Core Insights - The article emphasizes the increasing importance of gold as a safe-haven asset in today's uncertain global economic environment, highlighting the need for investors to choose a robust overseas gold trading platform to enhance asset allocation [1] Group 1: Platform Summaries - **Manzhou Gold**: A well-established institution in Hong Kong, known for its MT5 trading system and liquidity resources, making it a preferred choice for traditional investors. It offers standardized contracts for beginners and direct access to the London gold market for analysts [3] - **Velos Markets**: An emerging platform with a unique "holographic projection" analysis system that layers macroeconomic indicators with micro market signals. It successfully predicted a reverse trend in gold prices by analyzing COMEX futures and spot gold [4] - **LMAX Digital**: Not explicitly detailed in the search results, but industry data indicates it processes an average of $3 billion in precious metal orders daily, positioning it as a high-capacity trading network [6] - **IG Markets**: Provides a "gold trading simulation lab" that allows users to backtest historical market conditions, enhancing educational resources for traders [7] - **Saxo Bank**: Offers customizable services, enabling users to create personal gold indices by combining mining stocks, ETFs, and physical gold prices [8] Group 2: Functional Comparisons - **Order Execution and Risk Management**: Velos Markets features a "three-tier stop-loss" function that surpasses conventional platforms, allowing for phased partial liquidation based on volatility. In contrast, Manzhou Gold's "conditional order" is better suited for trend-following strategies [9] - **Leverage and Spread Insights**: Gold spot trading typically offers leverage of 50-100 times, but Velos enforces a maximum of 20 times for new traders. The average spread for Manzhou Gold during Asian hours is $1.2 per ounce, while Velos can reduce it to $0.8 during London fix periods [11] - **Advanced Analytical Tools**: Professional users should focus on Velos's "futures-spot premium monitoring" and Manzhou Gold's "central bank holdings tracking" to analyze global gold reserve changes and their long-term trend impacts [12]

Group 1 - The core viewpoint is that gold prices have rebounded due to increased geopolitical tensions and concerns over the U.S. fiscal situation, leading to strong market demand for gold as a safe-haven asset [1][3] - Gold prices have shown a short-term upward trend despite previous bearish factors, with the market's basic expectation of stagflation driven by tariff policies remaining unchanged [3] - The long-term upward momentum for gold remains strong, with significant increases in gold imports by China and a notable rise in global gold demand, particularly from ETFs [4] Group 2 - In April, China's gold imports reached 127.5 tons, marking a 73% month-on-month increase and the highest level in 11 months [4] - The World Gold Council reported that global gold demand in Q1 2025 reached 1206 tons, a slight year-on-year increase of 1%, the highest level for the same period since 2016 [4] - Gold investment demand surged over 100% in Q1 2025, reaching 552 tons, a 170% year-on-year increase, indicating a strong recovery in ETF demand [4]

黄金高位现抛售行情，多头进场仍需耐心等待，美盘短线如何布局？立即观看超V研究员Emma的分 析，马上进入直播间>>> 相关链接 ...

今年5月以来，国际黄金市场经历剧烈震荡，继月初的暴涨后，近期又因多重因素出现回调，但市场对黄金的长期配置 价值仍存共识。以5月5日的行情为例，国际金价单日涨幅一度突破2.7%，现货黄金盘中触及3320美元/盎司，创下近两周 新高。这一波动背后，既反映了全球经济与地缘政治的深层博弈，也为投资者提供了新的布局窗口。 一、金价大涨的驱动逻辑：避险需求与政策博弈 1. 美元走弱与政策不确定性 5月初，美元指数跌至99.684，日内跌幅0.35%，以美元计价的黄金吸引力显著提升。同时，美国对海外电影征收100%关 税的激进政策、中东局势紧张以及俄乌谈判前景不明，均刺激资金涌入黄金市场。 2. 美联储降息预期反复 市场对美联储年内降息的预期一度升温，某机构预测若经济不着陆，黄金可能因降息周期开启而获得支撑。但随后公布 的美国经济数据韧性较强，又推迟了降息预期，导致金价波动加剧。 3. 央行购金与投资需求分化 2. 中长期配置注重分散风险 黄金在家庭资产中的配置比例建议为5%-15%，可通过定投黄金ETF或实物金条平滑波动。国内黄金ETF持仓量较年初增 长327%，显示机构对长期价值的认可。 3. 选择合规平台降低交易成本 ...

目前欧盘时段当前金价最低回踩到3322附近起涨，我们给出的3320-22附近多单目前已经小幅反弹，没 单回落可继续多，这种行情回落就是进多机会，但是进多不要太着急，如果进场点位不是很好一定要注 意缩小这样才能避免刚好下探扫损再上来，并且把风险控制的相对合理。欧美盘重点就是这一波反弹力 度，如果这一波能反弹上到3340上方，重点关注3350-52压制情况，未能直接上破考虑在3348-50短空一 次，下方回落3328-30可继续多。 若直接突破3350-52可能继续拉升冲击3370，跟此前3252破位多是一个 道理。 反之，若意外跌破3315，那么这一波强势格局可能暂时结束，下方考虑在3300-02接回多单。综 合来看，今日黄金短线操作思路上金晟富建议回调做多为主，反弹做空为辅，上方短期重点关注3350- 3360一线阻力，下方短期重点关注3310-3320一线支撑，各位朋友一定要跟上节奏。要控制好仓位及止 损问题、严格设止损，切勿抗单操作。具体点位以盘中实时为主，欢迎前来体验，交流实时行情，进群 关注实时单。 5.22黄金操作策略参考： 换资前言： 黄金市场涨跌转换频繁，走势非常极端、市场出现剧烈洗盘走法。导致 ...

5月21日，由华安基金管理有限公司主办的"黄金投资高端峰会"在中国金都山东招远举行。本次峰会汇 聚了来自宏观经济研究、黄金产业分析及资产配置领域的顶尖专家学者，围绕"全球宏观变局下的黄金 投资新机遇"这一主题展开深入探讨和交流。 本次会议得到招金矿业的支持，招金矿业品牌总监菅兵对参会嘉宾的来到中国金都——山东招远表示了 欢迎。招金矿业是国内领先的从黄金勘探、开采、精炼、加工、销售的一体化集团公司，凭借着优越的 地理位置、丰富的矿产资源、领先的工艺技术和创新的管理模式，加速跻身中国顶尖、世界领先的黄金 生产企业行列。 在主题演讲环节，中国人民大学美国研究中心专家深入解读了中美关系演变。他表示，当前中美战略竞 争已进入新阶段，美国对华关税政策调整与科技管制措施正在重塑全球供应链格局。与此同时，美联储 货币政策转向预期升温，美元指数波动加剧，这使得黄金作为非主权信用资产的避险属性显著提升。他 强调，在地缘政治风险持续发酵的背景下，各国央行加速外汇储备多元化进程，黄金正重新成为国际货 币体系中的重要稳定锚。 中金公司有色首席分析师齐丁在演讲中深入剖析了黄金市场的新周期特征。他认为，全球宏观经济格局 正在经历深刻重构， ...

Group 1 - The core viewpoint indicates that the gold ETF fund has shown significant performance with a recent price increase and substantial net inflows, suggesting strong investor interest in gold as a safe-haven asset [2][3] - The gold ETF fund has experienced a net inflow of 3.194 billion yuan over the past 20 trading days, with an average daily net inflow of 160 million yuan, reflecting a positive trend in investor sentiment [2][3] - The macroeconomic environment, including concerns over the U.S. financial system and potential recession, is creating favorable conditions for gold, as central banks are likely to continue increasing their gold reserves [3] Group 2 - The gold ETF fund has achieved a net value increase of 91.92% over the past five years, ranking it among the top funds in its category, indicating strong long-term performance [4] - The fund's historical performance metrics include a maximum monthly return of 10.62% and a 100% probability of profit over a three-year holding period, showcasing its reliability as an investment [4] - The fund's management fee is 0.50% and the custody fee is 0.10%, which are competitive rates in the market [4]

美国商品期货交易委员会(CFTC)数据显示，截至5月21日，黄金ETF持有量为919.88吨，较上一交易日 减持了1.72吨。 最新路透调查显示，在日本经济面临关键转折点时，近三分之二的日本企业正急切呼吁日本央行暂停加 息计划。这项由日经研究在5月7日至16日期间进行的调查，覆盖了504家日本企业，其中224家匿名回 应。结果显示，高达65%的企业明确表示希望央行暂缓加息，另有10%的企业甚至呼吁降息，仅25%的 企业支持继续加息。这一强烈呼声背后，是日本经济第一季度意外萎缩的现实，以及特朗普政府关税政 策带来的巨大不确定性。 多家受访企业高管直言，特朗普关税政策如同一片难以驱散的阴云，正严重干扰企业的战略规划。一位 不愿具名的服务业公司经理在调查中写道："当前最大的挑战是根本看不清谈判走向。任何利率调整都 应该等到政策能见度恢复后再做决定。"更严峻的是，电子行业高管指出，若美国对日本商品加征关 税，叠加加息导致的日元升值，出口行业将遭受"双重暴击"——既要承担关税成本，又要面对汇率波动 带来的利润侵蚀。 【上一交易日黄金行情解析】 黄金ETF最新持仓数据： | 日期 | 净持仓量（盎司） | 净持仓量（吨） ...

黄金又支棱起来了！今天（5月21日），现货黄金价格强势上破3300美元关键点位，为5月9日以来首次。在消息面上，地缘政治风险升温成为重要催化 剂。 今天，国内品牌金饰足金报价纷纷重返千元之上，AH股黄金股双双集体走高。 AH黄金股双双大涨 一夜大涨近30元/克 品牌金饰集体回到千元之上 此前，国际金价出现回调，黄金连续下跌，从3500美元到跌破3200美元。 数据显示，5月7日以来，伦敦现货黄金价格从约3430美元/盎司高点连续下挫，其中5月14日单日暴跌约72美元/盎司，单日跌幅2.23%。 但本周金价走出大逆转，连续三天上涨。5月20日晚，现货黄金持续走高，突破3280美元/盎司，日内涨超1.6%。从5月21日开始，黄金价格再度上扬，突 破3300美元大关。截至今日发稿前，现货黄金涨破3310美元/盎司。 AI识股 A股板块涨幅第一 A股贵金属板块今天也同步拉升，截至下午收盘，板块指数大涨近5%，登上板块涨幅第一。 | AI识股 | | --- | | 个股方面，晓程科技领涨，西部黄金涨停，四川黄金、赤峰黄金、山金国际、山东黄金等跟涨。 | | AI识股 | | H股黄金股也集体走高，截至下午收盘，港股紫 ...

Group 1 - The 10-year U.S. Treasury yield rose by 11.16 basis points to 4.5985%, marking the first time since February 13 that it surpassed the 4.6% threshold [1] - The 20-year Treasury yield increased by 13.21 basis points, reaching a daily high of 5.1247%, approaching the peak of 5.2838% from November 1, 2023 [1] - The 30-year Treasury yield climbed by 12.27 basis points to 5.0923%, nearing the October 23, 2023 peak of 5.1764% and the psychological 6% level [1] Group 2 - Concerns over U.S. fiscal sustainability have led to a significant sell-off in long-term Treasuries, with the 30-year yield surpassing 5%, raising worries about future financing costs [1] - The U.S. stock market experienced a sharp decline, with major indices recording their worst single-day performance in a month, influenced by the pressures from the bond market [1] Group 3 - From a medium to long-term perspective, the decline in U.S. dollar credit and the onset of a Federal Reserve rate cut cycle, along with global central banks increasing gold purchases, suggest that gold prices may continue to trend upward after a short-term adjustment [2] - The easing of tariff policies has improved market risk appetite, putting pressure on the safe-haven attributes of precious metals in the short term [2] - In the context of global trade policy uncertainty and ongoing central bank gold purchases, gold prices are expected to exhibit a pattern of rising more easily than falling [2] Group 4 - Companies related to gold and precious metals include Zijin Mining (02899), Shandong Gold (01787), Zhaojin Mining (01818), Lingbao Gold (03330), China Gold International (02099), WanGuo Gold Group (03939), LaoPu Gold (06181), and JiHai Resources (02489) [3]