应，并将注意力转向了美元走软的局面，黄金价格有所上涨。 技术图未发生变化，黄金若想进一步上涨，则必须突破4640-4650美元阻力位。 白银 •黄金试图稳定在4640-4650美元阻力位上方。 •白银测试新高，需求依然强劲。 •铂金测试2400美元水平。 黄金 在出现严重赤字的迹象下，银价突破了90.00美元水平。金银比回落至51以下，上次出现该金银比是在2012年。 若能银价突破91.50美元至92.00美元阻力位，则将有望涨至95.00美元水平。 铂金 由于对贵金属的需求增加，铂金价格走高。交易员们关注白银市场的强劲上涨态势。 倘若铂金价格涨至2450美元以上，它将会向2510美元至2530美元的阻力位移动。 截止北京时间09:40，华通现货白银定盘价报22395元。 美国时间1月14日，全球最大白银ETF——iShares Silver Trust的白银持仓量为16242.22吨，较前一交易日减少78.94吨。 白银网 ...

Group 1 - The iShares Silver Trust, the world's largest silver ETF, reported a holding of 16,242.22 tons of silver as of January 14, a decrease of 78.94 tons from the previous trading day [1] - On January 14, the spot silver price closed at $93.18 per ounce, marking a 7.21% increase, with an intraday high of $93.47 and a low of $86.90 [1] Group 2 - The U.S. Department of Commerce reported a 0.6% month-over-month increase in retail sales for November, surpassing the expected 0.5%, indicating consumer resilience [2] - The National Association of Realtors (NAR) reported that the annualized total of existing home sales in December reached 4.35 million units, the highest level since February 2023, exceeding expectations of 4.22 million and the previous value of 4.13 million [2] - The Federal Reserve's Beige Book indicated overall economic improvement across most regions, with stable employment levels and moderate price increases, although there is significant internal disagreement regarding future interest rate cuts [2]

Core Viewpoint - Gold investment is increasingly popular, and the current market conditions present a favorable opportunity for entry into gold investment [1] Group 1: Importance of Choosing a Reliable Trading Platform - Selecting a safe and reliable gold trading platform is crucial for ensuring the security of funds and smooth transactions [2] - Leading Precious Metals, as an AA-class member of the Hong Kong Gold Exchange, provides a solid foundation for investment [2] - The AA-class membership indicates the platform has undergone rigorous audits and supervision regarding financial strength, compliance, and risk management [2] Group 2: Utilizing Effective Tools for Investment Decisions - A powerful and user-friendly tool can significantly enhance investment efficiency and confidence for both novice and experienced investors [4] - Leading Precious Metals offers a proprietary app that features a clear interface and intuitive operation, allowing users to quickly engage with gold investment [4] - The app integrates technical analysis indicators and provides access to global financial news, aiding investors in making informed decisions [4] Group 3: Understanding Market Trends - The current gold market is driven by multiple factors, including global monetary policies, geopolitical situations, and cautious economic outlooks, providing solid support for gold prices [5] - Investors are encouraged to follow market trends rather than attempt to predict market peaks, with Leading Precious Metals offering market analysis and expert insights [5] Group 4: Timeliness in Action - Historical experience suggests that significant investment opportunities often arise during periods of hesitation among the majority [6] - Early understanding and positioning in the market can provide a competitive advantage [6] Group 5: Special Offers for Investors - Leading Precious Metals offers special promotions, including a free upgrade to a senior investor status with a minimum deposit of $400, allowing for potential bonuses up to $10,000 [7] - This initiative aims to motivate investors in their learning and practical trading experiences [7]

【要闻速递】 美国11月零售销售数据超出预期，增长0.6%，高于经济学家预期的0.4%，这本应提振股市和美元，但 却在通胀数据疲软的背景下未能逆转避险情绪。 生产者物价指数(PPI)环比上涨0.2%，符合预期，但同比超出预期，而前一日公布的12月核心消费者物 价指数(CPI)则弱于预期。 这些数据虽因政府停摆而延迟发布，却揭示了美国经济的复杂性：消费强劲却伴随通胀隐忧。 交易员们因此继续押注美联储今年将至少两次降息，这进一步增强了白银的动能，因为低利率环境会降 低持有白银的机会成本，使其相对于债券和股票更具吸引力。 【最新纸白银行情解析】 日图来看，纸白银价格开盘反弹至高位后再次回调，目前从低位反弹，一小时布林带向上延伸，表明处 于反弹趋势之中，一小时MACD负直方图拉升，显示下跌动能增强，警惕再次下跌，DMI也显示空头占 据上风，纸白银走势下方关注18.50-19.50支撑，上方关注20.50-21.00阻力。 今日周四(1月15日)亚盘时段，纸白银目前交投于19.771一线上方，今日开盘于20.577元/克，截至发稿， 纸白银暂报20.094元/克，下跌2.29%，最高触及20.948元/克，最低下探19 ...

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core Viewpoints of the Report - On January 14, platinum and palladium prices generally rose. The PT2606 contract closed up 3.67% to $630.6 per gram, and the PD2606 contract closed up 1.69% to $495.5 per gram. The escalating geopolitical situation in Iran has boosted the precious metals market, and platinum and palladium have followed the upward trend. However, the better-than-expected US retail sales data and higher PPI in November indicate that the US economy is still performing well, and the probability of interest rate cuts in the short term is low. The price movement of platinum and palladium may still fluctuate as the results of the US 232 investigation are about to be announced. In the short term, platinum and palladium are expected to maintain a wide - range oscillation pattern. In the long - term, considering the supply - demand gap of platinum and the relatively loose supply of palladium, strategies such as buying platinum at low prices or implementing a [long platinum, short palladium] arbitrage strategy can be considered [6]. Group 3: Summary by Related Catalogs Price Information - **Domestic Prices**: The closing price of platinum futures was $630.65, up 4.23% from the previous value; the spot price of platinum (99.95%) was $626, up 5.39%; the platinum basis (spot - futures) was -$4.65, down 57.92%. The closing price of palladium futures was $495.5, up 2.53%; the spot price of palladium (99.95%) was $476, up 2.48%; the palladium basis was -$19.5, up 4.00% [4]. - **International Prices (15:00)**: London spot platinum was $2390.2, up 3.28%; London spot gold was $1861.863, up 3.65%; NYMEX platinum was $2408.5, up 3.73%; NYMEX gold was $1924, up 3.83% [4]. - **Internal - External 15:00 Spread**: The US dollar/Chinese yuan central parity rate was 7.012, up 0.02%. The spread between Guangdong platinum and London platinum was $21.75, up 39.17%; the spread between Guangdong platinum and NYMEX platinum was $17.09, up 25.03% [4]. Ratio and Inventory Information - **Ratios**: The ratio of Guangdong Futures Exchange platinum to palladium was 1.2728, an increase of 0.0207; the ratio of London spot platinum to palladium was 1.2838, a decrease of 0.0046 [5]. - **Inventory (in troy ounces)**: NYMEX platinum inventory was 624,345, unchanged; NYMEX palladium inventory was 210,908, unchanged. Note that due to inconsistent closing times, some platinum and palladium inventory and position data are lagging [5][6]. Position Information - **Total Positions**: NYMEX total platinum positions decreased by 4.57% to 82,836; NYMEX total palladium positions decreased by 6.04% to 19,349 [5]. - **Non - commercial Net Long Positions**: NYMEX non - commercial net long platinum positions increased by 0.38% to 18,110; NYMEX non - commercial net long palladium positions decreased by 201.40% to - 571 [5].

Core Viewpoint - The article emphasizes the importance of "safety and compliance" in gold trading, highlighting the advantages of the Hong Kong Gold Exchange and the reputable platform, Huangyu Precious Metals, as a preferred choice for investors in 2026 [1]. Group 1: Regulatory Framework - The Hong Kong Gold Exchange is described as a "safety benchmark" for global gold trading, connecting Asia and the world while providing a secure trading environment [2]. - Huangyu Precious Metals holds an AA-class member status in the Hong Kong Gold Exchange, representing the highest level of membership, which assures investors of its strong financial backing and compliance [2]. - The AA-class member license is portrayed as a fortress of investor confidence, ensuring that all transactions are regulated and secure [2]. Group 2: Unique Advantages of Huangyu Precious Metals - Huangyu Precious Metals offers a safer trading environment with significantly lower transaction costs, aiming to enhance user experience [5]. - The platform supports free account opening and commission-free trading, with a maximum rebate of $26 per lot traded, and new customers can receive up to $50,000 in bonuses [5]. - The use of a regulated MT4 trading system provides real-time quotes, allowing both novice and experienced traders to monitor market movements effectively [5]. Group 3: Exceptional Services Leveraging Hong Kong's Advantages - Huangyu Precious Metals capitalizes on Hong Kong's status as a financial hub to provide outstanding gold trading services, ensuring transparency in trading orders [6]. - Users can easily access their trading records through the official website or app, with each transaction clearly linked to a Hong Kong Gold Exchange code [6]. - The platform ensures quick fund transfers and employs multi-layer encryption technology to safeguard user assets, enhancing the overall trading experience [6].

北京商报讯（记者 宋亦桐）1月14日，贵金属市场迎来一波上涨行情，现货白银盘中首次站上90美元大 关，达到90.039美元/盎司，开年至今涨幅超25%；现货黄金盘中最高报4623.770美元/盎司。前一交易 日，现货黄金刷新历史纪录至4634.58美元/盎司。 ...

Core Viewpoint - The global precious metals market is at a crossroads of high volatility and technical correction as it enters 2026, with significant downward risks accumulated from extreme price surges in late 2025 [1][4] Market Dynamics - Despite solid growth drivers in 2025 and potential indicated by ETF allocations, the extreme highs in gold, silver, and platinum group metals (PGMs) have created notable short-term correction pressures [1][4] - The potential threat from U.S. tariff policies has led to a large flow of precious metals into U.S. reserves, squeezing liquidity in other global markets [4] - The platinum market is expected to continue facing supply shortages in 2026, exacerbated by declining production in South Africa, which increases price sensitivity to buying interest [4] ETF and Speculative Positions - Gold and silver ETF holdings grew by 20% in 2025, but overall holdings remain below historical peaks, leaving room for potential investor entry [2][4] - Speculative net long positions have not reached extreme levels, indicating potential for further investment [2] - Technical indicators have raised warning signals, with platinum's daily RSI exceeding 90 in December, marking a severe overbought condition [2][4] - Historical data suggests that when prices deviate more than 20% from the 200-day moving average, a 10% to 20% deep correction is often anticipated [2][4] Geopolitical Influences - Geopolitical tensions have intensified in January, becoming a key driver for gold prices, with U.S. military and diplomatic actions in Latin America and strategic interests in Greenland's mineral resources complicating geopolitical relations and enhancing gold's safe-haven appeal [5] - Spot gold has stabilized above $4600 per ounce, but the extreme price increases in 2025 suggest a tendency for the market to consolidate at high levels to digest profit-taking [5] Silver Market Performance - The silver market has also experienced volatility, with prices reaching a new high of $84 per ounce before facing pressure due to increased margin requirements from CME and profit-taking by investors [3][5] - New export quotas for silver from major supply countries, effective January 1, have reduced the number of companies allowed to export to 44, tightening supply expectations and supporting a subsequent price increase of over 7% [3][5] Long-term Outlook - The long-term bullish logic for precious metals remains intact, but investors should be cautious of technical corrections following extreme overbought conditions [5] - Current gold and silver prices show strong resilience, but the dual pressures of policy uncertainty and increased margin requirements necessitate close monitoring of key support levels [5]

与此同时，白银价格也联动暴涨，现货银盘中创下每盎司86.22美元的历史新高，最终收报85.12美元，涨幅达5.2%。白银市场容量较小，对资金流入更为敏 感，因此其涨势往往更猛烈。这种金银联动的格局，进一步强化了贵金属板块的整体吸引力，吸引了大量资金涌入，推动价格不断攀升。威廉姆斯认为美国 劳动力市场稳定，经济年增长率可能介于2.5%至2.75%，对前景持"颇为乐观"态度。他强调，货币政策目前"更接近中性"，未来决策将严格依赖数据，这暗 示短期内无需急于调整，但若经济数据走弱，降息空间依然存在。在债市方面，美国国债收益率基本持平，10年期收益率报4.177%，30年期报4.828%，市 场正等待本周的CPI和PPI数据。这些因素综合起来，强化了低利率环境的预期，而黄金在低利率周期中表现尤为出色，因为持有成本降低。同时，通胀保值 债券的损益平衡收益率上升至2.289%，显示市场预计未来十年通胀年均约2.3%，这进一步支撑了黄金作为通胀对冲工具的地位。 基本面： 周二（01月13日）白银早盘高开上涨，谨慎可回落后多单布局。白现货白银刚刚突破82.00美元/盎司关口，鲍威尔刑事调查风暴：美联储独立性危机点燃金 价导火 ...

Group 1 - Precious metals experienced high volatility, with spot gold trading around $4,590 and silver retreating to below $85 on January 13, following news of Powell potentially facing criminal investigation, which drove prices to historical highs [1][2] - Spot gold briefly surpassed $4,600, closing up 1.97% at $4,597.94 per ounce, while silver reached a record high of $86 before closing up 6.51% at $85.16 per ounce [1] - Multiple exchanges globally announced enhanced risk control measures due to significant price fluctuations in precious metals, with the Chicago Mercantile Exchange changing margin requirements for gold and silver contracts to a percentage of nominal value [2] Group 2 - The Shanghai Gold Exchange issued a notice regarding the adjustment of the gold ETF's subscription and redemption processes, pausing these activities for one day on January 16, 2026, to ensure smooth operations [3] - Analysts from various futures companies noted that geopolitical tensions in the Middle East and the Americas, along with concerns over the independence of the Federal Reserve, are driving precious metal prices upward [4][5] - The market is currently characterized by high volatility, with gold maintaining a strong position while silver may face increased risks in the short term [4][5]