Gold (GC=F) futures opened at $3,913.50 per ounce on Monday, up 0.8% from Friday’s close of $3,880.80. This is gold’s first open above $3,900. Gold’s record-high pricing coincides with strength in stocks and Bitcoin (BTC=F). On Friday, the S&P 500 (ES=F) and the Dow Jones Industrial Average (^DJI) set new highs. Bitcoin eclipsed $125,000 for the first time Sunday. Across asset classes, investors seem undeterred by the U.S. government shutdown and the lack of data available from the Bureau of Labor Statist ...

AI播客：换个方式听新闻 下载mp3 黄金ETF持仓走高 音频由扣子空间生成 根据高盛9月30日发布在官网的文章，该行研究部重申金价到2026年中期将达到每盎司4000美元的预测。这一预测的支撑来自核心买家群体的新增需求—— 正是这些买家推动黄金价格屡创历史新高。2025年以来，黄金价格已上涨近48%，有望连续第三年录得两位数涨幅。 高盛金价预测的具体内容 第二类是"投机型买家"，例如新兴市场的家庭投资者，他们会在认为"价格合适"时才入场。在金价下跌时，他们可能为价格提供支撑；而在金价上涨时，他 们则可能成为上涨阻力。 金价为何持续上涨？ 高盛研究部对各国央行黄金交易活动的实时预测显示，7月各国央行的购金量低于今年月均水平。今年以来，各国央行月均购金64吨，低于高盛研究部此前 预测的月均80吨。 托马斯解释道："这符合季节性规律——央行购金通常在夏季放缓，从9月开始重新加速。" 她补充称："但这种季节性规律，反而支撑了我们对央行购金趋势的原有判断（即长期向上）。" 自2022年俄乌冲突爆发导致俄罗斯外汇储备被冻结以来，各国央行（尤其是新兴市场央行）的购金节奏已加快约5倍。托马斯在报告中写道："我们认为，这 是 ...

Group 1: Industry Overview - The non-ferrous metal industry is stabilizing in prices due to rising expectations of interest rate cuts by the Federal Reserve and a recovery in industrial demand during the peak season [1] - Precious metals and industrial metals prices have generally strengthened, with COMEX gold and silver rising by 1.05% and 2.26% respectively, while LME aluminum and copper prices have also seen slight increases [1] - Companies are enhancing their competitiveness through capacity expansion and strategic positioning, with a particular focus on Shengda Resources and Zijin Mining [1] Group 2: Shengda Resources - Shengda Resources reported a 44.24% year-on-year increase in revenue from its non-ferrous metal mining and selection business, reaching 640 million yuan [2] - The company's core mines exhibit high profitability, with a gross margin of 62.64%, showcasing both resource endowment and operational advantages [2] - Shengda has identified approximately 12,000 tons of silver and 34 tons of gold through its seven controlled mining subsidiaries, with ongoing efforts to integrate mining rights at its main mine [2] - The company is progressing with its capacity expansion plans, with new mines expected to gradually release production capacity, supported by the rising metal prices [2] Group 3: Zijin Mining - Zijin Mining has established Fujian Zijin Precious Metals Co., Ltd. with a registered capital of 5 billion yuan, extending its business into precious metal smelting and resource extraction [3] - This move aims to enhance the company's industrial chain and synergize with its existing copper and gold operations, improving comprehensive resource development capabilities [3] - Recent large transactions indicate institutional investors' recognition of Zijin Mining's long-term value, with a total of 43 large transactions amounting to 727 million yuan in the past three months [3] - The strategic actions and capital movements of Zijin Mining are positioned to capitalize on the favorable industry cycle, supported by macroeconomic policies and demand recovery [3]