编辑：赵新亮 校对：纪元 制作：泰勒 审核：木鱼 刚刚，招行、邮储发声！ （原标题：大反转！刚刚，V了！） 【导读】V了 中国基金报记者 泰勒 兄弟姐妹们啊，好消息，黄金白银的价格，深"V"了！ 2月2日晚 间，在经历亚洲时段一轮猛烈抛售后，黄金、白银价格开始收复部分跌幅。 现货白银价格今日一度跌 超15%，截至发稿，跌幅收窄至2%以内！现货黄金也不例外，从跌约10%到如今仅跌超1%。纽约期货 黄金转涨。 其他贵金属方面，跌幅也明显收窄。 ...

来源：千图网 国际黄金和白银价格2日大幅下跌，其中黄金期货价格一度回落至每盎司4500美元下方。 纽约商品交易所黄金期货价格当天一度跌至每盎司4429.2美元，白银期货价格一度跌至每盎司72.35美元。 国际黄金和白银价格近期刷新历史高点后出现剧烈波动。与1月29日创下的历史最高点相比，2日白银价格盘中低点的累计跌幅已达40%，金价累 计跌幅约20%。 多家银行机构、上海黄金交易所等近期提醒投资者警惕市场波动风险，理性投资。 有分析称，近期国际贵金属价格剧烈波动的原因包括美联储主席提名打破市场鸽派预期、短期获利了结与杠杆资金踩踏和白银投机属性强烈放大 波动。 南华期货分析师夏莹莹指出，本轮贵金属价格的剧烈波动已明显超出基本面能够解释的范围，情绪因素成为主导力量。"前期看涨仓位过度拥 挤，在突发消息冲击下，负向反馈机制被迅速激活，技术性抛压集中释放，最终形成踩踏式下跌。" 中信证券指出，2026年全球主要经济体将延续流动性宽松态势，贵金属价屡创新高激发了投资者对商品的交易热潮，白银、铜、锡、碳酸锂等品 种或受益于活跃交易实现价格超预期上涨。该机构认为，在经历2025年的行情大涨后，有色金属价格和股票行情的上涨动 ...

Core Viewpoint - Recent fluctuations in gold and precious metal prices have prompted China Merchants Bank to adjust its gold trading business, increasing margin requirements for various gold contracts [1][2]. Group 1: Margin Adjustments - Starting from February 2, 2026, the margin ratio for Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 contracts will be raised from 60% to 70%, while the price fluctuation limit remains at 15% [1]. - The margin level for Ag(T+D) contracts will also increase from 60% to 70% on the same date, with potential adjustments to the price fluctuation limit depending on market conditions [1]. Group 2: Previous Adjustments - Prior to this announcement, on January 30, 2026, China Merchants Bank had already raised the margin ratios for the same gold contracts from 49% to 60%, while the Ag(T+D) margin increased from 48% to 60% [2]. Group 3: Market Context - Other banks, including Agricultural Bank and Postal Savings Bank, have also adjusted their margin requirements for gold contracts in response to recent market volatility [4]. - Significant price fluctuations were noted, with gold prices rising from $5,200 to $5,600 per ounce between January 28 and 29, 2026, followed by a sharp decline, including a nearly 13% drop on January 31, marking the largest single-day drop in nearly 40 years [4][5]. - As of February 2, 2026, gold was priced at $4,692.54 per ounce, reflecting a 4.14% decline, while silver was at $81.38 per ounce, down 4.55% [5]. Group 4: Future Outlook - Despite recent declines, long-term bullish sentiment on gold remains, with expectations that U.S. inflation may decline in the second half of 2026, potentially leading to further support for gold prices [5].

国际黄金和白银价格近期刷新历史高点后出现剧烈波动。1月29日，现货黄金曾达到每盎司5596美元， 创历史最高，现货白银价格也曾突破每盎司120美元，同样为历史最高。 受国际贵金属价格下跌带动，国内金价也出现下跌。2日，品牌金店的黄金首饰价格已从每克1700元的 高点，回落到1500元以下。 国际黄金和白银价格2日继续下跌，其中现货黄金价格最低跌至每盎司4400美元左右，日内跌幅5%左 右，现货白银价格最低跌至每盎司71美元左右，日内跌幅7%左右。截至发稿，现货黄金和白银价格分 别回升至每盎司4640美元和78美元。 分析人士将贵金属价格剧烈波动归结为技术因素、情绪因素的共振。上海黄金交易所、多家银行机构等 近期提醒投资者警惕市场波动风险，理性投资。 ...

今日午后， 黄金、白银价格继续下探。 现货黄金跌破4500美元/盎司， 日内下跌7.5%。 现货白银日内跌幅超14%， 较前一日1618元/克跌134元 | | | 金价(人民币) | | --- | --- | --- | | 足金饰品 (每克 ) | 卖出 | ¥1484 | | | 换金价 | ¥1263 | | | 换珠宝价 | ¥1263 | 老凤祥金饰1498元/克 近一个月涨幅已抹平。 | | | 白银/美元 | | | | | --- | --- | --- | --- | --- | --- | | | | XAG | | | | | 72.75 | 今开 | 82.68 最高 | 87.95 | 最低 | 72.75 | | -14.11% -11.95 | 总手 | -- 特仓 | | 日曾 | | | 结算 | 昨结 | 84.70 | | | 电子 | | 分时 品目 | 日K | 園K | 月Ｋ | 白名。 | | | 均线 · MA5:100.43↓ 10:99.29↓20:92.56↓ | | | | | DK点 , | | 121.65 | | | | | 121.65-> ...

Core Viewpoint - Recent volatility in precious metal prices has prompted major banks, including China Merchants Bank and Postal Savings Bank of China, to issue risk warnings and adjust their trading policies to protect investors [1][2]. Group 1: China Merchants Bank Actions - China Merchants Bank announced adjustments to its "Zhaocai Gold" business due to increased volatility in domestic and international precious metal prices [1]. - Starting from February 2, 2026, the margin ratio for various gold contracts, including Au(T+D) and Ag(T+D), will be increased from 60% to 70%, while the price fluctuation limit remains unchanged at 15% [1]. - For the Ag(T+D) contract, if a one-sided market occurs, the fluctuation limit will increase from 19% to 25% starting the next trading day after the margin adjustment [1]. Group 2: Postal Savings Bank Advisory - Postal Savings Bank issued a warning regarding the significant fluctuations in precious metal prices, urging clients to enhance their risk awareness [2][3]. - The bank advised clients to assess their financial situation and risk tolerance carefully, recommending rational investment strategies and careful position management to mitigate potential losses from price volatility [2][3].

Group 1 - The core viewpoint of the article highlights a significant drop in spot gold prices, which fell over 8% to below $4,470 per ounce, with the Shanghai gold futures contract hitting a limit down of 16% [1] - The sharp fluctuations in precious metal prices are attributed to profit-taking from previous high gains and changes in policy expectations following the nomination of Kevin Walsh as the new Federal Reserve Chairman by Trump [1] - Despite the recent volatility, the long-term trend of global central banks purchasing gold remains unchanged, indicating that the price support for gold is still upward [1] Group 2 - Major state-owned banks in China have adjusted their gold-related business operations and issued risk warnings, with ICBC modifying the processing time and limits for its gold accumulation business [1] - Agricultural Bank of China has raised the margin requirement for gold deferred contracts to 60% and added risk assessment criteria for its gold storage services [1] - Other banks, including Bank of China and China Construction Bank, have also advised investors to pay attention to market fluctuations and manage their positions carefully to avoid impulsive trading [1]

Core Viewpoint - Recent volatility in precious metal prices has prompted major banks, including China Merchants Bank and Postal Savings Bank, to issue risk warnings and adjust their trading policies to protect investors [1][2]. Group 1: China Merchants Bank - China Merchants Bank announced adjustments to its "Zhaocai Gold" business due to increased volatility in domestic and international precious metal prices [1]. - Starting from February 2, 2026, the margin ratio for various gold contracts, including Au(T+D) and Ag(T+D), will be increased from 60% to 70% [1]. - The price fluctuation limit for Ag(T+D) contracts will be adjusted to 25% if a one-sided market occurs; otherwise, it will remain unchanged [1]. Group 2: Postal Savings Bank - Postal Savings Bank issued a warning regarding the significant fluctuations in precious metal prices, urging clients to enhance their risk awareness [2][3]. - The bank advised clients to assess their financial situation and risk tolerance carefully, recommending rational investment and risk management strategies [2][3]. - Clients were encouraged to monitor market changes closely and control their positions to mitigate potential financial losses from price volatility [2][3].

新华社北京2月2日电 国际黄金和白银价格2日大幅下跌，其中黄金期货价格一度回落至每盎司4500美元 下方。 纽约商品交易所黄金期货价格当天一度跌至每盎司4429.2美元，白银期货价格一度跌至每盎司72.35美 元。 国际黄金和白银价格近期刷新历史高点后出现剧烈波动。与1月29日创下的历史最高点相比，2日白银价 格盘中低点的累计跌幅已达40%，金价累计跌幅约20%。 ...

【纠错】 【责任编辑:施歌】 新华社北京2月2日电 国际黄金和白银价格2日大幅下跌，其中黄金期货价格一度回落至每盎司 4500美元下方。 国际黄金和白银价格近期刷新历史高点后出现剧烈波动。与1月29日创下的历史最高点相比，2日白 银价格盘中低点的累计跌幅已达40%，金价累计跌幅约20%。 纽约商品交易所黄金期货价格当天一度跌至每盎司4429.2美元，白银期货价格一度跌至每盎司72.35 美元。 ...