【导读】创业板指涨超2%；海南自贸港板块狂掀涨停潮，光模块、光通信方向走强；现货黄金再创历史新高 大家好！一起来关注最新的市场行情和资讯~ 12月22日，A股三大指数集体高开：上证指数涨0.26%，深证成指涨0.65%，创业板指涨1.01%。开盘后，市场震荡走强，A股 主要指数集体飘红，创业板指涨超2%。 | 全A | 平 250 涨 3444 | 跌 1762 | A股成交额 | | | --- | --- | --- | --- | --- | | 序号 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | 1 | 881001 万得全A | 6317.65 | 60.05 | 0.96% | | വ | 000001 上证指数 | 3916.57 | 26.12 | 0.67% | | 3 | 399001 深证成指 | 13316.67 176.46 | | 1.34% | | 4 | 899050 北证50 | 1449.76 | 3.92 | 0.27% | | ട | 000680 科创综指 | 1592.50 | 21.29 | 1.35% | | 6 | 399006 创业板指 | 318 ...

金价急刹车，高位狂欢之后，市场正在重新审视黄金 黄金市场在12月下旬迎来明显降温，前一日还在刷新历史高点的金价，很快掉头向下，国际金价跌破4300美元关口，国内金店和回收市场同步调整，也让市 场情绪发生了明显转折。 国际现货黄金价格回落至4289.7美元/盎司，就在几天前，它刚刚站上4342美元的历史新高，短时间内超过50美元的下跌，终结了持续多日的强势上涨，国 内终端价格随之松动，主流品牌足金饰品价格从每克920元左右回落至905元附近。 回收端的反应更为直接，足金饰品回收价降至952元/克，18K金约690元/克，铂金和钯金回收价格分别在376元和321元左右，价格回落虽不算剧烈，足以显 示市场对短期走势的态度正在转变。 盘面数据同样印证了这一点，国内贵金属实时交易中，黄金回购价维持在963元左右，日内波动区间明显收窄；白银、铂金、钯金均呈现高位震荡特征，方 向暂不明朗，市场从"单边看涨"转入谨慎博弈阶段。 市场并非只会单向运行，当前，几个变化正在叠加出现，美联储近期释放出更谨慎的政策信号，市场对未来降息节奏的预期开始降温；技术层面上，金价创 新高动能指标走弱，接近关键趋势支撑位，地缘风险阶段性缓和，多头 ...

每经AI快讯，港股黄金股涨幅居前。截至发稿，灵宝黄金(03330.HK)涨6.71%，报18.92港元；中国黄金 国际(02099.HK)涨6.2%，报161港元；中国白银集团（00815)涨5.8%，报0.73港元；招金矿业(01818.HK) 涨4.93%，报31.94港元。 （文章来源：每日经济新闻） ...

Group 1 - The core viewpoint of the news is that the spot gold price has surged, breaking its previous record and achieving a year-to-date increase of over 65% due to multiple factors including central bank purchases, geopolitical risks, and market re-evaluations of the Federal Reserve's interest rate cycle [1] Group 2 - The spot gold price reached a new high of $4,381.484, surpassing the previous record set on October 20 [1] - The China Securities Index for gold industry stocks (931238) rose by 3.40%, with significant increases in individual stocks such as Silver and Nonferrous (up 9.85%) and China National Gold (up 7.12%) [1] - The gold stock ETF fund (159322) increased by 3.35%, with a latest price of 1.67 yuan [1] Group 3 - The gold stock ETF fund experienced a turnover of 6.5% and a transaction volume of 6.8171 million yuan [2] - The fund's scale grew by 520.98 million yuan over the past two weeks [2] - The index reflects the performance of 50 large-cap companies involved in gold mining, refining, and sales, with the top ten stocks accounting for 68.26% of the index [2] Group 4 - The top ten weighted stocks in the gold industry index include Zijin Mining, Shandong Gold, and Zhongjin Gold, with Zijin Mining holding the highest weight at 13.06% [3]

Group 1 - Hong Kong gold stocks experienced a strong rebound, with Lingbao Gold (03330.HK) rising over 7% [1] - China Gold International (02099.HK) saw an increase of more than 6% [1] - Other stocks such as Zhaojin Mining (01818.HK), Shandong Gold (01787.HK), and Chifeng Jilong Gold Mining (06693.HK) also followed the upward trend [1]

Core Viewpoint - Precious metals have experienced significant price increases, with gold, silver, platinum, and palladium reaching historical highs, driven by geopolitical tensions and central bank purchasing behavior [1][5]. Price Movements - As of December 22, gold prices exceeded $4,380 per ounce, marking a daily increase of over 1% and a year-to-date increase of 67.03% [1][2]. - Silver prices surpassed $68 per ounce, with a daily increase of over 2% and a year-to-date increase of approximately 137.03% [1][2]. - Platinum prices rose over 3% to $2,002.3 per ounce, achieving a year-to-date increase of over 120% [1][2]. - Palladium futures reached a new high, with a daily increase of 7% [1]. Stock Market Reactions - The A-share precious metals index rose by 3%, with notable increases in stocks such as Hunan Silver (+6%) and Shengda Resources (+6%) [2][4]. - Hong Kong-listed gold and silver stocks also saw significant gains, with Lingbao Gold rising over 7% and China Gold International increasing by over 6% [3]. Geopolitical Influences - Geopolitical tensions, particularly the U.S. sanctions on Venezuela and Ukraine's military actions against Russia, have heightened the appeal of precious metals as safe-haven assets [4][5]. Central Bank Behavior - Continuous gold purchases by global central banks are identified as a key factor disrupting traditional supply-demand balances, with expectations of a shift to looser monetary policy by the Federal Reserve further benefiting gold prices [5].

每经AI快讯，12月22日，现货黄金再创历史新高，港股黄金股震荡走强，灵宝黄金、中国黄金国际涨 超7%，山东黄金、赤峰黄金涨近5%。 ...

其次，虽然上周公布的一系列经济数据并未提供更多经济前景的明朗信息，但美国总统特朗普一直主张大幅降息，交易员们押注美联储将在2026 年两次降息。宽松的货币政策对不支付利息的黄金和白银有利。 智通财经APP获悉，受地缘政治紧张局势加剧以及市场预期美联储明年将进一步降息的影响，白银价格继续创下历史新高，黄金价格也随之走 高。周一，截至发稿，现货白银价格上涨1.84%，至68.3995美元/盎司。现货黄金价格上涨至接近4383美元/盎司，突破10月份创下的4381美元以上 的历史高位，此前两周价格持续走高。 地缘政治紧张局势也增强了贵金属的避险吸引力。美国加大了对委内瑞拉的石油封锁力度，进一步施压委内瑞拉总统尼古拉斯·马杜罗的政府;与此 同时，乌克兰首次在地中海袭击了一艘隶属于俄罗斯影子舰队的油轮。 贵金属正迎来历史性的一年，黄金和白银均有望创下自 1979 年以来最大的年度涨幅。白银价格已翻了一番多，黄金价格也飙升了约三分之二，这 主要得益于各大央行增加购买以及资金流入贵金属交易所交易基金。 受投机性资金流入和10月份历史性轧空后持续的供应紧张局面提振，白银价格持续走强。本月初，上海白银期货总成交量飙升至接近几个 ...

Investment Rating - The report maintains a "Positive" investment rating for the non-ferrous and steel industry [5]. Core Insights - The phenomenon of gold, copper, aluminum, and iron equities lagging behind commodity prices is expected to change, with market expectations for mid-term price increases strengthening as commodity prices reach new highs [7][11]. - The gold sector is anticipated to benefit from rising commodity prices and inflation expectations due to a decline in non-farm employment, which has increased the likelihood of interest rate cuts [7][11]. - The copper sector is viewed positively due to the demand for traditional power grid upgrades, which is expected to support copper consumption and create a supply-demand imbalance favoring copper prices [12]. - The aluminum sector is expected to see price increases following the closure of the Mozal aluminum plant and the high copper-aluminum price ratio, which is likely to drive demand for aluminum as a substitute for copper [13]. - The steel sector is poised to benefit from the introduction of export license management for certain steel products, which may encourage a shift towards higher value-added product exports [14]. Summary by Sections Steel Market Overview - Supply and demand fundamentals are weak in the off-season, but steel profitability is showing signs of recovery [15]. - Iron output has slightly decreased, while steel demand has shown marginal improvement, with rebar consumption increasing by 2.73% week-on-week [20]. - Overall steel prices have seen a slight increase, with the rebar price rising to 3345 CNY/ton, reflecting a week-on-week increase of 0.87% [33]. New Energy Metals - Lithium carbonate production in November 2025 saw a significant year-on-year increase of 84.78%, indicating strong supply growth in the new energy sector [37]. - The demand for new energy vehicles remains robust, with production and sales of new energy passenger cars in October 2025 showing year-on-year growth of 19.94% and 18.65%, respectively [41]. Price Trends - The report notes a general increase in metal prices, with lithium and cobalt prices rising significantly, while nickel prices have shown mixed trends [46].

Group 1 - Gold stocks are experiencing significant gains, with Lingbao Gold rising by 6.71% to HKD 18.92, China Gold International up by 6.2% to HKD 161, China Silver Group increasing by 5.8% to HKD 0.73, and Zhaojin Mining up by 4.93% to HKD 31.94 [1] - On December 22, spot gold prices surged over 1%, surpassing USD 4,382 per ounce, setting a new historical high [1] - Goldman Sachs believes that emerging market central banks will continue to buy gold to diversify reserve risks amid geopolitical tensions and the "AI and national power competition," creating a structural demand for gold [1] Group 2 - CITIC Construction released a report indicating that the VIX for silver is at a historical high, warning of potential correction risks after overbought conditions [1] - GF Futures noted in their latest precious metals weekly report that the recent significant rise in silver has caused the gold-silver ratio to drop to a new four-year low [1]