作者： 师橙 市场分析 贵金属市场再度上演"过山车"行情。1月29日，黄金、白银在亚市、欧市交易时段强势走高，现货黄金 一度逼近5600美元/盎司关口，现货白银则连续突破117、118、119、120和121美元/盎司五道关口。纽约 市场交易时段金银价格急转直下，现货黄金直线跳水跌近6%失守5100美元/盎司关口，现货白银则跌超 8%失守107美元/盎司，但随后跌幅双双收窄。美国方面，美国国会参议院在程序性投票中未能推进已 获众议院通过的政府拨款法案，美国联邦政府再次面临部分"停摆"的危机。美国数个联邦部门的运转资 金将于1月30日耗尽。地缘方面，伊朗已于1月29日通过高频无线电向过往船只发布通告，宣布将于2月1 日至2日在霍尔木兹海峡举行军事演习，演习内容包括实弹射击。整体看贵金属避险溢价支撑仍在。 期货行情与成交量： 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 来源：华泰期货 2026-01-29，沪金主力合约开于1189.60元/克，收于1249.12元/克，较前一交易日收盘变动5.30%。当日 成交量为41087手，持仓量为129725手。昨日夜盘沪金主力合约开于1246.00元 ...

Group 1 - The core viewpoint of the article indicates a significant decline in gold stocks, with major companies experiencing substantial drops in their share prices [1] - China Gold International (02099) fell by 8.15% to HKD 115, Tongguan Gold (00340) decreased by 8.04% to HKD 2.06, Lingbao Gold (03330) dropped by 6.95% to HKD 15.4, and Chifeng Jilong Gold Mining (06693) declined by 6.11% to HKD 26.76 [1] - The spot gold price experienced a sharp decline, falling below USD 3520, and is currently reported at USD 3531.89 per ounce, down 0.77% for the day [1] Group 2 - COMEX gold futures are reported at USD 3588.3 per ounce, reflecting a decline of over 1% for the day [1] - Baocun Futures noted an accelerated upward trend in precious metals since last Friday, driven by weakening performance in both domestic and international equity markets, which has increased market demand for safe-haven assets [1] - The current market focus is on the U.S. non-farm payroll data for August, which is expected to have a critical impact on the Federal Reserve's interest rate decisions in September [1]