白银有色、湖南黄金、湖南白银、四川黄金触及跌停，晓程科技跌超10%，盛达资源、洛阳钼业跟跌。 (本文来自第一财经) 白银有色、湖南黄金、湖南白银、四川黄金触及跌停，晓程科技跌超10%，盛达资源、洛阳钼业跟跌。 (本文来自第一财经) ...

Core Viewpoint - The gold market is experiencing significant volatility, with COMEX gold futures prices fluctuating around $4,805, reflecting a transition from a "myth" to an "accident" due to extreme prices, crowded trades, and high leverage under a shifting macro narrative [1] Group 1: Market Performance - As of 14:30, the performance of various ETFs shows a narrowing of declines: the Huaxia Gold ETF (518850) down 2.81%, the Non-ferrous Metals ETF (516650) down 4.71%, and the Gold Stock ETF (159562) down 5.13% [1] Group 2: Price Drivers - Short-term price drivers include the ongoing release of liquidity pressure, further assessment of the Fed's policy stance, and the extent of technical selling [1] - The market is expected to engage in intense battles and volatile consolidation within a wide range [1] Group 3: Long-term Factors - Despite short-term challenges, long-term structural factors driving gold—such as profound changes in the global political and economic landscape and potential restructuring of the monetary system—remain intact [1] - February is anticipated to be a difficult tug-of-war between short-term liquidity pain and long-term value belief [1] Group 4: Investor Guidance - Participants are advised to maintain respect and patience amid volatility and to adhere to clear risk discipline during chaotic expectations, which is crucial for navigating the current cycle [1]

【最新国际黄金行情解析】 摘要今日周四(2月5日)亚盘时段，国际黄金最新报价为4836.18美元/盎司，较前一交易日下跌127.36美 元，跌幅2.65%，日内呈现承压回落走势。当日开盘价报4962.94美元/盎司，盘中最高触及5023.39美元/ 盎司，最低下探至4791.69美元/盎司。 美国劳工统计局(BLS)宣布，受月初部分政府机构停摆影响，原定2月6日发布的1月非农就业报告推迟至 2月11日;同期，1月消费者物价指数(CPI)由原定2月11日延至2月13日，12月JOLTS及大都会就业失业报 告等亦同步调整。此次停摆于周二深夜结束，特朗普签署与参议院民主党达成的拨款协议，劳工部等机 构经费获保障至9月30日。 经济学家预期1月非农新增约6万人(略高于12月5万)，失业率持平4.4%;但ADP周三数据显示，1月民间 就业仅增2.2万，就业动能放缓迹象仍存。值得关注的是，1月就业报告将含年度数据修正，预计截至 2025年3月的就业增长将显著弱于初值。 作为美联储货币政策核心参考，非农与CPI延迟发布使市场陷入"信息真空"，利率路径判断或更依赖官 员表态与前期数据。若就业数据大幅下修，叠加减税通胀放缓，或 ...

金银价格，再度跳水！ 今日，现货白银价格直线大跳水。盘中，现货白银跌幅一度超过16%，现货黄金跌幅一度超过3%。 A股黄金概念股也大幅下挫。 截至券商中国记者发稿，白银有色、湖南白银、湖南黄金跌停，四川黄金逼近跌 停，豫光金铅、晓程科技、兴业银锡、招金黄金、中国黄金等纷纷大跌。 有机构表示，当前，贵金属市场情绪仍不稳定，高波动性可能会持续一段时间。 黄金、白银大跳水 近期，黄金与白银价格坐上了"过山车"，上演了一场惊心动魄的暴涨暴跌行情。这种急速切换的走势，让市场 参与者直呼"心跳加速"。 2月5日盘中，黄金、白银价格再次出现直线跳水行情。现货白银一度暴跌超16%，并跌破74美元/盎司关口， 基本抹去了前两天的反弹；现货黄金的跌幅也一度超过3%，并一度跌破4800美元/盎司关口。 截至券商中国记者发稿，金银价格跌幅有所缩窄，现货白银跌13.75%报76.496美元/盎司，现货黄金跌2.03%报 4867.5美元/盎司；期货方面，COMEX白银期货、COMEX黄金分别下跌9.16%、1.41%。 消息面上，美国参议院银行委员会主席Tim Scott表示，特朗普提名的美联储主席人选凯文·沃什（Kevin Wars ...

Core Viewpoint - The domestic precious metals market is experiencing a decline, with gold futures showing a significant drop in price, indicating a bearish trend in the market [1]. Group 1: Gold Production and Consumption - In 2025, domestic gold production is expected to reach 381.339 tons, an increase of 4.097 tons or 1.09% year-on-year. Imported gold production is projected at 170.681 tons, up by 13.817 tons or 8.81% year-on-year. Total gold production, including domestic and imported sources, is estimated at 552.020 tons, reflecting a year-on-year increase of 17.914 tons or 3.35% [2]. - The total gold consumption in China for 2025 is forecasted at 950.096 tons, a decrease of 3.57% year-on-year. This includes a significant drop in gold jewelry consumption, which is expected to be 363.836 tons, down 31.61% year-on-year. In contrast, gold bars and coins are projected to increase to 504.238 tons, a rise of 35.14% year-on-year [2]. Group 2: Market Sentiment and Economic Indicators - The U.S. economic data presents mixed signals, with January ADP employment numbers increasing by 22,000, which is below the expected 48,000. However, the ISM non-manufacturing PMI stands at 53.8, indicating economic resilience. The market is awaiting the upcoming non-farm employment data [4]. - The geopolitical tensions related to Greenland's sovereignty are accelerating the de-dollarization process in Europe. In the medium to long term, the global dollar reserve ratio is expected to continue declining, which may benefit gold's monetary attributes [4]. - The introduction of new tax policies on gold may significantly impact domestic physical gold demand, particularly in the jewelry sector. Despite this, the central bank's gold purchases and investment demand are crucial to offset the decline in jewelry demand [4].

周四(2月5日)亚市盘中，现货黄金价格震荡走弱，目前交投于4857.19美元/盎司附近，现货黄金价格在 最近的盘中交易中下跌，收于5000美元关键阻力位下方，未能重新站上这一心理关口。目前短期看跌修 正波势头强劲，限制了金价在当前阶段快速反弹的可能性。随着交易价格跌破EMA50，这些负面压力 不断增加。 黄金价格大跳水，根据世界黄金协会(2025年)的数据，全球地上黄金储量估计约为216,265公吨。若以此 计算，现货黄金的市值在此时段蒸发1.4万亿美元，约等于蒸发了一个伯克希尔哈撒韦和一个AMD。 日线级别上，金价自1月29日5320美元历史峰值后便步入高位震荡回落通道，今日更是跌破5000美元关 键心理关口，黄昏星形态雏形显现，短期调整压力显着；均线系统层面，5日均线向下拐头与10日均线 形成死叉，价格同时失守20日均线支撑，中期多头排列的格局被破坏，短期行情正式由空头主导 在5100美元关口的失败和随后的下跌为黄金的进一步短期贬值提供了依据。移动平均收敛发散(MACD) 线位于信号线之上且高于零，而收缩的正直方图表明动能正在减弱。相对强弱指数(RSI)为46，处于中 性且低于中线。 然而，200期简单移 ...

去年黄金产量同比增1.09% 2月5日，中国黄金协会最新统计数据显示：2025年，国内原料产金381.339吨，同比增加4.097吨，同比增长 1.09%。我国黄金消费量950.096吨，其中金条及金币504.238吨，同比增长35.14%。上海黄金交易所全部黄金品种 累计成交量单边3.14万吨（双边6.29万吨），同比上升1.02%。 黄金投资量价齐涨 2025年，上海黄金交易所全部黄金品种累计成交量单边3.14万吨（双边6.29万吨），同比上升1.02%；累计成交额 单边24.93万亿元（双边49.86万亿元），同比上升43.89%。上海期货交易所全部黄金期货期权累计成交量单边 14.22万吨（双边28.45万吨），同比上升56.10%；累计成交额单边88.97万亿元（双边177.94万亿元），同比上升 111.93%。2025年12月底，伦敦现货黄金定盘价为4307.95美元/盎司，较年初2644.60美元/盎司上涨62.90%；上海 黄金交易所Au9999黄金收盘价为974.90元/克，较年初开盘价614.00元/克上涨58.78%。 11月底，广州期货交易所上市铂钯期货、期权品种，进一步丰富我国贵金 ...

贵金属、有色金属板块持续大跌，湖南白银（002716）、湖南黄金（002155）、白银有色（601212）、河钢资源（000923）等多股跌停，四川黄金 （001337）、晓程科技（300139）跌超8%。 港股方面相关板块亦表现不佳，其中天齐锂业（002466）大跌近13%，万国黄金集团跌超10%，中国黄金（600916）国际、五矿资源、洛阳钼业 （603993）等多股跌超7%。 2月5日上午，亚太主要股指全线飘绿。A股三大指数、恒生指数均跌超1%，热门科网股多数下跌，华虹半导体跌超6%，腾讯控股跌超2.6%，市值跌破5万 亿港元。韩国综合指数跌超3.6%，主要受SK海力士、三星电子拖累，其跌幅均超5%。 | 日经225 | 韩国综合 | 新加坡海峡 | | --- | --- | --- | | 53898.35 | 5175.41 | 4953.67 | | -395.01 -0.73% | -195.69 -3.64% | -11.83 -0.24% | | 澳洲标普200 | 印度 | MSCI台湾 | | 8886.40 | 0.00 | 1260.71 | | -17.60 -0.20% | 0 ...

智通财经APP获悉，港股恒生指数跌1.27%，跌340点，报26506点；恒生科技指数跌1.16%。港股早盘成 交1683亿港元。 腾讯控股（00700）股价跌2.87%，市值跌破5万亿港元。 名创优品(09896)逆市涨超5%，首度与央视总台春晚进行合作，"兴趣消费"战略迎关键性跃升。 巨子生物(02367)盘中涨超4%，全球首个注射用重组胶原蛋白和透明质酸钠复合溶液获批。 中通快递-W(02057)涨2.35%，2025年包裹量同比增长13.3%，拟溢价约37.5%发行15亿美元票据。 钧达股份(02865)回吐逾10%，行业协会发声太空光伏技术仍处探索初期。 煤炭股普遍回落。兖煤澳大利亚(03668)、首钢资源(00639)均跌超6%。 隔夜AMD暴跌影响芯片股。华虹半导体(01347)跌超5%，兆易创新(03986)跌超5%。 黄金股再度走低。国际黄金市场波动加剧，机构称贵金属根本逻辑并未改变。中国黄金国际(02099)跌 6.8%；紫金矿业(02899)跌6%。 餐饮股涨幅居前，餐饮行业经营态势持续回暖，机构称龙头企业率先凸显配置价值。百胜中国(09987) 涨8.7%；海底捞(06862)涨2.5 ...

Group 1: Insurance Sector - Insurance stocks are experiencing significant declines, with China Life (02628) down 3.75%, New China Life (01336) down 3.28%, and China Pacific Insurance (02601) down 2.74%. The government plans to issue approximately 200 billion yuan in special bonds to inject capital into major insurance companies, marking the first time this method will be used for insurance firms in China [1] Group 2: Logistics and Delivery - ZTO Express (02057) has seen an increase of over 2.3%. The company estimates that its total revenue for 2025 will be between 48.5 billion yuan and 50 billion yuan, representing a growth of approximately 9.5% to 12.9% compared to 44.2807 billion yuan in 2024 [1] Group 3: Biotechnology - Innovent Biologics (09969) has risen over 4%, with a current increase of 3.25%. The company anticipates achieving revenue of 2.37 billion yuan in 2025, a year-on-year growth of approximately 134%, and expects to turn a profit with a net profit of around 630 million yuan [1] Group 4: Coal Sector - Coal stocks are generally declining, with Yancoal Australia (03668) down 6.63%, Shougang Resources (00639) down 7.83%, and China Shenhua (01088) down 2.47%. This decline follows reports that the Indonesian government has proposed a production cut plan, leading to a 40% to 70% reduction in production quotas for major miners [2] Group 5: Medical Devices - GigaGen (02367) has increased over 8%, currently up 4.11%. The company recently announced that its "recombinant type I α1 collagen and sodium hyaluronate composite solution" has been approved as a medical device, marking a significant milestone as the first product of its kind for improving facial smoothness [2] Group 6: Semiconductor Sector - Semiconductor stocks are all declining, with Hua Hong Semiconductor (01347) down 5.91% and SMIC (00981) down 3.49%. This follows a significant drop in AMD's stock price by 17.31% after its fourth-quarter report indicated that while revenue exceeded expectations, the guidance for the first quarter was below market expectations [3] Group 7: Restaurant Sector - Restaurant stocks are performing well, with Yum China (09987) up 8.41% and Haidilao (06862) up 2.69%. The restaurant industry has shown signs of recovery, with retail sales in the sector growing by 3.8%, 3.2%, and 2.2% year-on-year in the last quarter of 2025, significantly outpacing overall retail growth [3] Group 8: Consumer Goods - Miniso (09896) has risen over 5.1% after announcing its partnership with the Central Radio and Television Station for the 2026 Spring Festival Gala. This collaboration is seen as a significant marketing move to elevate the brand's visibility in the mainstream market [4] Group 9: Gold Sector - Gold stocks are declining, with China Gold International (02099) down 6.8% and Zijin Mining (02899) down 6.29%. Recent volatility in the international gold market has been noted, with expectations that geopolitical tensions and liquidity easing by the Federal Reserve may drive gold prices higher [4] Group 10: Cryptocurrency - Cryptocurrency ETFs and related stocks are continuing to decline, with significant drops in prices, including Bitcoin falling below $72,000 for the first time in 15 months. The price has decreased by over 42% from its peak last October [5] Group 11: US Market Highlights - Boston Scientific (BSX.US) fell 17.59% after providing lower-than-expected guidance for fiscal year 2026. The company expects adjusted earnings per share to be between $3.43 and $3.49, slightly below analyst expectations [6] - Solar stocks surged, with Enphase Energy (ENPH.US) rising 38.6% following reports of interest from Elon Musk's teams in the Chinese solar supply chain [6]