北京菜百首饰总店的工作日依然人潮涌动，黄金投资者们呈现出一种矛盾的行为模式：一方面有人一次性卖出8公斤金条，套现近900万元；另一方面，小克 重金条成为众多投资者的新宠，柜台前排起长队。 这种买卖两旺的场景背后，隐藏着一个容易被忽视的风险——大额资金异常流动可能带来的洗钱隐患。近期金价剧烈波动导致贵金属回购业务激增，部分金 店已开始对回购业务进行限额管理，并在非交易日暂停回购服务。 异常交易，隐藏在黄金热中的风险信号 更值得关注的是，非金融机构的贵金属交易商，往往缺乏专业的反洗钱监控体系和人员配置。即使像菜百这样的大型金店，也仅是通过限额管理和预约制度 进行风险控制，缺乏对可疑交易的深度分析能力。 新职业崛起，反洗钱师成行业刚需 近年来，全球经济一体化进程持续加快，金融业务创新深化与洗钱风险复杂化并行，我国反洗钱工作正迈向"专业化防控、标准化治理"的新阶段。 为响应国家反洗钱战略部署，2025年1月1日新《反洗钱法》正式实施，首次将"从业人员专业能力提升"纳入法律配套保障体系。随后，9月16日印发的《会 计师事务所反洗钱工作管理办法》，进一步明确特定非金融机构反洗钱人员的职责与能力门槛。 近期黄金市场呈现出奇 ...

Group 1 - The silver market is heading towards a structural shortfall for the sixth consecutive year, with a projected gap of 67 million ounces by 2026 [1] - Industrial silver processing is expected to decline by 2% to 650 million ounces, influenced by reduced usage in the solar photovoltaic sector and trends of direct substitution [1] - Jewelry demand is forecasted to drop for the second consecutive year, decreasing by 9% to 178 million ounces, marking the lowest level since 2020 [1] Group 2 - Global silver supply is anticipated to grow by 1.5% to reach a ten-year high of 1.05 billion ounces, with mine production increasing by 1% to 820 million ounces and recycling volume rising by 7% to exceed 200 million ounces for the first time since 2012 [1] - The recent decline in gold and silver futures is attributed to profit-taking ahead of the delayed January employment report, with potential weak data possibly increasing pressure on the Federal Reserve to cut rates, which could support precious metal prices [1] - Silver ETF outflows have made silver susceptible to short-term volatility, but the current supply shortage indicates a potential recovery in the coming months [2]

2026-02-11 10:23:33 作者：狼叫兽 2026年初，国际黄金市场风云激荡。地缘政治博弈、全球货币政策转向等多重催化剂交织下，金价在剧烈波动 中屡创历史高位，单日波幅动辄近百美元已成常态。对于投资者而言，这既是挑战，更是黄金时代馈赠的机遇 窗口。在这场黄金投资盛宴中，领峰环球凭借其十四年的行业积淀，成为越来越多投资者应对市场波动、捕捉 投资机会的得力伙伴。从权威监管到技术创新，从客户服务到交易体验，领峰环球炒黄金平台构建了一套完整 的黄金投资生态系统，让每位投资者都能在复杂的市场环境中稳健前行。 02 五星级服务体验：全天候陪伴创造价值 领峰环球客户服务团队具备扎实的金融知识，并经过严格的服务培训，能够以通俗易懂的语言，为不同投资者 提供个性化服务。平台建立了7×24小时全年无休的客服体系，无论投资者身处何地、遇到何种问题，都能第一 时间得到专业解答。 01 十四年品牌积淀：口碑是更好的试金石 自2011年成立以来，领峰环球与客户一起见证了黄金市场大起大落的罕见行情。十四年来，平台始终将合规经 营作为发展根基，持有巴哈马证券监察委员会（SCB）颁发的权威牌照，确保每一笔交易都在严密体系的监督 下 ...

Group 1: Price and Exchange Data - Current prices of London gold, London silver, London platinum, WTI crude oil, and LME copper are 13076.00, 5031.40, 2095.00, 1706.00, and 63.96 respectively, with changes of -8.15, 41.00, -0.40, 6.50, and 0.00 [1] - Current exchange - related data including the USD/JPY, US dollar index, EUR/USD, GBP/USD, and US 10 - year TIPS are 154.40, 96.87, 1.19, 1.36, and 1.87 respectively, with changes of 0.01, -0.00, -0.01, -1.50, and 0.00 [1] Group 2: Trading Data - Current trading data of COMEX silver, SHFE silver, SGE gold, SGE silver, gold ETF holdings, and silver ETF holdings are 323.37, 1079.32, 16216.45, 12014.43, 504.96, and 2 respectively, with changes of -130.42, 4.82, 0.00, 0.00, -0.34, and 25.36 [1] Group 3: Precious Metal Ratios - The report shows the gold - crude oil ratio, gold - copper ratio, COMEX - London spread, gold/platinum ratio, and platinum/palladium ratio through charts [1] Group 4: Import Profits - The report presents data on silver and gold import profits through relevant charts [2][3][5] Group 5: US Treasury Yields and Spreads - The report shows the relationship between US Treasury yields, spreads, and the price of London spot gold through a chart [4] Group 6: ETF and Inventory Changes - The report presents the changes in COMEX silver inventory, LBMA silver inventory, SGE silver inventory, SHFE silver inventory, gold ETF holdings, and silver ETF holdings through charts [4] Group 7: SGE Holdings and Deliveries - The report shows the SGE gold and silver spot holdings and deliveries through charts [4] Group 8: SGE Deferred Fees - The report presents the SGE gold and silver deferred fee directions through a chart [4] Group 9: COMEX Non - commercial Long Positions - The report shows the proportion of non - commercial long positions of COMEX gold and silver through a chart [4]

我问你个问题，你这两天看金价和银价的走势图了吗？那种感觉就像是有人在心电图仪后面疯狂地打摆子，上一秒还在冲顶，下一秒就能直接给你 砸出一个坑来。 这就是个很尴尬的现实。美国人习惯了掌握定价权，习惯了通过伦敦和纽约的盘面来决定金子银子卖多少钱。结果现在发现，中国人不跟他们玩那 一套逻辑了。我们在国内现货市场直接把溢价拉满，导致全球的套利资金都想往国内钻，这种失序确实让他们很难受。 我昨天看到一个分析，说这种内外盘脱节的情况是历史罕见的，这已经不是简单的投资了，这是一种情绪的集中宣泄。 我今天查了一下最新的市场动态，美联储的官员和美国那边的一些评论员似乎已经坐不住了。路透社最新的报道里提到，美国财政部的一些声音开 始指向大洋彼岸，说是中国市场的投机盘太疯狂了，直接扰乱了全球贵金属的定价秩序。 我就纳闷了，黄金白银涨的时候，大家都在喊信用货币要崩了，结果现在波动剧烈一点，就开始找中国交易员背锅了？我仔细翻了翻公开的数据， 这事儿确实有点邪门。 根据上海黄金交易所和上海期货交易所的数据，前两天白银期货的溢价竟然一度冲到了8%左右，这在往常简直是不可思议的事情。更离谱的是那 个白银基金，溢价率最高的时候居然到了60%， ...

国贸期货研究院 贵金属与新能源研究中心 白素娜 投资咨询号: Z0013700 从业资格号:F3023916 2026/2/10 投资咨询业务资格:证监许可【2012】31号 铂把数据日报 世界500强投资企业 国贸期货股份有限公司 成为一流的衍生品综合服务商 ITG国贸期货 (含稅) 广锂-伦敦兜 -1. 37 37.82% -1. 00 广贸-NYMEX贸, 0. 80 -866. 29% -6. 14 指标名称 现值 前值 变化 nd a lot no 200 220 22 25 20 2010 广期所铂/贸比价 铂贸比价 1. 2326 1. 2440 0. 0113 年存:NYMEX:铂金(金衡品司) 伦敦现货铂/贸比价 1. 2102 1. 2048 0. 0054 8000000 库存:NYMEX:留金(金衡备司) 指标名称 现值 涨跌幅 前值 库存(金 600000 NYMEX:铂金库存 190874 190874 0. 00% 衡盎司) NYMEX:钟令库存 662619 -2. 44% 646441 4000000 指标名称 现值 前值 派族临 NYMEX:总持仓:铂 -7.37% 735 ...

Report Summary 1. Report Industry Investment Rating - No information provided in the given content 2. Core View - No information provided in the given content 3. Summary by Related Catalogs Price Performance - London Gold latest price: $13,069.50, change: +$91.55 [1] - London Silver latest price: $5,039.55, change: +$5.42 [1] - London Platinum latest price: $80.36, change: +$30.00 [1] - WTI Crude latest price: $2,054.00, change: +$0.81 [1] - LME Copper latest price: $1,693.00, change: +$279.00 [1] - Dollar - Yen latest: 155.89, change: -0.76 [1] - Dollar Index latest: 96.85, change: +0.01 [1] - Euro - Dollar latest: 1.19, change: +0.01 [1] - Pound - Dollar latest: 1.37, change: -1.34 [1] - US 10 - year TIPS latest: 1.88, change: 0.00 [1] Trading Data - COMEX Silver latest: 1,079.66, change: -1.00 [1] - SHFE Silver latest: 12,144.85, change: 0.00 [1] - SGE Gold latest: 318.55, change: -125.83 [1] - SGE Silver latest: 16,191.09, change: +3.43 [1] - Silver ETF持仓 latest: 504.96, change: 0.00 [1] - Gold ETF持仓 latest: 2, change: -31.35 [1] Precious Metal Ratios - The report presents various precious metal ratios such as gold - crude oil ratio, gold - copper ratio, COMEX gold - silver ratio, gold - platinum ratio, and platinum - palladium ratio through charts [1] Import Profits - The report shows the import profits of gold and silver through charts [1] US Treasury Rates and Spreads - The report presents the relationship between US Treasury rates, spreads and London spot gold price through charts [2] ETF Holdings Changes - The report shows the changes in COMEX silver inventory, LBMA silver inventory, SGE silver inventory, SHFE silver inventory, gold ETF holdings, and silver ETF holdings through charts [2] SGE Holdings and Deliveries - The report shows the holdings and deliveries of SGE gold and silver through charts [2] SGE Deferred Fees - The report shows the deferred fee payment directions of SGE gold and silver through charts [2] COMEX Non - Commercial Long Positions - The report shows the proportion of non - commercial long positions of COMEX gold and silver through charts [2]

Group 1 - The spot gold price fell below $5000, declining over 1% during the day [1] - The spot silver price dropped below $81 per ounce, with a decrease of 2.72% [1] Group 2 - Current prices for precious metals include: London gold at $5019.761 (-0.77%), London silver at $81.711 (-1.99%), and COMEX gold at $5098.4 (+0.37%) [2] - COMEX silver increased by 1.84% to $83.745, while SHFE silver rose by 5.24% to 20934 [2]

Group 1 - The Trump administration plans to exempt large tech companies like Amazon, Google, and Microsoft from the next round of chip tariffs to support AI data center construction, linked to TSMC's investment commitments, currently under adjustment and not yet signed by the President [1][2] - The Federal Reserve Governor Milan stated that significant fluctuations in the dollar would be necessary to impact inflation, noting that the recent weakness of the dollar has no substantial effect on monetary policy, with the dollar index down 7.7% over the past 52 weeks [3] - Federal Reserve Governor Waller indicated that the cryptocurrency frenzy associated with Trump's presidency is waning, with Congress making little progress on clarifying cryptocurrency regulations [4][5] Group 2 - The precious metals market experienced significant volatility, with spot gold fluctuating dramatically, initially breaking above $5070/oz, then falling below $5050/oz, ultimately dropping below $5000/oz, with a daily decline of 1.34%; New York futures gold also fell, dropping below $5020/oz, with a daily drop of 1.28% [6][7][8][9][10] - Spot silver faced similar pressure, falling below $81/oz, with a daily decline of 2.72%; New York futures silver also dropped, falling below $81/oz, with a daily decrease of 1.52% [11][12] Group 3 - Previously, precious metals surged due to geopolitical risks, with New York futures gold breaking above $5110/oz, gaining 2.62% in a day, and spot gold surpassing $5080/oz, increasing by 2.44% [13][14] - In the energy market, Brent crude futures rose over $1/barrel, surpassing $69/barrel, with a daily increase of 1.40%; WTI crude also broke above $64/barrel, with a daily rise of 0.72% following U.S. recommendations for ships to avoid Iranian waters [15][16][17] - The U.S. Maritime Administration issued a notice after the Strait of Hormuz incident, advising U.S. vessels to navigate close to Oman's territorial waters and avoid Iranian waters [18][19] Group 4 - In the U.S. stock market, major indices closed higher, with the Dow up 0.03%, Nasdaq rising 0.90%, and S&P gaining 0.45%; Microsoft increased over 3%, while Nvidia and Meta rose over 2%, and Apple fell over 1% [20] - The Nasdaq Golden Dragon China Index rose by 0.17%, with a mention of a company aiming for a rapid increase in stock price, which is considered reasonable in relation to futures gold price fluctuations [20]

Group 1 - Gold and silver prices surged sharply, with spot gold reaching $5040.88 per ounce, up 1.5%, and spot silver at $81.601 per ounce, up nearly 5% [1][2] - The market anticipates a weak U.S. employment report, which has increased expectations for a Federal Reserve interest rate cut. The Director of the National Economic Council, Kevin Hassett, confirmed the expectation of weak employment data, leading to a significant drop in the U.S. dollar index [2][3] Group 2 - A political crisis in the UK has impacted the financial markets, with the resignation of two senior officials from Prime Minister Starmer's office within 24 hours. This has led to a decline in the FTSE 100 index, which fell by 0.26%, and the British pound dropped 0.5% against the euro, reaching its lowest level since January 22 [4][5] - The yield on UK 10-year government bonds has risen, approaching the highest level since November of the previous year [5]