贵金属早报 研究中心宏观团队 2025/10/10 价 格 表 现 品种 伦敦金 伦敦银 伦敦铂 伦敦钯 WTI原油 LME铜 最新 4019.25 49.71 1571.00 1235.00 - 10867.50 变化 193.95 3.53 -18.00 -22.00 - 485.50 品种 美元指数 欧元兑美元 英镑兑美元 美元兑日元 美国10年期TIPS 最新 - 1.16 1.33 - - 变化 - -0.02 -0.01 - - 交 易 数 据 日期 COMEX白银 库存 上期所白银 库存 黄金ETF持仓 白银ETF持仓 上金所白银 库存 上金所黄金 递延费支付方向 上金所白银 递延费支付方向 最新 - 1186.85 1013.44 - - 1 1 变化 - -5.43 0.56 - - 0.00 0.00 贵 金 属 比 价 免责声明: 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及建议内 容的客观、公正，研究方法专业审慎，分析结论合理，但公司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信息和建议不会 发生任何 ...

Group 1: Price Performance - London Gold's latest price is 3663.15 with no change [2] - London Silver's latest price is 42.24 with no change [2] - London Platinum's latest price is 1393.00, down 1.00 [2] - London Palladium's latest price is 1151.00, down 6.00 [2] - WTI Crude's latest price is 62.68 with no change [2] - LME Copper's latest price is 9998.50, up 36.00 [2] - US Dollar Index's latest value is 97.65 with no change [2] - Euro to US Dollar's latest exchange rate is 1.17 with no change [2] - British Pound to US Dollar's latest exchange rate is 1.35 with no change [2] - US Dollar to Japanese Yen's latest exchange rate is 147.97 with no change [2] - US 10 - year TIPS's latest value is 1.75 with no change [2] Group 2: Trading Data - COMEX Silver's latest inventory is 16299.57 with no change [3] - SHFE Silver's latest inventory is 1148.62, down 10.82 [3] - Gold ETF's latest holding is 1000.57, up 6.01 [3] - Silver ETF's latest holding is 15368.90, up 163.76 [3] - SGE Silver's latest inventory is 1248.26 with no change [3] - SGE Gold's latest deferred fee payment direction is 1, down 1.00 [3] - SGE Silver's latest deferred fee payment direction is 1 with no change [3]

Group 1: Price Performance - The latest prices of London Gold, London Silver, London Platinum, London Palladium, WTI Crude Oil, and LME Copper are 3343.85, 38.32, 1337.00, 1122.00, 63.96, and 9774.00 respectively, with changes of -20.55, -0.29, 1.00, -20.00, 1.31, and -68.00 [2] - The latest values of the US Dollar Index, Euro to US Dollar, British Pound to US Dollar, and US Dollar to Japanese Yen are 98.20, 1.16, 1.35, and 147.75 respectively, with changes of 0.42, -0.01, -0.00, and 0.37 [2] Group 2: Trading Data - The latest inventory of SHFE Silver is 1150.78, with a change of 15.68; the latest value of Gold ETF holdings is 961.36, with a change of -2.86; the latest value of Silver ETF holdings is 15071.31, with a change of -28.25 [3] - The deferred fee payment directions of SGE Silver and SGE Gold are both 1, with no change [3]

Price Performance - London Gold's latest price is 3383.75 with a change of 11.75 [1] - London Silver's latest price is 38.38 with a change of 0.60 [1] - London Platinum's latest price is 1322.00 with a change of 9.00 [1] - London Palladium's latest price is 1153.00 with a change of -28.00 [1] - WTI Crude's latest price is 63.88 with a change of -0.47 [1] - LME Copper's latest price is 9700.50 with a change of 35.50 [1] - The latest Dollar Index is 98.09 with a change of -0.14 [1] - The latest EUR/USD is 1.17 with a change of 0.00 [1] - The latest GBP/USD is 1.34 with a change of 0.01 [1] - The latest USD/JPY is 147.15 with a change of -0.21 [1] Trading Data - COMEX silver inventory's latest value is 15742.15 with a change of 4.28 [1] - SHFE silver inventory's latest value is 1150.34 with a change of -11.50 [1] - Gold ETF holdings' latest value is 959.09 with a change of 6.30 [1] - Silver ETF holdings' latest value is 15112.28 with no change [1] - The latest SGE gold deferred fee payment direction is 1 with a change of -1.00 [1] - The latest SGE silver deferred fee payment direction is 0.00 with no change [1]

Group 1 - The Federal Reserve is experiencing increasing policy divergence, with market expectations for a September rate cut at 56.2%, anticipating a 25 basis point reduction, while 41.2% believe rates will remain unchanged [3] - Several Federal Reserve officials have expressed differing views, with some adopting a hawkish stance and others leaning towards a rate cut within the year [3] - Federal Reserve Governor Waller has emerged as a leading internal candidate to succeed Powell as chairman, particularly given his clear support for rate cuts this year [3] Group 2 - Gold has been fluctuating within the range of 3375 to 3310, showing weak continuation in both bullish and bearish trends, with significant volatility observed [5] - After failing to break through the 3375 level, gold has experienced a substantial pullback to the support level of 3310, and is currently rebounding towards the 3370 mark [5] - The strategy for gold trading includes buying near 3330 with a target of 3345-3353 and selling near 3370 with a target of 3355-3345, indicating a cautious approach to market movements [6] Group 3 - Crude oil has faced pressure at the high of 78, dropping to the support level of 66, and has been in a weak consolidation phase below 70 [8] - There are signs of bottoming out within the 65-70 range, but confirmation of a reversal will require a breakout above the 70 level [8] - The current strategy suggests trading within the 66-70 range, with clear breakout points to follow for further trading decisions [8]

Price Performance - The latest price of London Platinum is $1084.00 with no change, and London Palladium is $992.00 with a decrease of $31.00. LME Copper's latest price is $9614.00 with an increase of $105.50 [2] - The latest value of the US Dollar Index is 98.98 with a decrease of 0.14, the Euro to US Dollar exchange rate is 1.14 with no change, the British Pound to US Dollar is 1.36 with no change, and the US Dollar to Japanese Yen is 142.84 with an increase of 0.27 [2] Trading Data - The latest inventory of SHFE Silver is 957.38, with a decrease of 3.26. The latest inventory of SGE Silver is 1574.34 with no change [3] - The SGE Gold's latest deferred fee payment direction is 2, and SGE Silver's is 1, both with no change [3]

Group 1: Price Performance - London Gold latest price is $3284.00, with a change of -$15.65 [1] - London Silver latest price is $32.73, with a change of -$0.43 [1] - London Platinum latest price is $1064.00, with a change of $39.00 [1] - London Palladium latest price is $1020.00, with a change of $24.00 [1] - WTI Crude latest price is $61.20, with a change of -$0.37 [1] - LME Copper latest price is $9523.00, with a change of -$52.50 [1] - US Dollar Index latest is 99.94, with a change of 0.34 [1] - Euro to US Dollar latest is 1.13, with a change of -0.01 [1] - British Pound to US Dollar latest is 1.34, with a change of -0.00 [1] - US Dollar to Japanese Yen latest is 144.02, with a change of 0.34 [1] - US 10 - year TIPS latest is 2.20, with a change of -0.03 [1] Group 2: Trading Data - COMEX Silver inventory latest is 15505.22, with a change of -65.12 [1] - SHFE Silver inventory latest is 949.20, with a change of 8.40 [1] - Gold ETF持仓 latest is 923.89, with a change of 4.01 [1] - Silver ETF持仓 latest is 14132.67, with a change of 77.77 [1] - SGE Silver inventory latest is 1574.34, with a change of 0.00 [1] - SGE Gold deferred fee payment direction latest is 2, with a change of 1.00 [1] - SGE Silver deferred fee payment direction latest is 1, with a change of 0.00 [1] Group 3: Other Information - The data sources of the above charts are Bloomberg, Yong'an Yuandian Information, and Wind [4]

Price Performance - London Gold price is 3235.40 with no change [4] - London Silver price is 32.02 with no change [4] - London Platinum price is 983.00, down 4.00 [4] - London Palladium price is 962.00, down 17.00 [4] - WTI Crude Oil price is 61.95 with no change [4] - LME Copper price is 9565.00, up 27.00 [4] - US Dollar Index is 101.81 with no change [4] - Euro to US Dollar is 1.11 with no change [4] - British Pound to US Dollar is 1.32 with no change [4] - US Dollar to Japanese Yen is 148.47 with no change [4] - US 10 - year TIPS is 2.16 with no change [4] Trading Data - COMEX Silver inventory is 15698.53 with no change [4] - SHFE Silver inventory is 932.18, up 7.23 [4] - Gold ETF持仓 is 936.51, down 2.58 [4] - Silver ETF持仓 is 13999.75, down 29.70 [4] - SGE Silver inventory is 1626.48 with no change [4] - SGE Gold deferred fee payment direction is 2 with no change [4] - SGE Silver deferred fee payment direction is 1, down 1.00 [4]

Price Performance - Latest price of London Gold is 3324.55 with a change of -27.75 [1][2] - Latest price of London Silver is 32.52 with a change of 0.09 [1][2] - Latest price of London Platinum is 986.00 with no change [1][2] - Latest price of London Palladium is 975.00 with a change of -8.00 [1][2] - Latest price of WTI Crude is 61.02 with a change of 1.11 [1][2] - Latest price of LME Copper is 9365.00 with a change of 1.50 [1][2] - Latest value of US Dollar Index is 100.42 with a change of -0.21 [2] - Latest exchange rate of Euro to US Dollar is 1.12 with no change [2] - Latest exchange rate of British Pound to US Dollar is 1.33 with a change of 0.01 [2] - Latest exchange rate of US Dollar to Japanese Yen is 145.37 with a change of -0.55 [2] - Latest value of US 10 - year TIPS is 2.08 with no change [2] Trading Data - Latest inventory of SHFE Silver is 934.46 with an increase of 2.48 [3] - Latest holding of Gold ETF is 937.94 with a decrease of 1.74 [3] - Latest holding of Silver ETF is 14020.96 with an increase of 62.22 [3] - Latest inventory of SGE Silver is 1640.07 with no change [3] - Latest deferred fee payment direction of SGE Silver and SGE Gold is 1 with no change [3]

Group 1: Price Performance - London Gold latest price is 3302.05, change is -3.00 [1] - London Silver latest price is 32.23, change is -1.00 [1] - London Platinum latest price is 987.00, change is -3.00 [1] - London Palladium latest price is 946.00, change is -9.00 [1] - WTI Crude latest price is 58.21, change is -2.21 [1] - LME Copper latest price is 9340.00, change is -57.50 [1] - US Dollar Index latest is 99.64, change is 0.43 [1] - Euro to US Dollar latest is 1.13, change is -0.01 [1] - British Pound to US Dollar latest is 1.33, change is -0.01 [1] - US Dollar to Japanese Yen latest is 143.06, change is 0.67 [1] - US 10 - year TIPS latest is 1.94, change is -0.02 [1] Group 2: Trading Data - COMEX Silver inventory latest is 15578.99, change is 55.29 [1] - SHFE Silver inventory latest is 959.69, change is 28.37 [1] - Gold ETF持仓 latest is 944.26, change is -2.87 [1] - Silver ETF持仓 latest is 14151.21, change is 21.21 [1] - SGE Silver inventory latest is 1682.93, change is 0.00 [1] - SGE Gold deferred fee payment direction latest is 2, change is 1.00 [1] - SGE Silver deferred fee payment direction latest is 1, change is 0.00 [1]