智通财经7月10日电，伦敦金属交易所(LME)数据显示，铅库存减少2725吨，镍库存增加1176吨，锡库 存减少45吨，铝库存增加4925吨，锌库存减少1100吨，铜库存增加975吨。 ...

周一(7月7日)，白银交易价格大幅下跌，从早盘一度触及的37.20美元(略低于6月18日创下的13年高点37.29美元)回落。随着整体贵金属市场面临美 元走强和美联储政策担忧的阻力，白银正测试关键支撑位。 白银目前正测试36.30美元的短期枢轴位，分析师警告，若该水平失守，可能引发价格暴跌至35.40-34.87美元的主要支撑区间。从近13年高点回落 的走势表明，与黄金的下跌类似，市场正面临获利了结压力，因投资者在特朗普关税截止前和美联储政策明朗化前重新评估贵金属持仓。 1. 合规保障与透明交易 白银的工业属性在这一轮行情中尤为突出。国际能源署《2025 年全球光伏市场纵览》报告显示，2024 年全球光伏新增装机量突破 600 吉瓦，而白 银在光伏电池中占比超过 10%，是制造银浆的关键原材料。新能源汽车产业同样贡献显著，混动汽车与纯电汽车的单位白银用量较传统汽车分别 提升了 21% 和 71%，随着市场渗透率提高，需求将持续扩张。东兴证券研报指出，2025-2027 年间全球白银供需缺口或由 6003 吨逐渐放大至 7248 吨，工业用银消耗量将作为核心动力持续增长。 美联储政策与地缘风险交织，波动中暗藏机 ...

上海黄金交易所黄金T+D 7月10日（周四）收盘上涨0.67%报769.21元/克； 上海黄金交易所白银T+D 7月10日（周四）收盘上涨0.36%报8900.0元/千克。 黄金延期 白银延期 ...

上海黄金交易所黄金T+D 7月10日（周四）早盘盘初上涨0.46%报767.61元/克； 上海黄金交易所白银T+D 7月10日（周四）早盘盘初下跌0.16%报8854.0元/千克。 黄金延期 白银延期 ...

上海黄金交易所黄金T+D 7月9日（周三）晚盘收盘上涨0.31%报766.42元/克； 上海黄金交易所白银T+D 7月9日（周三）晚盘收盘下跌0.32%报8840.0元/千克。 黄金延期 白银延期 ...

Core Insights - The global silver market is experiencing a historic breakthrough, with spot silver prices stabilizing above $36, nearing a 13-year high, and rising for six consecutive trading days [1] - The World Bank's latest report predicts a 17% increase in silver prices by 2025, driven by both industrial and financial attributes [1] Group 1: Supply and Demand Dynamics - The supply-demand gap for silver is widening due to stagnant growth in global silver mining and a high by-product silver ratio of 70%, compounded by rising ESG costs and frequent strikes in major producing countries [3] - COMEX inventory saw a reduction of 2.46 tons on June 24, while ETF holdings increased by 127.21 tons, indicating institutional recognition of silver's long-term value [3] - Demand is structurally surging, with silver usage in photovoltaic applications expected to grow at an annual rate of 5.7%, reaching 7,560 tons by 2025, accounting for 34% of industrial demand [3] - In the electric vehicle sector, silver usage per vehicle is projected to increase by 71% to 35 grams, leading to an additional demand of 1,400 tons from an annual production of 40 million vehicles [3] Group 2: Financial Attributes and Market Trends - The current gold-silver ratio stands at 91:1, significantly deviating from the historical average of 40-70:1, which has historically led to substantial price increases for silver during previous corrections [4] - The anticipated onset of a Federal Reserve rate-cutting cycle is expected to enhance silver's holding value, with a greater than 70% probability of rate cuts by Q3 2025 [4] - Recent data shows an increase in silver options volatility, with the SVXY index rising from 35 to 48, reflecting heightened market expectations for price fluctuations [4] Group 3: Trading Platform Innovations - The company has developed a three-tiered protective system to address common industry pain points such as data fraud and slow withdrawals [5] - The trading platform offers a fully transparent trading chain, with unique transaction codes for verification and compliance with FCA transparency requirements [5] - An intelligent risk control system dynamically adjusts leverage based on market volatility, effectively managing risk during market downturns [5] - The platform's cost optimization mechanism features lower spreads and an instant rebate system, allowing high-frequency traders to save significant costs [5] Group 4: Investment Strategies - Short-term strategies focus on opportunities arising from the Fed's anticipated rate cuts, with bullish signals identified when silver prices exceed $34.5 per ounce [6][7] - Long-term strategies recommend increasing silver allocation in core asset portfolios to 10%-15%, leveraging the platform's dynamic leverage adjustments and rapid withdrawal features to manage extreme market conditions [6][7] - The strategic opportunity in the silver market is characterized by industrial demand and financial recovery, positioning the company as a reliable partner for investors navigating market cycles [6][7]

1. 货币属性崛起：全球央行连续 16 年增持黄金，2025 年上半年购金量达 493 吨，黄金正从避险资产向 "新货币锚" 转型。 2. 能源转型冲击：全球减碳政策削弱原油长期需求，而数字货币对黄金货币属性的挑战，正在重塑传统关联逻辑。 3. 政策博弈加剧：美联储降息预期反复与特朗普关税政策扰动，使原油与黄金的价格驱动因素更趋独立。 二、波动市场下的投资痛点与破局之道 近期国际金融市场再现戏剧性波动。据中财网 7 月 4 日报道，美国 6 月非农就业数据超预期，引发美联储降息预期降温，纽约黄金期货价格当日 下跌 0.71% 至 3336 美元 / 盎司。与此同时，OPEC + 宣布 8 月将原油产量再增 41.1 万桶 / 日，布伦特原油期货价格同步承压回落至 68.85 美元 / 桶。这种 "双杀" 行情背后，折射出原油与黄金在经济复苏周期中的复杂博弈。 一、原油黄金关联性的底层逻辑重构 传统认知中，原油与黄金因同属美元计价资产且受通胀驱动，呈现较强正相关性。例如 2002-2008 年两者相关系数高达 0.92，新兴市场需求激增 与地缘冲突成为共同推手。但 2025 年市场出现新特征：尽管 OPEC + ...

上海黄金交易所黄金T+D 7月9日（周三）晚盘盘初下跌0.38%报761.13元/克； 上海黄金交易所白银T+D 7月9日（周三）晚盘盘初下跌0.3%报8841.0元/千克。 黄金延期 白银延期 ...

Core Viewpoint - The article discusses the rising interest in gold investment amid global economic downturns, highlighting the importance of selecting reputable trading platforms in Hong Kong for gold trading [1]. Company Summaries - **Jinrong China**: Established in 2010, Jinrong China is a member of the Hong Kong Gold Exchange with AA class license number 84. The company has built a strong reputation for integrity and professional service, achieving a trading volume exceeding 200 billion [3]. - **Wanzhou Gold**: Founded on May 18, 2017, Wanzhou Gold is also an AA class member of the Hong Kong Gold Exchange with license number 141. It holds a certification for trading various gold and silver products [4]. - **Hansheng Group**: This company is an AA class member of the Hong Kong Gold Exchange with license number 208, recognized for its compliance with trading regulations [5]. - **Xinshi Gold**: An AA class member of the Hong Kong Gold Exchange, Xinshi Gold specializes in trading precious metals and has received multiple awards for its service quality [6]. - **Hongfeng Gold**: Holding AA class license number 50, Hongfeng Gold offers 24-hour trading services and aims to provide a stable and fair trading environment [7]. - **Huangyu Precious Metals**: A subsidiary of Brilliant Group, Huangyu is an AA class member of the Hong Kong Gold Exchange, focusing on creating a transparent and customer-centric trading platform [8]. - **Asia Pacific Gold**: This company, with AA class license number 88, provides a range of precious metal trading services and has established various support centers for investors [9]. - **Britain Gold**: An AA class member of the Hong Kong Gold Exchange, Britain Gold offers global wealth management services and aims to provide comprehensive financial services [10]. - **Jinseng Precious Metals**: Recognized as a professional electronic trader by the Hong Kong Gold Exchange, Jinseng focuses on providing a fair and transparent trading environment [11]. - **Guosheng Gold**: Based in Hong Kong, Guosheng Gold holds an AA class license and is recognized for its compliance with trading regulations [12].

【伦敦银走势分析】 特朗普周一针对日本、韩国等14个国家发布的贸易警告信，明确了"互惠"关税的潜在调整。例如，日本 和马来西亚的关税税率将从24%小幅上调至25%，而哈萨克斯坦、突尼斯等国的税率则有所下调，韩 国、印尼等维持不变。 伦敦银周二收平36.74，当天最高3345，最低36.86，日线收阴于36.27，日线看银价还有下跌的势头。下 方关注36.40美元或36.15美元支撑；上方关注36.80美元或37.00美元阻力，另关注关税消息面影响，这两 天贵金属涨跌都是受其影响。 这一混合信号反映了美国在贸易政策上的双重策略：一方面施加压力，另一方面为谈判留出余地。市场 对延期至8月1日的反应偏向谨慎乐观，认为这为美欧、美国-印度等关键贸易谈判提供了缓冲期。 周三(7月9日)由于美元指数维持近日的反弹趋势，而限制了伦敦银多头，截至发稿报36.59美元/盎司， 跌幅0.40%。日内将可关注美国5月批发销售月率，市场预期偏向利空银价，故此，今日伦敦银走势仍 还是偏震荡走低为主。 例如，欧盟未收到正式关税警告信，欧盟委员会主席冯德莱恩与特朗普的"良好沟通"以及美国财长贝森 特的乐观表态，均暗示双方可能在8月1日前达 ...