导语 | 全球黄金定价逻辑重构之际，中企海外资源布局再下一城。中国五矿以超10亿美元收购Equinox Gold巴西金矿资产，既延续了其全球化资源布局战 略，也为国内黄金产业供应链安全增添重要砝码。 加拿大金矿企业Equinox Gold（多伦多证券交易所、纽约证券交易所代码：EQX）近日发布重磅公告，宣布已与中国五矿集团（CMOC Group）达成资产 出售协议，将其位于巴西的全部金矿业务以超10亿美元对价转让。此次交易是2025年以来中企在南美矿产领域的最大规模并购，也是中国五矿响应国家新 一轮找矿突破战略行动、强化海外资源布局的关键举措。 核心资产：年产27万盎司的南美黄金矩阵 剥离巴西资产后，Equinox Gold的业务重心将集中于加拿大瓦伦丁矿（Valentine mine）、绿石矿（Greenstone mine）以及美国加利福尼亚州梅斯基特矿 （Mesquite mine）。其中瓦伦丁矿一个月前刚进入商业生产阶段，全面投产后年产能可达20万盎司；绿石矿今年预计产量22万至26万盎司，已接近巴西资 产总产量水平，三座矿山构成的北美矩阵明年预计合计产出70万至80万盎司黄金。 对中国五矿而言，此次 ...

Core Insights - Recent fluctuations in international financial markets have been driven by unexpected U.S. non-farm employment data, leading to a decrease in gold prices and an increase in oil production by OPEC+, which has pressured oil prices [1][3]. Group 1: Oil and Gold Correlation - The traditional strong positive correlation between oil and gold, previously at 0.92 from 2002 to 2008, has weakened significantly, dropping below 0.2 due to various factors [3]. - The rise of gold as a monetary asset is evident, with central banks increasing gold holdings for 16 consecutive years, purchasing 493 tons in the first half of 2025 [3]. - Energy transition policies are reducing long-term demand for oil, while digital currencies challenge gold's monetary attributes, reshaping the traditional correlation [4]. - The independent price-driving factors for oil and gold have intensified due to fluctuating Federal Reserve interest rate expectations and trade policies [5]. Group 2: Investment Challenges and Solutions - Investors face dual challenges of short-term volatility and compliance risks, exemplified by significant price swings in gold and execution delays on trading platforms [6]. - Gold trading platforms like Jinsheng Precious Metals are addressing these challenges through comprehensive compliance measures and advanced technology [6]. - Jinsheng offers a full compliance guarantee with unique electronic codes for transactions and independent fund storage, audited daily by PwC [7]. - The platform's intelligent risk control system reduces average leverage during volatile periods, helping users minimize risk exposure by 35% [7]. Group 3: Practical Applications and Strategies - Jinsheng's risk management system provides actionable solutions, such as automated alerts for critical price levels during geopolitical tensions [8]. - The platform's "intelligent brake system" has helped users limit average drawdowns to 7.2%, significantly better than the market average of 15.6% during Q2 2025 [9]. - For long-term investors, Jinsheng offers physical gold delivery services, balancing liquidity and risk management [9]. - New investors benefit from a low entry threshold of $10 and access to expert live broadcasts and simulated trading features [9]. Group 4: Market Outlook - The correlation between oil and gold is shifting from a synchronized relationship to independent narratives, with Jinsheng positioning itself as a reliable platform for navigating market volatility [10]. - Bloomberg forecasts suggest that gold prices may exceed $4,000 per ounce by 2026, emphasizing the importance of choosing a robust and innovative trading platform [10].