银价在周一触及每盎司80美元上方的纪录高位后回落，金价则从接近历史高位回落，因投资者获利了 结，且市场对地缘政治风险降低的看法抑制了避险买盘。ActivTrades分析师Ricardo Evangelista表 示，"今日早盘金价继触及纪录高位后下跌，主要归因于交易商在年底前了结获利。美国政府对乌克兰 和平谈判取得进展的初步乐观态度也代表了一股温和的逆风。"市场目前正在关注定于周二公布的美联 储12月会议纪要，以寻找有关利率前景的线索。瑞银分析师在一份报告中称，"金价溢价较高，若美联 储突然转向鹰派立场和/或大型ETF出现大规模资金流出影响市场，则可能引发下行风险。" 来源：滚动播报 ...

Market Pricing Status - The market trading heat has slightly declined, with a decrease in the intensity of capital inflow from Guotai Haitong, and the average daily trading volume of the entire A-share market has decreased from 1.5 trillion to 1.4 trillion yuan [4][7] - The proportion of stocks that increased in value has dropped to 53.34%, and the median weekly return for A-share stocks has decreased to 0.3% [4][9] - The trading concentration has decreased, with only three industries maintaining a turnover rate above the historical 90th percentile, down from seven [4][20] A-share Liquidity Tracking - Foreign capital has turned to inflow, while ETF funds have seen an increase in outflow [21][27] - The net inflow of foreign capital into A-shares was 2.9 million USD as of July 4, with the northbound trading proportion dropping to 10.5% [4][41] - The net buy of financing funds was 189 billion yuan, with the total margin balance rising to 1.9 trillion yuan [4][27] A-share Industry Allocation - There is a significant divergence in funding within the electric power equipment industry, with foreign capital flowing out while financing funds flowed in [4][19] - The top net inflows from financing funds were in electric power equipment (+29.7 billion yuan) and non-ferrous metals (+24.3 billion yuan), while oil and petrochemicals (-3.0 billion yuan) and construction decoration (-0.8 billion yuan) saw net outflows [4][19] - The ETF inflows were concentrated in non-bank financials (+7.7 billion yuan) and electronics (+5.3 billion yuan), while the pharmaceutical and banking sectors saw significant outflows [4][19] Hong Kong and Global Fund Flow - The net inflow of southbound funds has decreased to 169.3 billion yuan, which is at the 95th percentile since 2022 [4][19] - Global foreign capital has returned to the US and Chinese markets, with the US seeing a net inflow of 1.8 billion USD and China 1.04 billion USD [4][19]