● 本报记者 马爽 8月下旬以来，国际金价加速上涨，并不断刷新历史新高。10月8日盘中，伦敦现货黄金价格历史上首次 升破4000美元/盎司关口，纽约商品交易所（COMEX）黄金期货价格一度涨破4060美元/盎司。与此同 时，港股黄金股也表现亮眼，多只个股延续涨势并创下历史新高。 业内人士表示，美国政府债务问题以及去美元化交易的中长期逻辑仍在，决定了黄金的牛市格局，且美 联储独立性问题长期来看仍有发酵空间，有望继续推动金价攀升。不过，考虑到近期金价上涨对利多的 定价已较为充分，四季度或维持高位震荡。 现货黄金价格首次升破4000美元 近期，国际金价延续升势。Wind数据显示，截至北京时间10月8日17:00，伦敦现货黄金、COMEX黄金 期货价格均涨超1%，两者盘中最高分别至4040.49美元/盎司、4063.4美元/盎司，其中伦敦现货黄金价格 为历史上首次升破4000美元/盎司关口。 金价迭创新高之际，相关概念股也表现亮眼。在A股休市期间，近期多只港股黄金股延续涨势并创下新 高。Wind数据显示，截至10月8日收盘，赤峰黄金涨超13%，山东黄金涨超7%，灵宝黄金涨3%，潼关 黄金涨超2%。其中，赤峰黄金、山东 ...

据悉，多家黄金珠宝品牌当日公布的境内足金首饰价格也水涨船高，最高已攀升至1130元/克。 具体而言，10月1日，周生生足金首饰境内价格为1130元/克，单克较两日前（9月29日）上涨19元；周 大福足金（首饰、摆件类）、六福珠宝足金999/足金、谢瑞麟足金饰品、潮宏基足金（首饰摆件）境内 价格为1129元/克，单克较两日前上涨21元；老庙黄金上海区域足金饰品价格为1125元/克，单克较两日 前上涨17元。 另据媒体报道，10月1日，记者走访深圳水贝市场发现，金饰金价已经达到每克888元。与此对比的是， 9月初水贝市场的金饰克价在796元左右。在价格攀升的同时，现场的人气稍显不足，但商家们表示，假 期刚刚开始，预计假期中间时段的人气最高。 "我们也没想到金价越涨越高。"一位水贝市场金饰柜台的负责人表示，"留深和来深过节的人越来越 多，最近几天来买黄金的顾客就有不少是来深旅游的外地游客，我们也想抓住这波金价小高潮，多做点 生意。" 北京时间10月1日，金价再创新高。Wind数据显示，截至发稿，伦敦现货黄金盘中最高价突破3895.28美 元/盎司，截至发稿报3889.28美元/盎司。 不过，也有商家表示，与品牌金饰 ...

Core Viewpoint - The European Central Bank (ECB) is currently in a wait-and-see mode, assessing the impact of the Trump administration's tariffs on economic growth and inflation [1] Group 1: Monetary Policy - The ECB has maintained its main deposit rate at 2% for the second consecutive meeting [1] - Since June 2024, the ECB has implemented eight rate cuts, contrasting sharply with the Federal Reserve's approach [1] Group 2: Political Influence - Recent reluctance from the Federal Reserve to cut rates has drawn criticism from President Trump, which may threaten the independence of the Federal Reserve [1]

| 11/11/2 | > 国技期货 | 责金属日报 | | --- | --- | --- | | | 操作评级 | 2025年08月06日 | | 黄金 | ☆☆☆ | 刘冬博 高级分析师 | | 白银 | ☆☆☆ | F3062795 Z0015311 | | | | 吴江 高级分析师 | | | | F3085524 Z0016394 | | | | 010-58747784 gtaxinstitute@essence.com.cn | 【星级说明】红色星级代表预判趋势性上涨,绿色星级代表预判趋势性下跌 ★☆☆ 一颗星代表偏多/空,判断趋势有上涨/下跌的驱动,但盘面可操作性不强 ★★☆ 两颗星代表持多/空,不仅判断较为明晰的上涨/下跌趋势,且行情正在盘面发酵 ★★★ 三颗星代表更加明晰的多/空趋势,且当前仍具备相对恰当的投资机会 隔夜美国公布7月非制造业PMI从50.8下滑至50.1低于预期的51.5。美联储独立性问题、美国经济前景担忧以 及降息预期升温令美元维持偏弱趋势,国际金价再度测试近三个月以来运行区间高位阻力。美国经济的不断 验证可能令市场情绪存在反复,贵金属震荡趋势中维持回调买入思路。 ★关 ...

Report Industry Investment Rating - The rating for the US dollar is "oscillating" [5] Core Viewpoints of the Report - Market risk appetite has cooled, with most stock markets rising, bond yields mostly increasing, and the US dollar index strengthening. The upcoming US tariffs and the Fed's independence issues are causing market uncertainty and potential volatility [1][2] - The US is imposing high reciprocal tariffs on multiple countries, aiming to pressure trade partners into reaching agreements. The US dollar may remain strong in the short - term, but faces downward pressure in the medium - term, and market risk aversion is expected to rise [35][36] Summary by Relevant Catalogs 1. Global Market Overview This Week - Market risk appetite cooled. Most stock markets rose, bond yields mostly increased, with the US Treasury yield reaching 4.41%. The US dollar index rose 0.69% to 97.8, and most non - US currencies depreciated. Gold prices rose 0.6% to $3355 per ounce, the VIX index dropped to 16.4, and the spot commodity index rose, with Brent crude oil up 2.4% to $72.4 per barrel [1][8] 2. Market Trading Logic and Asset Performance 2.1 Stock Market - Global stock markets mostly rose, with US stocks falling and A - shares rising. The S&P 500 dropped 0.31%, while the Shanghai Composite Index rose 1.09%. The upcoming US tariffs and the Fed's independence issues may cause the stock market to face downward pressure and adjustment risks [9][10] 2.2 Bond Market - Global bond yields mostly increased, with the 10 - year US Treasury yield rising to 4.41%. Eurozone government bonds mostly increased, and emerging - market bond yields mostly rebounded. The US bond supply pressure is not fully reflected, but inflation pressure is increasing, and bond yields are expected to continue rising [13][16][19] 2.3 Foreign Exchange Market - The US dollar index rose 0.69% to 97.8, and most non - US currencies depreciated. The offshore RMB fell 0.12%, the euro dropped 0.77%, the pound fell 1.16%, the yen declined 2.05%, and the Swiss franc dropped 0.33%. The Brazilian real and the South African rand fell more than 2%, and the South Korean won, New Zealand dollar, Canadian dollar, etc. also declined [25][28] 2.4 Commodity Market - Spot gold rose 0.6% to $3355 per ounce. The upcoming US tariffs increased market risk aversion, and gold prices are expected to remain high with potential increased volatility. Brent crude oil rose 2.4% to $72.4 per barrel. The crude oil supply - demand pattern is weak, but the US tariff on copper imports caused Comex copper to strengthen, and the commodity spot index rose [29][32] 3. Hotspot Tracking - The US reciprocal tariffs are back, and market volatility has intensified. The US is imposing high tariffs on multiple countries, and the trade negotiation progress is slow. The US dollar may be strong in the short - term, and market risk aversion is expected to rise [33][35][36] 4. Next Week's Important Events - China's June foreign trade and financial data, the second - quarter GDP, the US June CPI, PPI, retail sales, the Fed's Beige Book, Japan's June CPI, and the US July University of Michigan consumer confidence index and inflation expectations will be released [37]