论和建议仅供参考，报告中的信息和意见并不构成所述期货合约的买卖出价 和征价，投资者据此作出的任何投资决策与本公司和作者无关，格林大华期货有限公司不承 担因根据本报告操作而导致的损失，敬请投资者注意可能存在的交易风险。本报告版权仅为 格林大华期货研究院所有 任何机构和个人不得以任何形式翻版 如引用、转载、刊发，须注明出处为格林大华期货有限公司。 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 7 日星期三 联系方式：liuyang18036@greendh.com | 板块 | 品种 | 多（空） | 推荐理由 【行情复盘】 COMEX 黄金期货涨 1.22%报 4505.70 美元/盎司，COMEX 白银期货涨 5.95%报 81.22 美元/盎司。沪金收涨 0.81%报 1008.74 元/克，沪银收涨 4.8 ...

消息面上，近日，美联储理事米兰表示，预计后续经济数据将继续支持"降息是合适的"这一政策方向， 他认为美联储今年应降息超过100个基点。 相关分析指出，全球对美元体系的担忧加速非美元支付布局，美联储降息预期提升贵金属投资吸引力。 每日经济新闻 2026年1月6日，受美国推动格陵兰岛方案及美联储官员释放鸽派言论影响，金价震荡走强，现货黄金价 格重回4500美元上方。截至收盘，COMEX黄金期货涨1.22%报4505.70美元/盎司，黄金ETF华夏 （518850）涨0.93%，黄金股ETF（159562）涨2.8%，有色金属ETF基金（516650）涨4.16%。 ...

转自：新华财经 【资讯导读】 •委石油已成囊中物？ 美油企高管持异议 •德国总理：提振经济将成2026年首要任务 •美国有线电视新闻网（CNN）5日评论说，美国总统特朗普可能就委内瑞拉石油作出了重大误判。特朗 普对美国能源企业有望获取委内瑞拉庞大石油资源感到兴奋，但行业消息人士告诉CNN，美国石油行 业高管不太可能贸然进军委内瑞拉，原因包括当地实际情况变数大，委内瑞拉石油基础设施老化，以及 该国曾采取石油资产国有化的措施等。 •多家欧洲市场机构日前认为，美国对委内瑞拉实施军事打击并强行控制委内瑞拉总统马杜罗夫妇可能 加剧投资者对地缘政治不确定性的担忧，对石油市场供应和风险预期造成影响。 •德国总理默茨近日在致执政联盟成员的一封信中表示，德国经济形势在某些领域"非常严峻"，2026年 应将提振经济作为首要任务。 •英国汽车制造商和贸易商协会6日公布的数据显示，2025年英国新车注册量同比增长3.5%至202万辆， 自新冠疫情以来首次超过200万辆。电动汽车需求增长成为推动英国车市回暖的重要因素，中国汽车品 牌的市场表现引发关注。 •沙特资本市场管理局宣布，将自2月1日起向所有类别的外国投资者开放资本市场，允许其 ...

昨日1月6日（星期二），黄金早盘开盘上涨4460受阻回落，在下探4428附近后回升上涨；欧盘在4476附近受阻回落，下探4442附近后回升上涨；美盘在4491 附近受阻，下探4463附近后上涨，凌晨最高上涨至4497/4498附近，日线收出一根阳线。 一、基本面 1、地缘政治风险升温 美国对委内瑞拉采取军事行动，逮捕总统马杜罗并押送至纽约，引发委内瑞拉政治格局动荡，国际社会紧张氛围加剧，推动避险资金流入黄金市场。特朗普 计划会见石油公司高管，商讨重振委内瑞拉石油产业，进一步强化市场对地缘风险的担忧。 特朗普重申控制格陵兰岛的意图，其幕僚淡化国际法与丹麦主权引发欧洲多国反对，法、英、德等七国领导人发表联合声明维护格陵兰岛相关主权，凸显全 球地缘政治不稳定性，为金价提供额外支撑。 2、美联储政策与经济数据预期 市场普遍预期美联储2026年将实施两次降息，里奇蒙联储主席表示货币政策需根据数据精细调整，平衡失业与通胀风险。 市场密切关注周五公布的美国非农就业报告，预计12月新增就业岗位约6万个，略低于前月，该数据将为美联储利率路径提供重要线索。 3、今日关注 01.07 三 下一 川才 2个 否 1 年 - 周 三 ...

2026.01. 07 本文字数：1628，阅读时长大约3分钟 作者 | 第一财经 胡弋杰 Alphabet A类与C类股分别下跌0.69%和0.87%。 中概股整体承压，纳斯达克中国金龙指数收跌0.78%。个股中，中驰车福暴涨70.83%，日月光半导体 上涨3.18%，拼多多逆势收涨2.97%；阿里巴巴下跌3.43%，百度跌2.18%，蔚来跌1.65%，京东跌 0.17%，富途控股跌0.39%，腾讯控股ADR小幅回落0.09%。 Argent Capital驻圣路易斯的投资组合经理杰德·埃勒布鲁克表示："我认为大型科技公司将迎来非常 强劲的财报季。我们听到的资本支出预期仍在被上调，这为AI相关股票提供了持续支撑。" 美国股市周二集体收高，道指和标普500指数均创历史收盘新高。芯片股在人工智能（AI）乐观情绪 再度升温的带动下全线走强。与此同时，莫德纳在美国银行上调目标价后大涨，提振医疗保健板块。 与此同时，市场整体对美国突袭委内瑞拉带来的地缘政治风险反应相对克制，投资者注意力重新回到 AI产业链、即将开启的财报季以及本周密集公布的美国就业数据。 截至收盘，标普500指数上涨0.62%，报6944.82点；纳 ...

Core Viewpoint - The article discusses the rise in the dollar index alongside U.S. Treasury yields, as investors await more data to assess the Federal Reserve's interest rate path [1][8]. Group 1: Economic Indicators - The U.S. services PMI for December decreased to 52.5, while the composite PMI fell to 52.7 [2][10]. - The 10-year U.S. Treasury yield increased by 1.5 basis points to 4.18% [3][11]. Group 2: Bond Market Activity - Approximately 22 borrowers are expected to enter the investment-grade bond market, following a previous issuance of $37.1 billion [2][10]. - The underwriting department anticipates a total issuance of about $70 billion for the week [2][10]. Group 3: Currency Movements - The Bloomberg dollar spot index rose by 0.2%, rebounding after falling below the 100-day moving average of approximately 1209 points [1][9]. - The euro/dollar exchange rate fell by 0.3% to 1.1687 ahead of the eurozone inflation report [3][11]. - The dollar/Swiss franc increased by 0.5% to 0.7958, while the dollar/Canadian dollar rose by 0.3% to 1.3806 [5][15]. - The pound/dollar decreased by 0.4% to 1.3495 after briefly reaching its highest level since September [6][14]. - The dollar/yen rose by 0.2% to 156.69 [7][15]. Group 4: Market Sentiment - The implied volatility for the euro reached its highest level since the last European Central Bank meeting [4][12]. - Market makers are not adjusting positions based on customer trading flows or headlines, as they await key data such as the U.S. employment report [3][11].