Core Viewpoint - The precious metals sector has experienced a significant surge, driven by geopolitical risks and favorable macroeconomic conditions, leading to increased demand for safe-haven assets like gold and silver [1][2][3]. Group 1: Market Performance - Precious metals stocks saw substantial gains, with notable increases such as Xiaocheng Technology rising over 13%, Hunan Silver hitting the daily limit, and Sichuan Gold increasing by over 9% [1]. - Spot gold prices broke above $5200 per ounce for the first time since January 30, marking a nearly 2% increase within the day [1]. - The Shanghai Futures Exchange's main silver contract rose by 13%, reaching 22,366 yuan per kilogram [1]. Group 2: Price Forecasts - UBS has raised its gold price target to $6200 per ounce, citing ongoing geopolitical risks and a favorable macro environment as key drivers for rising gold prices [2]. - Goldman Sachs maintains a bullish mid-term outlook on gold, predicting prices will gradually rise to $5400 per ounce by the end of 2026, despite a temporary slowdown in central bank gold purchases [2]. Group 3: Economic and Geopolitical Factors - U.S. economic and employment data have shown positive performance, but concerns about inflation have delayed interest rate cuts by the Federal Reserve [3]. - Geopolitical tensions, including military threats against Iran and ongoing negotiations between the U.S. and Russia, have heightened demand for safe-haven assets [3]. - The uncertainty surrounding U.S. trade policies, particularly following a Supreme Court ruling against certain tariffs, has contributed to market volatility and increased interest in precious metals [3]. Group 4: Market Trends During Holidays - During the Spring Festival, the precious metals market experienced two phases: initial declines due to expectations of delayed interest rate cuts, followed by a recovery driven by geopolitical tensions [4]. - The U.S. military's deployment in the Middle East and disappointing economic data have combined to create a renewed demand for gold and silver, pushing prices higher towards the end of the holiday period [4].

新华财经纽约2月23日电（记者徐静） 纽约商品交易所交投最活跃的4月黄金期货23日上涨117.9美元， 收于每盎司5247.9美元，涨幅为2.30%。 分析认为，美国新的关税政策给市场带来了新的不确定性，推动避险需求走高，拉动黄金和白银价格大 幅上涨。其中黄金创下三周新高，白银创下两周新高。此外，市场继续对美伊紧张局势感到不安，也推 动了对贵金属的买盘需求。 此外，在经济数据方面，当日公布的2025年12月美国工厂订单报告显示，该数据环比下降0.7%，低于 市场预期的环比增长0.2%。报告符合美国货币政策将进一步宽松的预期。报告发布后，美元指数走 弱，进一步推动了金银价格强劲上涨。 在瑞银分析师看来，考虑到美联储的宽松利率路径和整体市场需求的上升，到6月份，每盎司黄金的价 格可能会再上涨1000美元。 当天3月交割的白银期货价格上涨343美分，收于每盎司88美元，涨幅为4.06%。 （文章来源：新华财经） 消息面上，美国总统特朗普21日在社交媒体上发文称，他将立即把全球10%的关税提高到15%。此前， 美国最高法院裁定特朗普动用紧急权力法征收关税的行为违法。特朗普24日在华盛顿向国会发表国情咨 文时将接受议员 ...

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。 来源：市场资讯 值得关注的是，国内黄金消费热度同样高涨。春节期间，国内多家品牌足金饰品报价已升至1500元/克 上方，多地金店出现排队抢购现象。据上观新闻，老铺黄金部分门店不到上午9点便已无号可取，有消 费者反馈排队时长超过8小时。婚嫁刚需是主要推动力之一——结婚五金起步价已迈入10万元大关。此 外，以旧换新业务同比增长超50%，成为拉动黄金消费增长的重要力量。 回顾近期贵金属走势，1月底曾因美联储主席提名等事件出现剧烈波动。东方证券在2月4日研报中指 出："我们认为在美国长期债务问题未得到根本解决前，贵金属长期牛市行情并未终结。"联储证券在2 月3日研报中也表示："金价中长期走强的基础依然坚实，待完成情绪消化后，可重新迎来配置机 遇。"华源证券2月2日研报则认为："保护主义+大国博弈背景下，央行增储将对金价形成强有力底部支 撑，金价上行动能充足。" 2月23日，现货黄金重回5200美元/盎司上方，日内上涨1.92%。 据央视财经，当地时间23日，特朗普政府新一轮关税政策持续发酵，叠加美国此前公布的经济数据引发 对经济 ...

Group 1 - The core viewpoint of the articles highlights the strong performance of the Hong Kong stock market's non-ferrous metal sector, driven by rising prices of precious and industrial metals amid increasing global risk aversion and domestic economic recovery expectations [1][2] - International gold and silver prices are rising, supported by heightened global risk aversion, which has led to increased market attention on companies with gold resources and smelting advantages [1] - The overall non-ferrous metal sector is experiencing a simultaneous increase in volume and price, becoming a standout segment in the cyclical recovery of the Hong Kong market [1] Group 2 - According to a report from Zhongyin Securities, the market is expected to enter a second phase of a bull market by 2026, characterized by profit-driven price increases, with the strong cyclical nature of non-ferrous metals likely to be fully realized [1] - Goldman Sachs predicts that central bank gold purchases and increased allocations by private investors betting on Federal Reserve rate cuts will drive gold prices to $5,400 per ounce by the end of 2026, indicating a clear long-term upward trajectory [2] - The current rally in non-ferrous metals is driven by three main factors: expectations of Federal Reserve rate cuts, central bank gold purchases, and increased demand for safe-haven assets, suggesting sustained upward momentum for the sector [2]

前言： 2.23黄金行情走势分析： 黄金技术面分析：黄金开盘直接跳涨，最高冲击至5171一线，这是在上周先跌后涨之后的新一轮上涨， 而本周开盘的上涨，可以看做是上周懂王加征关税的消息面影响，这也是开盘跳涨的主要影响，那么在 上周尾探底回升，早盘开盘跳涨之后，明显来说趋势就偏向多头了，在技术面没有跌幅迹象的情况下， 延续看涨也是我们操作的主要方向。 很多人的想法在春节期间都不够坚定，认为节前黄金，白银的一波暴跌能改变趋势，可以继续深跌，当 黄金跌至4900，白银跌至75后，晟富就提示大家，不要过错这波抄底北上的机会，这波甚至可以持有到 春节后，静等收获。虽然前两周黄金在无限的震荡，来回波动，但晟富每次跟新博文的时候给了大家明 确看涨的理由和信心，如果你拿到现在，黄金已经上涨到5170，白银已经上涨到87，实现了各自的第一 目标，那么，本周在地缘局势，关税问题，美联储降息等核心不变的问题上，黄金，白银还得上涨出一 个高度。 今天是（正月初七）万事皆可期！这里给大家拜个晚年，预祝所有的朋友马年大吉，平安顺遂，财源广 进！春节假期刚过，国内外贵金属市场呈现出截然不同的景象。简单来说：国际金价、银价正在"高歌 猛进"， ...

当日发布的经济数据也支持贵金属价格。美国商务部公布美国2025年第四季度国内生产总值（GDP）初 值增长1.4%，低于第三季度的4.4%。经济学家此前预测的增幅为2.8%。 标普全球20日公布的数据显示，美国2月综合采购经理人指数（PMI）初值降至52.3，低于1月的53。经 济学家此前预测的数值为52.6。 技术层面，4月黄金期货多头下一个上涨目标是突破5144.5美元强劲阻力价位。空头的下一个短期下跌 目标是跌破4670美元技术支撑价位。 新华财经纽约2月20日电（记者徐静）纽约商品交易所黄金期货市场交投最活跃的2026年4月黄金期价20 日收于每盎司5130美元，涨幅为2.65%，本周累计上涨1.66%。 受避险需求推动，黄金、白银价格当日大幅上涨。 据美国媒体报道，美国军方正在中东部署大量兵力，包括两艘航空母舰、战斗机和加油机。美国总统特 朗普表示，伊朗最多只有10到15天的时间就其核计划达成协议。 美国最高法院20日推翻了特朗普基于《国际紧急经济权力法》（IEEPA）实施的关税政策。虽然这一裁 决消除了市场上一大不确定性因素，但黄金价格在短暂下跌后恢复了稳步上涨的趋势。 3月白银期货多头下一个上涨目 ...

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue to in the future. Here’s what you need to know: Thin holiday liquidity and broad liquidation pressure pushed gold to a weekly low near $4,860 before buyers stepped back in and rebuilt positions. Fed meeting minutes reinforced a split comm ...

2月18日，国内黄金现货价1104元/克，白银18.9元/克，品牌零售价显著高于水贝批发价，周大福等报价1529元/克，国际金价高位震荡，XAU报4959.47美元/ 盎司。 周大福、六福、潮宏基等品牌零售价达1529元/克，周生生与谢瑞麟为1520元/克，老凤祥稍低至1515元/克，老庙黄金报价最高，达1538元/克。 亚一金店的黄金价格为1563.00元/克，铂金价格为860.00元/克。 高赛尔的金条价格为1012.00元/克，银条价格为15.44元/克。 莱音珠宝的黄金价格为1550.00元/克，铂金价格为826.00元/克，金条价格为1550.00元/克。 金大福的黄金价格为1517.00元/克，铂金价格为763.00元/克。 价差源于品牌溢价与运营成本，水贝作为源头市场，价格更贴近国际基准，零售端附加服务价值推高终端售价，金条与3D硬金等品类在水贝统一按1281元/ 克计价，体现批发市场的标准化优势。 二、国际价格承压回落 国际贵金属市场集体下行。XAU现货黄金报4959.47美元/盎司，单日跌0.63%，盘中振幅达77.47美元；XAG白银跌1.44%至75.47美元/盎司；XPT铂金与XPD ...

Group 1 - The core viewpoint of the article highlights the ongoing consumer enthusiasm for gold purchases during the Spring Festival, despite fluctuations in gold prices [1][20]. - Lao Pu Gold announced a price adjustment for its products, set to take effect on February 28, 2026, with the specifics of the adjustment yet to be determined [3][5]. - The company employs a pricing strategy of "fixed price + periodic adjustments," differing from traditional gold stores, and has previously raised prices three times in 2025 [5][9]. Group 2 - Several gold brands, including Chow Sang Sang and Chow Tai Fook, have adjusted their "fixed price" products this year, with some price increases ranging from 15% to 30% [9]. - In Shanghai, gold jewelry sales have been robust during the Spring Festival, with long queues observed at stores, particularly from tourists [18][20]. - Beijing's Cai Bai Hall, known as "China's first gold store," reported a surge in sales of large gold bars, with 1000-gram investment bars selling out [20][22]. Group 3 - As of February 18, gold prices showed a slight increase, with spot gold at approximately $4914.64 per ounce, reflecting a 0.78% rise [22]. - Market expectations suggest that the Federal Reserve may begin to lower interest rates in June, influencing gold and silver prices positively [21][24]. - Analysts note that while gold is considered a safe-haven asset, it is still subject to price volatility, particularly in light of changing Federal Reserve policies [24].

2月19日 现货黄金再次站上 5000美元/盎司 日内涨0.48% 尽管如此 恰逢春节期间 老铺黄金 又要调价了！ 2月18日，老铺黄金发布调价通知，将于2026年2月28日进行产品价格调整。产品调价详情，以线上线下产品实际标价为准。 消费者购金热情不减 与传统金店"大盘金价+工费"的计价模式不同，老铺黄金采用的是"一口价+定期调价"的策略，大约每年进行两次到三次的调价。2025年，老铺黄金曾于2 月、8月、10月三次上调售价。此次调价将是2026年的首次调价。 按照此前惯例，每次调价前，老铺黄金相关门店都会出现"排大队"的场景。目前，在社交平台上，已有多名网友晒出在老铺黄金门口排队的情况。 值得一提的是，今年以来已有多家黄金品牌对旗下"一口价"产品进行调价，包括周生生、潮宏基、周大福等，部分品牌调价幅度在15%—30%。其中，高 端黄金饰品的价格变动幅度较为突出，多款古法金、珐琅、钻石镶嵌类产品价格出现明显上调。 上海：金饰店春节销售火爆 外地游客专门来选购 2026年2月18日大年初二一早，新天地一金饰店门口排起了长队，不少是游客。 解放日报 孟雨涵 摄 早上10点，金店刚刚开门，门口就排起了长队。 解放 ...