来源：市场资讯 （来源：今日金价行情） 11月29日银行、机构投资金银条报价（单位元/克） 银行/机构 金条名称 单位 销售价 涨跌 更新时间 建设银行 建设银行龙鼎金条 元/克 2025-11-28 08:41:25 中国银行 农业银行 农业银行传世之宝金条 元/克 2025-11-28 11:14:24 平安银行 中国银行金条 元/克 工商银行 工商银行如意金条 元/克 2025-11-28 09:16:30 和谐平安金条 元/克 2025-11-28 09:15:58 浦发银行 浦发银行投资金条 元/克 2025-11-28 08:37:54 上海黄金交易所 上海黄金交易所金条 元/克 953 2025-11-28 09:23:12 中国黄金 中国黄金投资金条 元/克 2025-11-28 08:42:01 金银街 投资银条 元/克 2025-11-27 11:47:47 宝泉钱币 2025-11-27 11:44:29 中钞国鼎 中钞国鼎基准银价 元/克 7.43 2025-11-28 09:00:29 斯尔沃银器 斯尔沃银器白银基价 元/克 宝泉钱币银条 元/克 12.2 2025-11-28 09 ...

Group 1 - The current international gold price is $4112.8 per ounce, with various domestic jewelry brands offering different prices for gold and platinum per gram [1][7] - The price of gold per gram ranges from 1086 yuan to 1236 yuan across different brands, while platinum prices vary from 364 yuan to 660 yuan [1][3][4] - The price of gold bars from major banks ranges from 989.3 yuan to 1033 yuan per gram, indicating a competitive market for gold investment products [10][14] Group 2 - The HSBC report predicts that the upward cycle of gold prices may continue until 2026, with a target price raised to $5000 per ounce, while Goldman Sachs also maintains a similar outlook [30] - The volatility in the precious metals market has led to significant losses for leveraged trading groups, with over $2 billion in long positions being liquidated due to margin calls [30] - Silver has shown remarkable performance with a year-to-date increase of over 80%, significantly outperforming gold, but it also exhibits greater price volatility [31]

Core Viewpoint - International gold prices have reached historical highs, driven by multiple factors including inflation data and market expectations of potential interest rate cuts by the Federal Reserve [2][4][6]. Price Movements - On August 29, gold futures in the U.S. peaked at $3,518.5 per ounce, while London gold reached $3,454 per ounce [2]. - Domestic gold prices also surged, with investment gold bars in China priced at 820 yuan per gram [2]. - For the week, gold prices increased approximately 2.86%, and in August, the total increase was 5.002%, marking the best monthly performance since April [4]. Influencing Factors - The recent inflation data showed a 2.9% year-on-year increase in the U.S. core personal consumption expenditure price index, which heightened expectations for a potential interest rate cut by the Federal Reserve [2][6]. - The market's confidence in the independence of the Federal Reserve has been shaken due to political challenges, leading to increased demand for gold as a safe-haven asset [6]. Future Expectations - Analysts predict that the Federal Reserve may cut interest rates once or twice this year, which would support commodity prices, including gold [8]. - Swiss Bank has raised its gold price target for the first half of 2026 to $3,700 per ounce, while analysts at Bank of America expect prices to reach $4,000 per ounce by the same period [8]. Market Sentiment - Current market sentiment suggests that the upward trend in gold prices may continue for several weeks, contingent on the Federal Reserve's actions regarding interest rates [9]. - However, there are concerns that the market has already priced in the potential impact of rate cuts, which could weaken the driving force behind gold's price increase [9]. Risks and Opportunities - Geopolitical risks, particularly related to the Ukraine crisis, are seen as significant factors that could lead to a decline in gold prices if tensions ease [9]. - The current high price of gold may lead to investor anxiety, prompting some to sell off their holdings, which could exert downward pressure on prices [10]. Investment Strategy - Investors are advised to adopt a rational approach, considering market dynamics and potential risks before making investment decisions [11]. - It is suggested to wait for lower entry points if geopolitical risks diminish, while maintaining a strategy to buy during price corrections within a defined trading range [11].

Group 1 - The core reason for the recent decline in gold prices is attributed to the aftermath of the Federal Reserve's aggressive interest rate hikes, which have increased the real interest rates of the dollar, diminishing the appeal of gold as a non-yielding asset [1] - Global risk aversion has decreased due to the easing of the Russia-Ukraine conflict and reduced recession expectations, leading to a shift of funds from gold to riskier assets like the stock market [1] - Central bank gold purchases have slowed down after record buying in 2022-2023, resulting in a stabilization of demand in 2024 [1] Group 2 - Short-term pressures on gold prices are expected, but it still holds long-term investment value, especially if the U.S. economy achieves a "soft landing," which may lead to continued price stabilization [2] - There is potential for a favorable shift in gold prices as the market anticipates a possible interest rate cut by the Federal Reserve in 2025, which could renew interest in gold as an inflation hedge [2] Group 3 - Ongoing geopolitical risks in regions like the Middle East and East Asia may lead to periodic surges in demand for gold as a safe-haven asset [3] Group 4 - For ordinary investors, a strategy of gradual accumulation is recommended to avoid single-sided bets, while aggressive investors should consider futures and ETFs but must manage leverage risks carefully [4] Group 5 - Five recommended legal gold trading platforms in China include the Shanghai Gold Exchange, which offers low transaction fees and supports physical delivery, making it suitable for long-term investors and institutions [6] - Bank channels like Industrial and Commercial Bank of China and China Construction Bank provide accessible gold investment options with low entry thresholds, ideal for beginners [6] - The Shanghai Futures Exchange offers high liquidity and supports both long and short positions in gold futures [7] - Digital platforms like Alipay and WeChat provide flexible investment options starting from 1 yuan, suitable for small-scale investors [9] - Other compliant platforms include China Gold Investment Gold Bars and various gold ETFs from Southern Fund and Guotai Junan [12] Group 6 - Investors should be cautious of high-risk traps, including offshore platforms that promise high leverage and zero fees, which often lead to unregulated gambling-like trading [13] - Virtual scams that lure investors through "gold trading groups" and manipulate data behind the scenes pose significant risks [14] - Non-licensed sales through certain P2P platforms have led to multiple failures, highlighting the importance of regulatory compliance [15]