贵金属早报 研究中心宏观团队 2026/01/20 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 4666.85 93.01 2301.00 1755.00 59.44 12891.50 变化 55.80 2.21 -85.00 -51.00 0.00 43.00 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 99.04 1.16 1.34 158.13 1.91 变化 -0.33 0.00 0.00 0.06 0.00 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 13348.26 617.76 1085.67 16073.06 773.63 1 2 贵 金 属 比 价 升 贴 水 、 库 存 、 E T F 持 仓 变 化 以上图表数据来源：彭博、永安源点资讯、万得 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 ...

Price Performance - London Gold latest price is 4623.05, with a change of 10.10 [1] - London Silver latest price is 85.82, with a change of 1.75 [1] - London Platinum latest price is 2374.00, with a change of 92.00 [1] - London Palladium latest price is 1865.00, with a change of 32.00 [1] - WTI Crude latest price is 61.15, with a change of 1.65 [1] - LME Copper latest price is 13067.50, with a change of -125.50 [1] - US Dollar Index latest is 99.18, with a change of 0.29 [1] - Euro to US Dollar latest is 1.16, with a change of -0.00 [1] - British Pound to US Dollar latest is 1.34, with a change of -0.00 [1] - US Dollar to Japanese Yen latest is 159.17, with a change of 1.00 [1] Trading Data - COMEX Silver inventory latest is 13550.90, with a change of -56.41 [1] - SHFE Silver inventory latest is 630.07, with a change of -19.57 [1] - Gold ETF holdings latest is 1074.23, with a change of 3.43 [1] - Silver ETF holdings latest is 16321.16, with a change of -26.79 [1] - SGE Gold deferred fee payment direction latest is 2, with a change of 0.00 [1] - SGE Silver deferred fee payment direction latest is 2, with a change of 0.00 [1]

Price Performance - London Gold latest price is 4612.95, with a change of 119.10 [1] - London Silver latest price is 84.07, with a change of 5.93 [1] - London Platinum latest price is 2282.00, with a change of 65.00 [1] - London Palladium latest price is 1833.00, with a change of 114.00 [1] - WTI Crude latest price is 59.50, with a change of 0.38 [1] - LME Copper latest price is 13193.00, with a change of 320.00 [1] - US Dollar Index latest is 98.89, with a change of -0.24 [1] - Euro to US Dollar latest is 1.17, with a change of 0.00 [1] - British Pound to US Dollar latest is 1.35, with a change of 0.01 [1] - US Dollar to Japanese Yen latest is 158.16, with a change of 0.23 [1] Trading Data - COMEX Silver inventory latest is 13607.31, with a change of -70.15 [1] - SHFE Silver inventory latest is 649.64, with a change of 29.38 [1] - Gold ETF holdings latest is 1070.80, with a change of 6.24 [1] - Silver ETF holdings latest is 16347.95, with a change of 39.47 [1] - SGE Silver inventory latest is 818.51, with no change [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 2, with no change [1]

Price Performance - London Gold's latest price is 4429.35, with a change of -8.65 [1] - London Silver's latest price is 75.21, with a change of -3.78 [1] - London Platinum's latest price is 2298.00, with a change of -64.00 [1] - London Palladium's latest price is 1711.00, with a change of -62.00 [1] - WTI Crude's latest price is 57.76, with a change of 1.77 [1] - LME Copper's latest price is 12820.00, with a change of -300.50 [1] - The latest value of the US Dollar Index is 98.86, with a change of 0.12 [1] - The latest exchange - rate of Euro against US Dollar is 1.17, with a change of -0.00 [1] - The latest exchange - rate of British Pound against US Dollar is 1.34, with a change of -0.00 [1] - The latest exchange - rate of US Dollar against Japanese Yen is 156.87, with a change of 0.09 [1] Trading Data - COMEX Silver inventory's latest value is 13762.65, with a change of -101.33 [1] - SHFE Silver inventory's latest value is 637.65, with a change of 84.22 [1] - Gold ETF持仓's latest value is 1067.13, with no change [1] - Silver ETF持仓's latest value is 16215.43, with a change of 115.60 [1] - The latest value of the Shanghai Gold Exchange's silver inventory is not provided, and there is no change in the gold deferred - fee payment direction and a change of 0.00 in the silver deferred - fee payment direction [1]

Group 1: Price Performance - Latest prices of London Gold, London Silver, London Platinum, London Palladium, WTI Crude Oil, and LME Copper are 4337.05, 74.64, 2208.00, 1837.00, 58.08, and 12553.00 respectively, with changes of 0.00, 0.00, 0.00, 0.00, 1.34, and 420.00 [1] - Latest values of the US Dollar Index, Euro to US Dollar, British Pound to US Dollar, US Dollar to Japanese Yen, and US 10 - year TIPS are 98.00, 1.18, 1.35, 156.03, and 1.91 respectively, with changes of - 0.04, 0.00, 0.00, - 0.53, and 0.00 [1] Group 2: Trading Data - Latest COMEX silver inventory is 13969.43, with a change of - 18.67;上期所白银库存 is 796.74, with a change of - 22.69; gold ETF持仓 is 1071.99, with a change of 0.86; silver ETF持仓 is 16305.96, with a change of - 84.60;上金所白银库存 is 714.41, with a change of 0.00;上金所黄金递延费支付方向 is 1;上金所白银递延费支付方向 is 2 [1] Group 3: Data Source - The data in the above charts are from Bloomberg, Yong'an Yuandian Information, and Wind [4]

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core View - Not provided in the given content 3) Summary by Relevant Sections Price Performance - Latest prices: London Gold at 4090.25, London Silver at 50.04, London Platinum at 1554.00, London Palladium at 1396.00, LME Copper at 10779.50; Dollar Index at 99.62, Euro to US Dollar at 1.16, British Pound to US Dollar at 1.32, US Dollar to Japanese Yen at 154.13 [1] - Price changes: London Gold up 96.15, London Silver up 1.34, London Platinum down 8.00, London Palladium down 9.00, LME Copper up 64.50; Dollar Index up 0.07, Euro to US Dollar unchanged, British Pound to US Dollar unchanged, US Dollar to Japanese Yen up 0.71 [1] Trading Data - Latest inventory and持仓 data: COMEX Silver inventory at 14901.82, SHFE Silver inventory at 609.98, Gold ETF持仓 at 1042.06, Silver ETF持仓 at 15088.63, SGE Silver inventory at 905.24, SGE Gold deferred - fee payment direction at 1, SGE Silver deferred - fee payment direction at 2 [1] - Changes: COMEX Silver inventory down 31.46, SHFE Silver inventory down 13.07, Gold ETF持仓 unchanged, Silver ETF持仓 unchanged, SGE Silver inventory unchanged, SGE Gold deferred - fee payment direction down 1.00, SGE Silver deferred - fee payment direction unchanged [1] Data Sources - Data sources include Bloomberg, Yong'an Yuandian Information, and Wind [7]

Price Performance - The latest prices of London Gold, London Silver, London Platinum, London Palladium, WTI Crude Oil, and LME Copper are 3994.15, 48.18, 1604.00, 1421.00, 60.57, and 11042.00 respectively, with changes of -12.55, 0.00, 13.00, 28.00, 0.09, and -73.00 [1] - The latest values of the US Dollar Index, Euro to US Dollar, British Pound to US Dollar, US Dollar to Japanese Yen, and US 10 - year TIPS are 99.15, 1.16, 1.32, 152.74, and 1.78 respectively, with no changes [1] Trading Data - The latest COMEX silver inventory is 15027.13, with a change of -76.32; the latest SHFE silver inventory is 662.84, with a change of 9.01; the latest gold ETF持仓 is 1040.35, with a change of 4.30; the latest silver ETF持仓 is 15189.82, with a change of -19.75; the latest SGE silver inventory is 1108.07, with no change; the latest SGE gold deferred - fee payment direction is 1, with a change of -1.00; the latest SGE silver deferred - fee payment direction is 2, with no change [1] Other Information - The data sources for the above charts are Bloomberg, Yong'an Yuandian Information, and Wind [8]

Group 1: Price Performance - London Gold's latest price is 4019.25 with a change of 193.95 [1] - London Silver's latest price is 49.71 with a change of 3.53 [1] - London Platinum's latest price is 1571.00 with a change of -18.00 [1] - London Palladium's latest price is 1235.00 with a change of -22.00 [1] - LME Copper's latest price is 10867.50 with a change of 485.50 [1] - Euro to US Dollar's latest rate is 1.16 with a change of -0.02 [1] - British Pound to US Dollar's latest rate is 1.33 with a change of -0.01 [1] Group 2: Trading Data - SHFE Silver inventory is 1186.85 with a change of -5.43 [1] - Gold ETF持仓 is 1013.44 with a change of 0.56 [1] - SGE Gold deferred fee payment direction is 1 with a change of 0.00 [1] - SGE Silver deferred fee payment direction is 1 with a change of 0.00 [1]

Group 1: Price Performance - The latest price of London Gold is 3380.55 with a change of 12.30 [1] - The latest price of London Silver is 36.13 with no change [1] - The latest price of London Platinum is 1264.00 with a change of -12.00 [1] - The latest price of London Palladium is 1045.00 with a change of 4.00 [1] - The latest price of WTI Crude is 68.51 with a change of -5.33 [1] - The latest price of LME Copper is 9639.00 with a change of 68.00 [1] - The latest value of the US Dollar Index is 98.38 with a change of -0.38 [1] - The latest exchange rate of Euro to US Dollar is 1.16 with a change of 0.01 [1] - The latest exchange rate of British Pound to US Dollar is 1.35 with a change of 0.01 [1] - The latest exchange rate of US Dollar to Japanese Yen is 146.14 with a change of 0.03 [1] Group 2: Trading Data - The latest COMEX silver inventory is 15501.65 with a change of 90.90 [1] - The latest SHFE silver inventory is 1247.10 with a change of 16.87 [1] - The latest gold ETF持仓 is 957.40 with a change of 7.16 [1] - The latest silver ETF持仓 is 14950.99 with a change of 200.71 [1] - The latest SGE gold deferred fee payment direction is 1 with no change [1] - The latest SGE silver deferred fee payment direction is 1 with no change [1] Group 3: Others - The data sources for the above charts are Bloomberg, Yong'an Yuandian Information, and Wind [3]

Group 1: Price Performance - London Gold latest price is 3435.35, change is 43.95 [1] - London Silver latest price is 36.08, change is -0.10 [1] - London Platinum latest price is 1258.00, change is -11.00 [1] - London Palladium latest price is 1055.00, change is -17.00 [1] - WTI Crude latest price is 72.98, change is 4.94 [1] - LME Copper latest price is 9600.50, change is -79.50 [1] - US Dollar Index latest price is 98.15, change is 0.28 [1] - Euro to US Dollar latest price is 1.16, change is -0.00 [1] - British Pound to US Dollar latest price is 1.36, change is -0.00 [1] - US Dollar to Japanese Yen latest price is 144.10, change is 0.60 [1] - US 10 - year TIPS latest price is 2.13, change is 0.02 [1] Group 2: Trading Data - COMEX Silver inventory: latest data not available, change not available [1] - SHFE Silver inventory latest is 1210.06, change is -16.09 [1] - Gold ETF持仓 latest is 940.49, change is 2.58 [1] - Silver ETF持仓 latest is 14675.36, change is -53.72 [1] - SGE Silver inventory: latest data not available, change not available [1] - SGE Gold deferred fee payment direction latest is 1, change is -1.00 [1] - SGE Silver deferred fee payment direction latest is 1, change is -1.00 [1] Group 3: Other Information - The data sources of the above charts are Bloomberg, Yong'an Yuandian Information, and Wind [4]