IT之家 11 月 26 日消息，根据国际官方货币与金融机构论坛（OMFIF）于本周三发布的一项调查报告，人工智能（AI）目前尚未成为全球大多数央行运营 的核心组成部分，而数字资产则基本被排除在投资组合之外。 调查由来自欧洲、非洲、拉丁美洲及亚洲的 10 家央行组成的工作组开展，这些央行合计管理资产规模约 6.5 万亿美元（IT之家注：现汇率约合 46.09 万亿元 人民币）。调查发现，迄今为止对人工智能探索最为深入的央行，反而在风险认知上表现出最高程度的审慎。 超过 60% 的受访央行表示，尽管 AI 工具已在科技公司及零售与投行领域引发裁员潮，但其尚未被用于支持央行核心业务运营。报告分析称："目前多数早 期应用主要集中于常规性分析任务，而非风险管理或投资组合构建等关键职能。"相较之下，大多数央行仅将 AI 用于基础性工作，例如数据摘要整理或市 场动态扫描。 此外，调查显示高达 93% 的央行目前未投资任何数字资产。尽管部分机构对"资产代币化"（tokenisation）持积极关注态度，但对比特币等加密货币仍保持 高度谨慎。参与此次调查的工作组成员包括 6 家二十国集团（G20）成员国央行及 2 家七国集团 ...

Core Viewpoint - International gold prices continue to rise, with spot gold surpassing $4,140, reflecting a weekly increase of over 3% [1] Group 1: Gold Price Movements - On November 11, spot gold surged by 2.85%, closing around $4,115, marking the highest closing price since October 23 [3] - COMEX gold futures rose by 2.76%, reaching $4,120.60 per ounce [3] - Domestic gold jewelry prices have increased, with Chow Sang Sang's price rising to ¥1,308 per gram from ¥1,276, an increase of ¥32 per gram [3] - Lao Feng Xiang's gold jewelry price increased to ¥1,310 per gram from ¥1,273, a rise of ¥37 per gram [3] Group 2: Central Bank Gold Reserves - As of the end of October, China's gold reserves reached 74.09 million ounces, an increase of 30,000 ounces from the end of September, marking the 12th consecutive month of gold accumulation [10] - The World Gold Council reported that global central banks accelerated gold purchases in Q3, with a net purchase of 220 tons, a 28% increase from Q2 and a 10% year-on-year increase [10] - In the first three quarters, global central banks' net gold purchases totaled 634 tons, significantly above the average levels prior to 2022 [10] Group 3: Market Sentiment and Future Outlook - Amid deteriorating U.S. fiscal conditions and rising global tensions, central banks are increasingly accumulating gold, enhancing its perception as a safe-haven asset [11] - Analysts suggest that gold prices may maintain high volatility in the short term, but the underlying support for mid-term price increases remains intact due to rising uncertainties and global "de-dollarization" trends [11] - Predictions indicate that gold may continue its upward trend next year, with structural and cyclical opportunities likely to resonate [11]

◎记者 陈佳怡 与韩国央行表露出的增持意愿不同，菲律宾央行则释放了抛售黄金的信号。菲律宾央行货币委员会成员 本杰明·迪奥克诺（Benjamin Diokno）近期在接受采访时表示，鉴于避险需求"退烧"，是时候对央行"过 剩的"黄金持仓获利了结了。目前，黄金约占菲律宾央行国际储备总额的13%，高于亚洲多数国家和地 区。迪奥克诺认为，理想的黄金储备比例应维持在8%至12%区间。 值得一提的是，菲律宾央行当初是以约2000美元/盎司的价格买入黄金的，目前，金价已接近翻倍。 近年来，各国央行大规模购金的行动，成为推动国际金价持续上涨的重要力量。如今，黄金价格仍在 4000美元/盎司关口反复拉锯，而各国央行的购金态度却已悄然分化——韩国央行时隔多年释放增持黄 金储备的信号，菲律宾央行官员则认为应该考虑抛售过量的黄金。 中国人民银行最新公布的数据显示，截至10月末，我国黄金储备为7409万盎司，环比增加3万盎司，已 是连续第12个月增持黄金。 分析人士称，这种"补仓"和"止盈"的鲜明反差，看似对立实则同源：都是基于储备资产动态优化的理性 选择，深层逻辑是全球储备资产多元化的发展趋势。 各国央行购金态度悄然分化 纵观国际金 ...

上个月，柬埔寨国家银行行长曾表示，正在考虑"几个地点"存储国家黄金，但未明确是否包括中国。据 世界黄金协会最新评估，柬埔寨央行持有约54吨黄金，占其260亿美元外汇储备的四分之一。 11月5日，彭博社援引消息称，柬埔寨将成为首批在中国储存黄金的国家之一，并指出这标志着中国推 动自身成为全球黄金中心的努力已取得早期进展。 有消息人士表示，柬埔寨计划将其部分储备存放在位于深圳保税区的金库中。 据透露，中方与柬埔寨的相关协议涉及存储新购黄金，而非转移现有库存。 消息人士还提到，除柬埔寨之外，还有其他几个国家也表达了在中国储备黄金的兴趣，正在权衡从伦敦 等传统中心分散黄金储备的好处。 各国央行负责管理储备资产。柬埔寨国家银行未立即置评。 "黄金强势的本质是美元信用弱化，"央视财经9月份曾指出，专家表示，推进储备资产多元化，已成为 全球央行的大势所趋。为应对美联储释放的降息信号，多国央行可能延续增持黄金的势头。 中国民生银行首席经济学家温彬当时表示，近期，黄金已超越欧元成为全球第二大储备资产。各国央行 加速去美元化以分散风险，黄金价格则持续突破高位。 世界黄金协会《2025年全球央行黄金储备调查》还显示，95%的受访央 ...

【文/观察者网 齐倩】 英格兰银行的地下金库资料图 彭博社称，中国和柬埔寨有着悠久的传统友谊，两国关系素来紧密。据外交部网站数据，2024年，中柬 双边贸易额178.34亿美元、同比增长20.3%。其中，中国对柬出口153.36亿美元、同比增长20.2%，自柬 进口24.98亿美元、同比增长20.7%。 报道还指出，全球各国央行一直在增加黄金储备以应对日益增长的地缘政治风险，推动黄金价格上月创 历史新高。目前，各国持有黄金大多储备在英国、瑞士和美国等传统中心。中国希望加入这一行列，成 为他国黄金的托管方，以建立一个较少依赖美元和西方中心的全球金融体系。 11月5日，彭博社援引消息称，柬埔寨将成为首批在中国储存黄金的国家之一，并指出这标志着中国推 动自身成为全球黄金中心的努力已取得早期进展。 有消息人士表示，柬埔寨计划将其部分储备存放在位于深圳保税区的金库中。 据透露，中方与柬埔寨的相关协议涉及存储新购黄金，而非转移现有库存。 消息人士还提到，除柬埔寨之外，还有其他几个国家也表达了在中国储备黄金的兴趣，正在权衡从伦敦 等传统中心分散黄金储备的好处。 各国央行负责管理储备资产。柬埔寨国家银行未立即置评。 上个月， ...

Core Viewpoint - JPMorgan analysts maintain a bullish stance on gold, predicting an average price of $5,055 per ounce by Q4 2026, based on an assumption of average quarterly investor demand and central bank purchases of 566 tons [1][2]. Group 1: Market Dynamics - The expectation of a Federal Reserve rate cut cycle is seen as a factor that will support gold prices [1][3]. - Concerns about stagflation, the independence of the Federal Reserve, and currency devaluation risks create a favorable environment for gold [1][3]. - Recent price consolidation in gold is viewed as a healthy phenomenon, reflecting market digestion of rapid gains since August [1][5]. Group 2: Long-term Demand Drivers - A trend of "de-dollarization" is prompting some overseas investors to shift from dollar assets to gold, with potential price increases if the allocation to gold rises [2][3]. - Central banks are expected to maintain strong gold purchasing rates, averaging 566 tons quarterly over the next two years [2][3]. Group 3: Institutional Outlook - JPMorgan's price target is among the most optimistic, with other institutions like HSBC, Bank of America, and Goldman Sachs forecasting lower targets for gold prices by the end of 2026 [4]. - The consensus among institutions highlights that rate cut expectations and central bank buying will be key drivers in the next two years [4][5]. Group 4: Price Performance - Gold has risen over 50% this year, and while short-term volatility is expected, it is considered part of a bull market's phase of consolidation [5][6]. - Investor risk appetite, dollar performance, and U.S. bond yield changes are identified as primary variables influencing future gold prices [5][6].

Core Viewpoint - The gold market is experiencing a bullish trend driven by global demand, geopolitical risks, and central bank strategies, with potential for prices to rise significantly by year-end [2][3][4]. Group 1: Market Dynamics - Gold is currently trading around $3,690 per ounce, showing a slight increase of 0.13% [1]. - In India, gold premiums have reached a 10-month high, indicating strong demand despite record prices [2]. - In contrast, China's gold prices are at a five-year discount, highlighting a divergence in market demand [2]. Group 2: Geopolitical Influences - Geopolitical tensions in regions such as Ukraine, Poland, and the Middle East are providing strong support for the gold market [3]. - The ongoing U.S.-China trade tensions may further escalate, adding to market uncertainty and driving gold prices higher [3]. Group 3: Central Bank Actions - Central banks globally are increasing their gold reserves as part of a de-dollarization strategy, contributing to a 43% surge in ETF holdings [2]. - This trend is expected to continue, reinforcing the bullish outlook for gold prices [2]. Group 4: Price Trends and Projections - Recent market movements show a reversal pattern, with gold prices recovering after a dip influenced by interest rate announcements [4]. - The price has risen approximately 200 points since breaking the $3,500 level, with a key resistance level around $3,705 [4]. - If uncertainties persist, gold prices could potentially reach $3,960 or even surpass $4,000 by year-end [3].

推动金价持续上涨的直接因素，包括市场对美联储即将降息的普遍预期，持续的地缘政治紧张局势，投 资者对美联储独立性的担忧，吸引大量资金涌入黄金这一传统避险资产。同时，新兴市场央行积极推动 储备资产多元化，全球各国央行的购金需求持续增长，自2022年以来全球央行购金速度增长近5倍。 自8月29日以来，国际金价开启上行走势，持续攀升，突破持续数的3200至3450美元的盘整区间，接连 刷新3500美元、3600美元历史记录，并连续多日维持在历史高位。今年以来，黄金价格已累计上涨约 40%，超过2024年27%的强劲涨幅。 受国际金价上行影响，国内首饰金价也大幅上涨，16日，主流黄金品牌金饰价格已突破1080元。各品牌 官网信息显示，周生生足金饰品价格为1091元/克，周大福、六福珠宝足金饰品价格为1087元/克，老凤 祥足金饰品价格为1086元/克，均较半月前上涨50元。 多位行业分析师提醒，在经历创纪录的飙升之后，黄金目前处于超买区间，强劲涨势短期内面临回调风 险。不过从长期来看，黄金的牛市根基依然稳固。 已连续多日保持历史高位的国际金价再次大幅飙升。9月16日，伦敦现货黄金价格突破3690美元/盎司关 口，截至发 ...

Core Insights - The People's Bank of China has increased its gold holdings for the 10th consecutive month, continuing its strategy to diversify its dollar-dominated reserve assets [1] - In August, China's gold reserves rose by 60,000 troy ounces to 74.02 million troy ounces, with a total increase of 1.22 million troy ounces since November of the previous year [1] - Gold prices have recently reached new highs, breaking a months-long stability, driven by bets on U.S. interest rate cuts and criticism of the Federal Reserve from the White House [1] - Year-to-date, gold prices have surged over 30%, exceeding $3,500 per ounce, with Goldman Sachs suggesting that any damage to the Federal Reserve's independence could push gold prices close to $5,000 [1] - Globally, while the pace of gold accumulation by central banks has slowed, geopolitical risks are expected to continue supporting official sector demand according to a recent report by the World Gold Council [1]

金十数据5月7日讯，央行连续六个月增持黄金。仲量联行大中华区首席经济学家兼研究部总监庞溟告诉 记者，目前黄金储备在中国储备资产中的占比仍然较低，黄金储备总量与中国经济体量和外汇储备总量 仍不匹配，再考虑到金融安全、储备资产多元化等方面的需求，未来还有继续增持黄金的空间。 （21 财经） 央行连续六个月增持黄金，仲量联行：未来还有继续增持空间 ...