2026年伊始，全球金融市场见证了一项历史性纪录的诞生，现货黄金首次突破5100美元/盎司！ 值得注意的是，过去一周，美元迎来2025年6月以来表现最差的一周，美元指数大跌近2%；黄金则斩 获近6年最佳单周表现，涨幅达8.4%，白银涨幅更是达到14.4%。此前美元指数在2025年已大跌 9.5%，创下2017年以来最大年度跌幅，目前仍无止跌迹象。 格陵兰岛危机引发欧洲市场对美国资产的政治风险担忧，进而推动美元指数大幅下跌。据德国媒体近 日报道，有德国议员呼吁联邦政府撤回存放于美国的黄金储备。该议员表示，当前全球不确定性加 剧、美国政策难以预测，德国将约37%的黄金储备存放在纽约的做法，已不再具备合理性。 数十年来，德国在美国纽约市曼哈顿地区的美国联邦储备银行保险库内存了1200多吨黄金储备，按照 当前价格总值上千亿欧元。目前，德国所持黄金中，约一半存在本国金融中心法兰克福的金库，另有 13%存在英国伦敦。 回顾历史，1967年法国中央银行决定，把自己手里的英镑和美元全部兑换成黄金，以抵制美国大肆发 行美元，法国的行为引起欧洲许多国家的仿效，引发了美元危机。4年后的1971年8月，美国总统尼克 松宣布停止承担美 ...

Core Viewpoint - The article highlights a significant milestone in the financial market with spot gold prices surpassing $5000 per ounce for the first time, reaching a peak of $5031 per ounce, driven by geopolitical uncertainties and a declining US dollar [2][4]. Group 1: Gold and Silver Market Performance - Spot gold has reached $5028.25 per ounce with a daily increase of 0.8%, while spot silver has also hit a new high at $104.76 per ounce, showing a rise of over 1% [2]. - In the past week, the US dollar index experienced its worst performance since June 2025, dropping nearly 2%, while gold recorded its best weekly performance in nearly six years with an increase of 8.4%, and silver surged by 14.4% [3][4]. Group 2: Geopolitical and Economic Factors - The decline of the US dollar is attributed to rising political risk concerns regarding American assets, particularly following the Greenland crisis, prompting discussions in Germany about repatriating gold reserves stored in the US [4][5]. - European institutional investors are increasingly wary of US assets, leading to a "passive de-risking" process, with significant capital movements away from the US market [5]. Group 3: Future Outlook for Gold Prices - Goldman Sachs has raised its year-end gold price target from $4900 to $5400 per ounce, citing increasing demand from private investors and central banks [6]. - Analysts predict that gold prices may rise further in 2026 due to expectations of Federal Reserve rate cuts, instability in the US dollar, and ongoing geopolitical uncertainties [6][7]. - UBS maintains a $5000 per ounce annual target for gold, suggesting that prices could reach $5400 if geopolitical conflicts escalate [8].