Core Viewpoint - The prices of precious metals, particularly gold and silver, are rising due to geopolitical tensions and concerns over the independence of the Federal Reserve, with gold reaching $4,637.45 per ounce and silver nearing $91 per ounce [1] Market Performance - As of the latest update, gold has a market capitalization of $32.265 trillion, making it the most valuable asset, while silver's market cap stands at $5.070 trillion, ranking second [1][2] - Both gold and silver have surpassed the market capitalization of NVIDIA, which is currently at $4.523 trillion [2] Price Movements - Gold has increased by 0.9% in the day, while silver has seen a nearly 3% rise, with silver's price reaching as high as $90.08 [1][2] - The price of silver has increased by 4.33% over the past 30 days [2] Future Predictions - Several international investment banks, including Citigroup, have raised their forecasts, predicting that gold could reach $5,000 per ounce and silver could hit $100 per ounce within the next three months under bullish scenarios [2]

莲花资产管理有限公司首席投资官洪灏表示，白银正受益于市场资金向大宗商品的广泛轮动。他称，白 银的涨势"今年仍有很大上行空间，年末价格有望达到每盎司150美元"。 白银去年的表现优于黄金，涨幅高达150%，这得益于10月出现的逼空行情、伦敦市场持续的供应紧张 格局，以及大量的投机性买盘涌入。交易员们同时还在等待美国232条款调查的结果，该调查结果可能 导致美国对白银进口加收进口税。 紫金天风期货股份有限公司分析师刘诗瑶表示："对白银加收进口税的担忧，已导致大量白银滞留美 国，限制了其流入全球市场的规模。" 贵金属价格的最新一轮上涨，凸显出投资资金的强劲流入态势，从上海到纽约，市场投机兴趣激增。自 去年12月下旬以来，纽约商品交易所和上海期货交易所的白银交易量始终维持在高位。 受针对美联储的抨击、美国或进一步降息的预期，以及紧张的地缘政治局势等多重因素推动，贵金属市 场掀起一轮强劲涨势。白银价格首次突破每盎司90美元关口，黄金也逼近历史最高水平。 这一白色金属的价格一度飙升5.3%，触及每盎司91.5535美元，而黄金价格距离历史峰值仅差不到10美 元。美国12月核心通胀数据并未如市场担忧的那般高企，但经济学家指 ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 作者：观察君 根据花旗集团发布的最新预测，白银价格有望在未来三个月内触及每盎司100美元水平。该机构在报告 中指出，预计牛市在近期将保持不变，基本假设是地缘政治风险会有所缓和。 此前，美国劳工部于当地时间1月13日公布的数据显示，2025年12月美国消费者价格指数同比上涨 2.7%，核心CPI同比上涨2.6%。数据公布后，市场对美联储较早降息的预期有所升温，这被视为推动贵 金属价格上涨的因素之一。 随着白银价格持续攀升，其全球总市值也同步增长。根据市值数据平台CompaniesMarketCap的数据，白 银总市值已首次站上5万亿美元大关。 现货白银价格于1月14日亚洲交易时段首次突破每盎司90美元整数关口，再度刷新历史纪录。此次价格 上冲发生在1月13日晚间价格已创下新高并突破89美元的基础上。 ...

1. Report's Industry Investment Rating - Not provided in the given content 2. Core Viewpoints of the Report - In the short - term, precious metals prices are expected to remain strong under the dual support of macro and fundamental factors. However, due to risk - control measures by the Shanghai Futures Exchange and CME, price fluctuations may be significant. It's recommended to control positions. Long - term, the upward logic for precious metals remains unchanged, and strategies should focus on buying on dips or selling slightly out - of - the - money put options [4]. - In the medium - to - long - term, the Fed is in an easing cycle, global geopolitical uncertainties are rising, and dollar credit risks are increasing. Gold prices will likely shift upward, and long - term investors are advised to buy on dips [5]. 3. Summary by Relevant Catalog 3.1 Price Tracking - On January 13, 2026, London gold spot was at $4580.07/oz, London silver spot at $84.87/oz, COMEX gold at $4588.80/oz, and COMEX silver at $84.71/oz. The prices of AU2602, AG2602, AU (T + D), and AG (T + D) were 1027.18 yuan/g, 21030 yuan/kg, 1024.62 yuan/g, and 21030 yuan/kg respectively. Compared to January 12, 2026, the price increases were 0.1%, 0.6%, 0.0%, 0.4%, 0.1%, 0.3%, 0.2%, and 0.4% respectively [3]. - On January 13, 2026, the gold TD - SHFE active price spread was - 2.56 yuan/g, and the silver TD - SHFE active price spread was 0 yuan/kg. The gold and silver spreads between domestic and foreign markets and other price spreads also had corresponding values and changes from January 12, 2026 [3]. 3.2 Position Data - As of January 12, 2026, the gold ETF - SPDR held 1070.8 tons, and the silver ETF - SLV held 16347.94785 tons. The non - commercial long, short, and net long positions in COMEX gold and silver also had corresponding quantities and changes compared to January 9, 2026, such as a 0.59% increase in gold ETF - SPDR and a - 6.18% decrease in COMEX silver non - commercial net long positions [3]. 3.3 Inventory Data - On January 13, 2026, SHFE gold inventory was 98283.00 kg, a 0.65% increase from January 12, 2026, and SHFE silver inventory was 630066.00 kg, a - 3.01% decrease. COMEX gold and silver inventories also had corresponding values and changes [3]. 3.4 Interest Rate/Exchange Rate/Stock Market - On January 13, 2026, the USD/CNY central parity rate was 7.01, with a - 0.01% change from January 12, 2026. The dollar index, U.S. Treasury yields, VIX, S&P 500, and NYWEX crude oil also had corresponding values and changes [3]. 3.5 Market Review - On January 13, the Shanghai gold futures main contract rose 1.01% to 1027.18 yuan/g, and the Shanghai silver futures main contract rose 5.9% to 21004 yuan/kg [3]. 3.6 Influencing Factor Analysis - Geopolitical risks and the Fed's independence crisis support the strong rise in precious metal prices. The U.S. December data on inflation makes the market increase bets on Fed rate cuts, further driving precious metal prices. Silver's spot premium, futures structure, inventory situation, and the change in photovoltaic export tax - rebate policy also help release silver price elasticity [4]. 3.7 Medium - to - Long - Term Views - In the medium - to - long - term, the Fed's easing cycle, global geopolitical uncertainties, increasing dollar credit risks, and the continued allocation demand of global central banks, institutions, and residents will likely cause the center of gold prices to move upward. Long - term investors are advised to buy on dips [5].

相关分析指出，美国利率下行、地缘政治紧张局势升级、美元信任度下降以及美联储遭遇的挑战，均对 金银价格形成支撑。十余位基金经理表示，基于对贵金属长期吸引力的坚定信心，他们选择不急于大幅 减持黄金头寸。多重利好因素共振，推动贵金属需求激增，市场对其估值也随之大幅上调。 2026年1月13日，受鲍威尔遭刑事调查及美伊关系紧张催化，黄金期货、现货价格双双攀升至历史新 高，尾盘小幅回落，截至收盘，COMEX黄金期货跌0.44%报4594.40美元/盎司，黄金ETF华夏(518850) 涨0.13%，黄金股ETF(159562)涨2.56%，有色金属ETF基金(516650)涨1.05%。 消息面上，美东时间1月13日，美国国务院通过"虚拟驻伊朗德黑兰使馆"发布全国性安全警告称，敦促 美国公民立即离开伊朗。同日，特朗普在社交媒体上发文表示已经取消所有与伊朗官员的会谈。 每日经济新闻 ...

知识图强,求实奉献,客户至上,合作共赢 | 贵金属期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可【2011】1292号 2026年1月14日 | | | | 叶偉品 | Z0016628 | | 国内期货收盘价 | | | | | | | 同程 | 1月13日 | 1月12日 | 流跌 | 张跌幅 | 单位 | | AU2602合约 | 1027.18 | 1026.28 | 0.90 | 0.09% | 元/完 | | AG2604合约 | 21004 | 20945 | ਟਰ | 0.28% | 元/十兄 | | PT2606合约 | 605.05 | 622.80 | -17.75 | -2.85% | | | | | | | | 元/克 | | PD2606合约 | 483.25 | 505.10 | -21.85 | -4.33% | | | 外盘期货收盘价 | | | | | | | 00 中 | 1月13日 | 1月12日 | 淵鉄 | 旅鉄幅 | 単位 | | COMEX黄金主力合约 | 4594.4 ...

Group 1 - Several A-share gold mining companies have released performance forecasts, indicating significant growth in earnings for 2025 due to a substantial increase in gold prices [1] - Zijin Mining expects a net profit attributable to shareholders of 51 billion to 52 billion yuan for 2025, representing a year-on-year increase of 59% to 62% [1] - Chifeng Jilong Gold anticipates a net profit of 3 billion to 3.2 billion yuan for 2025, reflecting a year-on-year growth of 70% to 81% [1] Group 2 - Despite a slight decline in COMEX gold futures by 0.44% to $4,594.40 per ounce, the overall demand for gold remains robust, supported by geopolitical tensions and central bank purchases [1] - Analysts suggest that persistent inflation, as indicated by the latest U.S. inflation report, may drive investors towards precious metals to hedge against inflation, potentially increasing prices over time [2] - The report highlights that new investors may act before silver prices exceed $100 per ounce, emphasizing the importance of including gold and silver in investment portfolios, albeit limited to 10% or less [4]

相关分析指出，美国利率下行、地缘政治紧张局势升级、美元信任度下降以及美联储遭遇的挑战，均对 金银价格形成支撑。十余位基金经理表示，基于对贵金属长期吸引力的坚定信心，他们选择不急于大幅 减持黄金头寸。多重利好因素共振，推动贵金属需求激增，市场对其估值也随之大幅上调。 2026年1月13日，受鲍威尔遭刑事调查及美伊关系紧张催化，黄金期货、现货价格双双攀升至历史新 高，尾盘小幅回落，截至收盘，COMEX黄金期货跌0.44%报4594.40美元/盎司，黄金ETF华夏(518850) 涨0.13%，黄金股ETF(159562)涨2.56%，有色金属ETF基金(516650)涨1.05%。 消息面上，美东时间1月13日，美国国务院通过"虚拟驻伊朗德黑兰使馆"发布全国性安全警告称，敦促 美国公民立即离开伊朗。同日，特朗普在社交媒体上发文表示已经取消所有与伊朗官员的会谈。 ...

（文章来源：新华财经） 花旗集团策略师团队将黄金未来3个月的目标价上调至每盎司5000美元，白银目标价上调至每盎司100美 元。 ...

最近以来，交易所也频繁的出手提高保证金提示风险等等。昨天上海黄金交易所再次提示风险，同时芝 加哥商品交易所调整保证金的计算规则，这一点对黄金白银构成短线的利空。 今晚美国将公布CPI数据，上周非农数据后美联储降息概率大降，今天CPI数据市场关注度比较高。不 过，我们认为在当前地缘局势左右市场走势的情况下，CPI数据如果和预期不大将会被市场忽视；只有 远远偏离预期，才能引起剧烈的波动！ 摘要1月13日欧洲时段，金价陷入高位震荡，多个金店金饰克价涨至1432元附近。2026年1月13日，各大 品牌黄金零售价格较昨日均震荡，据金投网统计，目前是周生生价格最高，为1432元/克（工费另 计），菜百黄金价格最低，为1392元/克（工费另计），投资金条价格每克1043-1084元左右，白银价格 19.27元/克。 1月13日欧洲时段，金价陷入高位震荡，多个金店金饰克价涨至1432元附近。2026年1月13日，各大品牌 黄金零售价格较昨日均震荡，据金投网统计，目前是周生生价格最高，为1432元/克（工费另计），菜 百黄金价格最低，为1392元/克（工费另计），投资金条价格每克1043-1084元左右，白银价格19.27元/ ...