Precious metals reach record highs following Trump's Greenland tariff threat ...

Gold and silver surged to fresh highs just days after breaking previous records, as investors flock to safe-haven assets amid a choppy geopolitical and economic ‍outlook.U.S. gold futures for February delivery rose 1.71% to $4,674.20 per ounce on Monday, after earlier hitting a record high last week. Spot gold was 1.6% higher at $4,668.14.It comes after U.S. President Donald Trump announced tariffs on goods from eight European countries until a deal for "the Complete and Total purchase of Greenland," as he ...

Market Overview - On January 19, the three major indices showed mixed performance, with the Shanghai Composite Index rising by 0.29% to close at 4114.00 points, while the Shenzhen Component Index increased by 0.09% to 14294.05 points. The ChiNext Index fell by 0.70% to 3337.61 points. The total trading volume was 2.71 trillion yuan, a decrease of 317.9 billion yuan compared to the previous trading day [1][3]. Sector Performance - The electric grid equipment sector experienced a significant surge, while the precious metals sector also showed strength. The tourism sector gained momentum, and there was a partial recovery in the commercial aerospace concept. Other sectors such as Hainan, military industry, chemicals, oil and gas, and robotics also performed well during the trading session [3]. - Conversely, the AI application sector declined, with the internet, cultural media, and AI healthcare sectors experiencing the largest drops. Individual stocks such as Haige Communication faced continuous trading halts, and several stocks including Sanwei Communication and Vision China also hit their daily limits [3]. Notable Stocks - Fenglong Co., Ltd. resumed trading and hit the daily limit for the 14th consecutive trading day, with a cumulative increase of 280% since December 17, 2025 [4]. Market Sentiment - The current stock market environment is described as a test of courage, with notable commentary on the volatility and unpredictability of stock performance. There is a call for caution among retail investors, especially regarding the use of AI models for stock selection, which is viewed as risky [6][17][18].

A股市场黄金股强势，其中，四川黄金、招金黄金涨停，山金国际涨超6%，中金黄金、西部黄金涨超 4%。 消息面上，特朗普对欧洲的关税威胁引发避险需求，黄金和白银价格双双触及历史新高。其中，现货黄 金今日盘中一度涨至4690美元/盎司，再创历史新高；现货白银一度涨至94.15美元/盎司，亦创历史新 高。 分析人士指出，在美联储1月可能暂停降息的背景下，地缘政治成为短期焦点，美委冲突、格陵兰岛局 势及伊朗局势再次引起全球投资者对地缘政治频繁冲突的不安，特别是伊朗局势明朗前，黄金短期热度 难以下降。 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 001337 | 四川黄金 | 中 | 9.99 | 158亿 | 35.14 | | 002187 | 广百股份 | 2 | 9.95 | 63.50亿 | 19.68 | | 000506 | 招金黄金 | 1 | 9.50 | 148亿 | 21.75 | | 000975 | 山金国际 | है | 6.17 | 826亿 | 22.32 | | 600089 ...

Group 1: Report Industry Investment Rating - No relevant content found Group 2: Core Viewpoints of the Report - Short - term, with weakened macro - level driving factors, precious metal prices are expected to fluctuate weakly at high levels and price volatility may remain high. However, due to uncertainties such as the Iran geopolitical situation and tight silver spot, prices are difficult to decline continuously. Long - term, the upward logic of precious metals remains unchanged, and the strategy is to buy on dips or sell slightly out - of - the - money put options [3]. - Medium - to - long - term, the Fed is still in an easing cycle, global geopolitical uncertainties will continue, and the credit risk of the US dollar will increase. The allocation demand of global central banks, institutions, and residents is expected to continue, so the medium - to - long - term center of gold prices will likely move up. Long - term investors are advised to buy on dips [4]. Group 3: Summary by Relevant Catalogs 1. Price Data - On January 16, 2026, compared with January 15, 2026, London gold spot decreased by 0.2% to $4597.99 per ounce, London silver spot increased by 0.9% to $90.51 per ounce, COMEX gold decreased by 0.2% to $4601.50 per ounce, COMEX silver increased by 1.1% to $90.32 per ounce, AU2602 decreased by 0.3% to 1032.32 yuan per gram, AG2602 decreased by 0.7% to 22555 yuan per kilogram, AU (T + D) decreased by 0.2% to 1030.20 yuan per gram, and AG (T + D) decreased by 0.5% to 22541 yuan per kilogram [3]. - Regarding price spreads, on January 16, 2026, compared with January 15, 2026, the gold TD - SHFE active price spread increased by - 28.9% to - 2.12 yuan per gram, the silver TD - SHFE active price spread increased by - 77.8% to - 14 yuan per kilogram, etc. [3]. 2. Position Data - On January 16, 2026, compared with January 15, 2026, the gold ETF - SPDR increased by 1.01% to 1085.67 tons, the silver ETF - SLV increased by 0.07% to 16073.05851 tons. COMEX gold non - commercial long positions increased by 7.92% to 296183 contracts, non - commercial short positions decreased by 3.97% to 44945 contracts, and non - commercial net long positions increased by 10.37% to 251238 contracts. COMEX silver non - commercial long positions decreased by 0.10% to 47337 contracts, non - commercial short positions decreased by 15.66% to 15277 contracts, and non - commercial net long positions increased by 9.53% to 32060 contracts [3]. 3. Inventory Data - On January 16, 2026, compared with January 15, 2026, SHFE gold inventory decreased by 0.10% to 100053 kilograms, SHFE silver inventory decreased by 1.81% to 626843 kilograms. COMEX gold inventory increased by 0.01% to 36135901 troy ounces, COMEX silver inventory decreased by 0.98% to 429156441 troy ounces [3]. 4. Interest Rate/Exchange Rate/Stock Market Data - On January 16, 2026, compared with January 15, 2026, the US dollar/Chinese yuan central parity rate increased by 0.02% to 7.01, the US dollar index increased by 0.03% to 99.37, the 2 - year US Treasury yield increased by 0.84% to 3.59%, the 10 - year US Treasury yield increased by 1.68% to 4.24%, the VIX increased by 0.13% to 15.86, the S&P 500 decreased by 0.06% to 6940.01, and NYMEX crude oil increased by 0.08% to 59.22 [3]. 5. Market Review and Influencing Factors - On January 16, the main contract of Shanghai gold futures closed down 0.31% to 1032.32 yuan per gram, and the main contract of Shanghai silver futures closed down 1.26% to 22483 yuan per kilogram [3]. - The sharp adjustment of precious metal prices in the night session last Friday was due to: the cooling of the Iran situation reducing safe - haven demand; the change of the most likely Fed chair candidate hitting market rate - cut expectations; the suspension of new tariffs on critical minerals imports easing silver's tariff risk; and the Shanghai Futures Exchange's risk - control measures on silver [3].

记者丨李益文 编辑丨叶映橙 安粮期货分析，以中国人民银行为代表的多国央行持续的购金行为，为金价提供了长期而稳定的结构性支撑。短期内，金价预计将在货币政策预期摇摆和美 元汇率波动的共同影响下，维持区间波动偏强格局。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 出品 | 21财经客户端 21世纪经济报道 国际金价的飙升迅速传导至国内市场，国内知名金饰品牌报价普遍处于历史高位。其中，老庙黄金报1459元/克，较前一日上涨24元/克；老凤祥价报1456元/ 克，较前一日上涨20元/克；周大福报1455元/克，较前一日上涨19元/克；周生生报1451元/克，较前一日上涨15元/克；六福珠宝与金至尊均报1453元/克，较 上一日涨19元/克。 | 金店名称 | 黄金零售价 (元/克) | 黄金换购价( | | --- | --- | --- | | 周大福 | 1455 | 1011 | | 元福琉高 六福珠宝 | 1453 | 1236 | | 菜百首饰 | 1410 | | | 金至尊 | 1453 | 1239 | | 老凤祥 | 1456 | 1236 | | 命老庙 老庙黄金 | 1 ...

Core Viewpoint - Gold and silver prices increased, indicating a potential shift in investor sentiment towards safe-haven assets amid mixed performance in Asian stock markets and declining U.S. stock futures [1] Group 1: Market Performance - Asian stock benchmarks showed mixed results, reflecting varied investor confidence across different markets [1] - U.S. stock futures experienced a decline, suggesting potential bearish sentiment ahead of market openings [1] Group 2: Commodity Trends - The rise in gold and silver prices may signal increased demand for safe-haven investments as market volatility persists [1]

Precious metals climbed in the early morning Asian session on likely safe-haven demand. ...

Core Viewpoint - iShares Silver Trust (SLV) offers direct exposure to silver prices, allowing investors to express views on precious metals without company-specific risks [1] Group 1: Investment Strategy - The strategy aims to mirror spot silver movements, with returns driven by metal supply-demand, currency trends, and investor risk appetite [1] - SLV serves as a tactical overlay for inflation or currency hedging, a diversification tool due to low long-run correlation with many financial assets, or a targeted satellite for precious metals mandates [1] Group 2: Characteristics and Risks - As a single-commodity holding, SLV is concentrated and non-income producing, leading to potentially volatile performance sensitive to real rates and dollar fluctuations [1] - Silver's dual role as a monetary metal and industrial input introduces cyclical characteristics that may diverge from gold, adding beta related to manufacturing and electronics alongside inflation and policy expectations [1] - A key risk is the concentration in a single commodity, where sharp price movements and sentiment shifts can significantly impact outcomes compared to broader multi-asset exposures [1]

As silver prices have marched relentlessly higher, the magnitude of the metal’s daily swings has increased.Plenty of other factors are contributing to silver’s run higher as well. Here is what investors should be watching.In other words, investors are seeing “a perfect storm” for higher prices, Haberkorn said.Silver is a key component in solar panels, electric vehicles, batteries and electronics more broadly. As demand surges, companies are confronting a global supply situation that is increasingly fracture ...