Group 1 - The precious metals sector increased by 1.77% on January 6, with Hunan Silver leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up 1.5%, while the Shenzhen Component Index closed at 14022.55, up 1.4% [1] - Hunan Silver's closing price was 8.06, reflecting a rise of 5.91%, with a trading volume of 3.8179 million shares [1] Group 2 - The main funds in the precious metals sector experienced a net outflow of 329 million yuan, while retail investors saw a net inflow of 313 million yuan [1] - The table of fund flows indicates that retail investors contributed significantly to the net inflow, contrasting with the outflows from main and speculative funds [2] - Hunan Silver had a net outflow of 18.8844 million yuan from main funds but a net inflow of 98.5667 million yuan from speculative funds [2]

1月6日，A股、港股延续"开门红"行情继续走高，沪指罕见13连阳刷新纪录。黄金白银续演超牛行情，白银大涨超3%，黄金站上4460美 元。 沪指罕见13连阳 商业航天、脑机接口概念狂飙 具体来看，A股三大指数高开高走，截至收盘，上证指数收涨1.5%，实现13连阳，创出史上最长连阳纪录，创逾10年新高。 全市场逾4100股上涨，其中有143只个股涨停，连续两日超百股涨停。沪深两市成交额2.83万亿元，创逾三个月新高。 | 上证指数 | 深证成指 | 科创综指 | | --- | --- | --- | | 4083.67 | 14022.55 | 1720.41 | | +60.25 +1.50% | +193.92 +1.40% | +24.57 +1.45% | | 万得全A | 创业板指 | 北证50 | | 6641.77 | 3319.29 | 1493.04 | | +103.82 +1.59% +24.74 +0.75% +26.62 +1.82% | | | | 沪深300 | 中证500 | 中证A500 | | 4790.69 | 7814.14 | 5860.20 | | +72.95 +1 ...

Group 1 - The silver market has reached a critical level with the Relative Strength Index (RSI) hitting 93.86, the highest since January 1980, indicating an overheated market [1] - Silver futures closed at 18,131 CNY per kilogram on December 25, 2025, with a daily increase of 5.50%, reflecting multiple instances of significant daily fluctuations throughout December [1] - The precious metals market is experiencing unprecedented growth, with gold prices surpassing $4,400 per ounce and silver's annual increase nearing 150% [3] Group 2 - The surge in precious metals is driven by a shift in global monetary policy, with the Federal Reserve completing three rate cuts totaling 175 basis points in 2025, leading to a lower opportunity cost for holding non-yielding assets like gold and silver [3] - Geopolitical risks, including tensions in the Middle East and escalating conflicts in Europe, have added a strong safe-haven premium to precious metals [3] - Central banks, including the People's Bank of China, have been increasing their gold reserves, with China adding over 41 tons in the past 13 months, contributing to a global gold ETF holding nearing 4,000 tons [3] Group 3 - The imbalance in supply and demand is a key factor for silver's leadership in the market, with industrial demand rising by 15% due to a 30% increase in global photovoltaic installations, while supply has faced a shortfall of 187.6 million ounces [4] - The capital market's influx of funds has amplified the price surge, with the China Universal Silver Futures LOF fund seeing a premium of 45% over its net asset value [4] - Regulatory measures have been implemented to curb excessive speculation in the silver futures market, including trading limits and increased transaction fees [5] Group 4 - The soaring prices of precious metals are beginning to suppress consumer demand, with rising costs affecting purchasing decisions for items like platinum jewelry [7] - There are significant divergences in predictions for the precious metals market in 2026, with forecasts for gold prices ranging from $4,900 to over $5,000 per ounce, and some predictions suggesting gold could reach $10,000 [7] - Analysts caution that the current market dynamics are driven more by sentiment and capital flows rather than solid supply-demand fundamentals, indicating potential risks for a rapid price correction [9]

沪指罕见13连阳 商业航天、脑机接口概念狂飙 1月6日，A股、港股延续"开门红"行情继续走高，沪指罕见13连阳刷新纪录。黄金白银续演超牛行情，白银大涨超3%，黄金站上4460美 元。 具体来看，A股三大指数高开高走，截至收盘，上证指数收涨1.5%，实现13连阳，创出史上最长连阳纪录，创逾10年新高。 全市场逾4100股上涨，其中有143只个股涨停，连续两日超百股涨停。沪深两市成交额2.83万亿元，创逾三个月新高。 板块方面，商业航天概念全天强势，十余只成分股涨停，鲁信创投（600783）8天6板，北斗星通（002151）、中国卫通（601698）6天4 板，金风科技（002202）走出7天3板。 分析：与AI竞赛夺关键资源趋势相关 有色金属板块表现活跃，洛阳钼业（603993）、紫金矿业（601899）等多股创历史新高，其中紫金矿业涨逾6%，总市值突破万亿元。 在牛市氛围下，登云股份（002715）（002715.SZ）开盘即遭遇跌停，总市值较前一交易日大幅缩水，为当前A股市场唯一非ST跌停股。消 息面上，登云股份1月5日晚间公告称，公司实际控制人杨涛被逮捕，其涉嫌罪名为非法吸收公众存款罪。 港股方面，截至1 ...

Core Insights - Gold prices have risen to $4,450 per ounce due to heightened geopolitical tensions surrounding Venezuela and increased demand for safe-haven assets [1][2] - The overall demand for precious metals remains strong, with silver prices also increasing [1] - Platinum is testing resistance levels between $2,245 and $2,265, indicating active market performance [1] Group 1: Market Dynamics - The market is closely monitoring the situation in Venezuela, which is influencing the demand for precious metals [1][3] - The dovish comments from Federal Reserve officials have raised expectations for interest rate cuts, further supporting gold prices [2] - Investors anticipate at least two interest rate cuts this year, which could enhance the appeal of non-yielding assets like gold and silver [2] Group 2: Technical Analysis - If gold can maintain levels above $4,450, it may target the next resistance level at $4,540 to $4,550 [3] - Silver has gained strong upward momentum, with a potential breakout above the resistance zone of $77.50 to $78.00, which could lead to further gains towards $83.50 to $84.00 [3] - Platinum's current testing of the $2,245 to $2,265 resistance level could lead to further upward movement towards $2,510 to $2,530 if successful [3]

股票研究 /[Table_Date] 2026.01.06 地缘局势增加供给不确定性 [Table_Industry] 有色金属 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 李鹏飞(分析师) | 010-83939783 | lipengfei2@gtht.com | S0880519080003 | | 魏雨迪(分析师) | 021-38674763 | weiyudi@gtht.com | S0880520010002 | | 刘小华(分析师) | 021-38038434 | liuxiaohua@gtht.com | S0880523120003 | | 王宏玉(分析师) | 021-38038343 | wanghongyu@gtht.com | S0880523060005 | | 梁琳(分析师) | 021-23185845 | lianglin@gtht.com | S0880525070014 | | 李阳(分析师) | 021-23185618 | liyang7@gtht.com | S088052 ...

多名美国国会官员4日批评美政府未向国会就对委军事行动进行说明，违反美国法律。美国国会参议院 民主党领袖查克.舒默4日表示，美国政府未经国会授权就采取军事行动，完全违反了法律。参议院拨款 委员会国防小组委员会高级委员克里斯.孔斯4日指出，美国政府并未向委员会说明行动计划，且对后续 事项"毫无明确规划"。 【机构观点】 贵金属市场呈现震荡偏强格局，但持续上行动能有限，短期多空因素交织下难现单边趋势。一方面，地 缘政治风险持续为贵金属提供支撑。委内瑞拉局势近期再度紧张，美国对部分产油国及主要贸易伙伴的 制裁威胁与外交施压不断，加剧了全球政治经济环境的不确定性，促使部分避险资金流入黄金等传统安 全资产。然而，上行空间亦受到明显制约。当前美元指数表现强劲，主要得益于美国与非美经济体货币 政策周期的差异，美联储维持相对鹰派的立场令美元资产吸引力上升。强势美元通常对以美元计价的贵 金属价格构成直接压力，这在一定程度上抵消了避险需求带来的提振效果。综合来看，短期内地缘政治 紧张情绪对价格的正面影响占据主导，贵金属走势或维持偏强震荡。但美元走强的压制效应不容忽视， 市场缺乏明确的趋势性驱动因素，预计将维持高位盘整格局，上行与下 ...

来源：中国青年报 中国青年报客户端讯（中青报·中青网记者 贾晓静）美国突袭委内瑞拉并抓捕其总统马杜罗的事件，在 新年伊始向市场注入了强烈的地缘政治风险。受此影响，避险资产需求激增，国际金价、银价大幅走 高，欧洲国防类股票也应声上涨。 当地时间2026年1月3日，美国纽约，民众在曼哈顿街头举行示威游行，抗议美国军队逮捕委内瑞拉总统 尼古拉斯·马杜罗及其夫人西莉亚·弗洛雷斯。视觉中国供图 来源：中国青年报客户端 市场交易数据显示，纽约商品交易所2月交割的黄金期货价格1月5日盘中一度飙升逾3%，3月交割的白 银期货价格涨幅更是一度超过7%。有分析人士认为，地缘政治不稳定将继续成为今年黄金等避险资产 价格走势的关键驱动因素。 虽然特朗普近日宣称将开发委内瑞拉石油资源，并表示美国将"管理这个国家直至实现审慎的政权过 渡"，但行业专家向BBC表示，此举对全球能源价格的即时影响可能有限。专家指出，修复委内瑞拉已 衰败的石油基础设施需要投入数十亿美元和漫长的时间。 值得关注的是，地缘政治紧张局势也波及股市相应板块。由于投资者对美国行动作出快速反应，欧洲国 防类股票在1月5日大幅上扬。其中，英国航空航天系统公司股价上涨5%，德 ...

来源：赛博AI实验室 本文基于以下微博话题的智搜结果生成 2026年1月5日，国际金价单日大涨近3%至4451.50美元/盎司，白银期货同步暴涨7.94%至76.657美元/盎 司，地缘冲突激化与美联储降息预期共振触发市场避险需求集中释放。 一、核心价格动态 关键数据 桶），动荡加剧原油供应不确定性。 货币政策预期转向 市场押注美联储2026年将降息约50基点，美元指数跌至三年低位，持有无息黄金的机会成本降低。全球 央行连续13个月增持黄金（2025年中国央行增持7412万盎司），实物买盘形成价格托底。 白银供需结构特殊性 白银兼具金融与工业属性： 黄金：纽约商品交易所（COMEX）黄金期货收盘价4451.50美元/盎司，单日涨幅2.82%；现货黄金突破 4400美元关口，日内最高触及4422美元/盎司。 白银：COMEX白银期货暴涨7.94%至76.657美元/盎司，单日涨幅创近期新高。 国内市场传导：周大福、老庙黄金等品牌足金首饰报价单日跳涨12-18元/克，突破1389元/克，部分定价 类金饰（如转运珠）涨幅达200-1500元。 二、上涨核心动因 地缘政治风险激化避险情绪 美国1月3日对委内瑞拉发起军 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 继昨日A股实现新年"开门红"行情，1月6日沪指再次刷新十年高点，盘中涨幅接近1%。现货指数出 现"破顶"，沪深300、上证50、中证500、中证1000均刷新2025年高点，市场表现价涨量增。行业板块出 现普涨行情，保险、券商"大象起舞"拉动上证50指数站稳3100点，内外盘科技板块同步上涨，脑机接 口、半导体等大幅领涨，叠加贵金属、有色受地缘事件影响延续涨势，中证500和中证1000涨幅居前。 资金来看，昨日两市全天成交2.55万亿，大幅放量5011亿，另外近期人民币不断升值，后续或持续吸引 外资流入。接下来进入年报披露期，持续关注高成长的大科技成长板块，股指短期或偏强震荡。 行业政策持续加码，昨日政策端印发《关于实施绿色消费推进行动的通知》，加快消费模式绿色转型， 在大宗商品消费方面，提及做强汽车产业链，支持发展房车露营、汽车影院、自驾游等新型消费。宏观 方面，短期关注货币政策和财政政策是否进一步宽松。整体来看，春季躁动行情仍需要一定的条件，对 小盘指数而言，需要政策边际放宽流动性；对大盘而言，需要通胀预期的持续改善。 热点栏目 自选股 数 ...