SPTAGUSDOZ.IDC 0.000 昨结 71.577 0.000 开盘 总量(kq) 0.00% 0.00 现手 0 0.000 最高价 0.000 持 仓 外 盘 0 0 最低价 增 仓 0.000 内 盘 0 0 高 76.428 结 0.000 = 量 0 振 8.39% 开 76.287 收 71.577 低 70.035 增 0 ------ 幅 -6.08% 仓0 = = 叠加 设均线 MA 5:74.211↑ 10:71.024↑ 20:65.889↑ 2025/12/31 87.182 71.577 -6.08% 67.915 《 | | 48.648 2-16 12-23 历史分明 2025-12-02 12-09 12-16 | < W | | | COMEX自银 | | | | | --- | --- | --- | --- | --- | --- | --- | | | SI.CMX | | | | | | | 70.980 | 昨结 | | 77.919 | 7 - 201 | | 76.065 | | -6.939 | -8.91% 总手 | | 14.48万 | 现手 | ...

美东时间2025年1 2月31日，美股2025年最后一个交易日交投清淡，三大指数在收跌中 为2025年画上句号。 截 至 收 盘 ， 道 指 跌 0.63% ， 报 48063.29 点 ； 标 普 500 指 数 跌 0.74% ， 报 6845.5 点 ； 纳 指 跌 0.76% ， 报 23241.99 点 ， 均 录 得 四 连 跌 。 拉 长 时 间 来 看 ， 2025 年全年，道指涨 12.97% ，标普 500 指数涨 16.39% ，纳指涨 20.36% ， 均 录得年线三连涨。 花旗集团美国股票策略主管斯科特 · 克罗内特认为，当前市场正处于 " 繁荣期 " 而 非 " 泡沫期 " 。展望新的一年，他基于强劲的盈利预期和即将出现的行业板块扩散态势， 对市场前景保持乐观。 2025年12月31日， 贵金属全线回调。纽约期金跌超1%，纽约期银更是大跌8.91%， 伦敦白银现货价格大跌6.08%，铂、钯均大跌。 伦敦银现 W SPTAGUSDOZ.IDC 0.000 昨结 0.000 开盘 总量(kg) 0.00 0.000 0.00% 现手 0 最高价 0.000 持 仓 外 0 0 最低价 ...

12月31日， 贵金属全线回调。纽约期金跌超1%， 纽约期银更是大跌8.91%，伦敦白银现货 价格大跌6.08% ，铂、钯均大跌。 上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限量发放！先到先得！ 【导读】白银暴跌！美股指收跌为 2025 画句号；库克出手增持，耐克股价大涨；离岸人民 币盘中再创 15 个月新高 美东时间 12 月 31 日，美股 2025 年最后一个交易日交投清淡，三大指数在收跌中为 2025 年画上句号。 截至收盘，道指跌 0.63% ，报 48063.29 点；标普 500 指数跌 0.74% ，报 6845.5 点； 纳指跌 0.76% ，报 23241.99 点，均录得四连跌。拉长时间来看， 2025 年全年，道指涨 12.97% ，标普 500 指数涨 16.39% ，纳指涨 20.36% ，均录得年线三连涨。 花旗集团美国股票策略主管斯科特 · 克罗内特认为，当前市场正处于 " 繁荣期 " 而非 " 泡 沫期 " 。展望新的一年，他基于强劲的盈利预期和即将出现的行业板块扩散态势，对市场前 景保持乐观。 消息面上，当地时间 2025 年 12 月 31 日 ...

【导读】白银暴跌！美股指收跌为2025画句号；库克出手增持，耐克股价大涨；离岸人民币盘中再创15 个月新高 中国基金报记者 伊万 白银暴跌 12月31日，贵金属全线回调。纽约期金跌超1%，纽约期银更是大跌8.91%，伦敦白银现货价格大跌 6.08%，铂、钯均大跌。 库克出手，耐克股价大涨 美东时间12月31日，美股2025年最后一个交易日交投清淡，三大指数在收跌中为2025年画上句号。 截至收盘，道指跌0.63%，报48063.29点；标普500指数跌0.74%，报6845.5点；纳指跌0.76%，报 23241.99点，均录得四连跌。拉长时间来看，2025年全年，道指涨12.97%，标普500指数涨16.39%，纳 指涨20.36%，均录得年线三连涨。 花旗集团美国股票策略主管斯科特·克罗内特认为，当前市场正处于"繁荣期"而非"泡沫期"。展望新的 一年，他基于强劲的盈利预期和即将出现的行业板块扩散态势，对市场前景保持乐观。 消息面上，当地时间2025年12月31日，著名投资人沃伦·巴菲特正式退休，卸任伯克希尔·哈撒韦首席执 行官职务。 据金融数据提供商Verity披露，苹果公司首席执行官蒂姆·库克同时担任这 ...

【导读】白银暴跌！美股指收跌为 2025 画句号；库克出手增持，耐克股价大涨；离岸人民币盘中再创 15 个月新高 白银暴跌 12月31日， 贵金属全线回调。纽约期金跌超1%， 纽约期银更是大跌8.91%，伦敦白银现货价格大跌6.08% ，铂、钯均大跌。 中国基金报记者 伊万 美东时间 12 月 31 日，美股 2025 年最后一个交易日交投清淡，三大指数在收跌中为 2025 年画上句号。 截至收盘，道指跌 0.63% ，报 48063.29 点；标普 500 指数跌 0.74% ，报 6845.5 点；纳指跌 0.76% ，报 23241.99 点，均录得 四连跌。拉长时间来看， 2025 年全年，道指涨 12.97% ，标普 500 指数涨 16.39% ，纳指涨 20.36% ，均录得年线三连涨。 花旗集团美国股票策略主管斯科特 · 克罗内特认为，当前市场正处于 " 繁荣期 " 而非 " 泡沫期 " 。展望新的一年，他基于强劲的盈利 预期和即将出现的行业板块扩散态势，对市场前景保持乐观。 消息面上，当地时间 2025 年 12 月 31 日，著名投资人沃伦 · 巴菲特正式退休，卸任伯克希尔 · 哈撒韦首席 ...

欢迎分享给你的朋友！ 出品 | 中国能源报（c n e n e rg y） 责编 | 李慧颖 纽约白银期货和伦敦白银现货价格狂飙后跳水。 1 2月29日，本周第一个交易日亚洲交易时段，贵金属价格波动加剧，纽约白银期货和伦 敦白银现货价格均涨破每盎司80美元整数关口，再创盘中新高，随后价格短线跳水，伦敦 白银现货价格由涨超5%转为跌超2%。近期，白银价格快速上涨过程中包含大量投机头 寸，短期大幅波动的风险较大。 来源：央视财经微信公众号 End ...

12月22日盘中，沪银期货主力合约遭遇一波急速上涨，最低下探至16282.00元。截止发稿，沪银主力合 约报16075.00元，涨幅5.18%。 国信期货：贵金属板块短期仍有望维持偏强走势 展望后市，贵金属板块短期仍有望维持偏强走势，但需警惕价格在连续大幅上涨后波动性显著加剧的风 险。技术面上，金银方面，沪金主力合约支撑参考960元/克附近，阻力关注990元/克附近；沪银主力合 约支撑关注15300元/千克附近，上方阻力看向16000元/千克附近。建议维持轻仓波段思路，以灵活应对 市场波动。 兴业期货：沪银02合约前多配合止盈线持有 COMEX交割大月再度加剧现货偏紧矛盾，伦敦白银现货三个月租赁利率已升至7.25%。商品属性与金 融属性利多共振，使得白银上涨弹性依然高于黄金。但短线从技术面看，白银做多策略拥挤度已较高， 以ETF为代表的投资资金趋于谨慎。策略上，沪银02合约前多配合止盈线持有，新单暂时观望。 中财期货：贵金属价格中枢仍有上行空间 美国12月密歇根大学消费者信心指数、11月成屋销售年化环比增长不及预期，利多金银，12月一年期通 胀率预期终值超预期，利空金银，整体看，利多金银。虽然日本央行加息，但 ...

1. Report Industry Investment Rating No information provided in the report. 2. Core View The report indicates that the Fed's expected rate cut in December, global debt expansion, central bank gold - buying, and geopolitical risks are likely to support precious metal prices in the medium - to - long - term. However, the high price of platinum may curb downstream demand, and the supply - demand situation of lithium is expected to shift from tight to loose, which may lead to price adjustments for both [1]. 3. Summary by Related Catalogs 3.1 Precious Metal Market Data - **Gold**: Shanghai gold futures' closing price was 958.27 yuan/gram, with a change of 7.56 compared to the previous day and - 2.27 compared to the previous week. International gold's COMEX futures active contract closing price was 4227.70 dollars/ounce, with a change of - 10.20 compared to the previous day and 31.60 compared to the previous week [1]. - **Silver**: Shanghai silver futures' closing price was 13687.00 yuan/ten - grams, with a change of 263.00 compared to the previous day and 409.00 compared to the previous week. International silver's COMEX futures active contract closing price was 58.80 dollars/ounce, with a change of 1.27 compared to the previous day and 5.04 compared to the previous week [1]. 3.2 Important Information - China's gold reserves at the end of November were reported at 74.12 million ounces (about 2305.39 tons), a month - on - month increase of 30,000 ounces (about 0.93 tons), marking the 13th consecutive month of increase [1]. - The Fed's favored inflation indicator, the September core PCE index, increased by 2.8% year - on - year, in line with expectations, and real personal spending stagnated. US consumer confidence ended a four - month decline, and short - term inflation expectations dropped to the lowest point at the beginning of the year [1]. 3.3 Multi - and Short - Logic - **Gold and Silver**: The mixed performance of the US economic and employment data, along with some Fed officials' support for a December rate cut, keeps the probability of a December rate cut above 80%. Fiscal easing policies in multiple countries lead to expectations of debt expansion and fiscal deficit growth, and central banks' continuous gold - buying, along with geopolitical risks, may support precious metal prices in the medium - to - long - term [1]. - **Platinum**: High mining costs, unstable power supply, and aging equipment limit platinum production, while increased demand from traditional fuel and hybrid vehicles due to stricter emission standards and optimistic demand from other industries lead to a tight global platinum supply - demand situation in 2025 - 2026. However, high platinum prices may curb downstream demand [1]. - **Lithium**: Supply is affected by deep - mine mining, power shortages, etc., but increased recycling is expected. Demand from the automotive industry is expected to decline, while demand from other industries has low elasticity. The global lithium supply - demand situation is expected to shift from tight to loose in 2025 - 2026 [1]. 3.4 Trading Strategies - **Gold and Silver**: When prices decline, it is advisable to go long. For London gold, pay attention to support levels around 3900 - 4100 and resistance levels around 4300 - 4600; for Shanghai gold, support levels are around 890 - 920 and resistance levels are around 970 - 1000. For London silver, support levels are around 49 - 54 and resistance levels are around 59 - 63; for Shanghai silver, support levels are around 12500 - 15000 and resistance levels are around 14000 - 15000 [1]. - **Platinum**: Temporarily stay on the sidelines for single - side trading. Hold "long platinum, short palladium" positions cautiously. For London platinum, pay attention to support levels around 1300 - 1500 and resistance levels around 1800 - 2000; for domestic platinum, support levels are around 335 - 385 and resistance levels are around 465 - 516 [1]. - **Lithium**: Temporarily stay on the sidelines for single - side trading. For London lithium, pay attention to support levels around 1190 - 1390 and resistance levels around 1600 - 1800; for domestic lithium, support levels are around 305 - 357 and resistance levels are around 415 - 465 [1].

Report Industry Investment Rating - Not provided in the content Core Viewpoints - Global debt inflation expectations support precious metal prices. The probability of the Fed cutting interest rates in December is still over 80%, and multiple countries' governments have introduced fiscal easing policies, leading to expectations of debt expansion and fiscal deficit growth. Central banks of many countries are continuously buying gold, and geopolitical risks are likely to support precious metal prices in the long - and medium - term [1] - The global platinum supply - demand outlook for 2025 - 2026 is expected to be tight, but high platinum prices may suppress downstream demand and cause price adjustments [1] - The global lithium supply - demand outlook for 2025 - 2026 may change from tight to loose, and multiple factors may cause lithium price adjustments [1] Summary by Related Catalogs Precious Metal Market Data - **Gold**: Shanghai gold futures closing price on 2025 - 12 - 01 was 961.04 yuan/gram, with a change of - 2.24 compared to the previous day and 7.62 compared to the previous week; trading volume on 2025 - 12 - 04 was 237,697.00; inventory on 2025 - 12 - 01 was 91,299.00 (in ten - grams). COMEX gold futures closing price on 2025 - 12 - 04 was 4,237.90 dollars/ounce, with a change of - 10.20 compared to the previous day and 31.60 compared to the previous week; trading volume on 2025 - 12 - 05 was 190,889.00; inventory on 2025 - 12 - 01 was 36,310,675.24 (in troy ounces). London gold spot price on 2025 - 12 - 04 was 4,200.60 dollars/ounce [1] - **Silver**: Shanghai silver futures closing price on 2025 - 12 - 01 was 13,687.00 yuan/ten - grams, with a change of 263.00 compared to the previous day and 409.00 compared to the previous week; trading volume on 2025 - 12 - 04 was 2,703,384.00; inventory on 2025 - 12 - 01 was 687,956.00 (in ten - grams). COMEX silver futures closing price on 2025 - 12 - 04 was 53.76 dollars/ounce, with a change of 1.27 compared to the previous day and 5.04 compared to the previous week; trading volume on 2025 - 12 - 05 was 5,227.00; inventory on 2025 - 12 - 01 was 457,220,650.80 (in troy ounces). London silver spot price on 2025 - 12 - 04 was 57.57 dollars/ounce [1] Important Information - China's gold reserves at the end of November were reported at 74.12 million ounces (about 2,305.39 tons), a month - on - month increase of 30,000 ounces (about 0.93 tons), marking the 13th consecutive month of increase [1] - The Fed's favored inflation indicator, the September core PCE index, increased by 2.8% year - on - year, generally in line with expectations, and real personal spending stagnated. US consumer confidence ended a four - month decline, and short - term inflation expectations dropped to the lowest level at the beginning of the year [1] Trading Strategies - **Gold and Silver**: Buy on price dips. For London gold, focus on the support level around 3,900 - 4,100 and the resistance level around 4,300 - 4,600; for Shanghai gold, focus on the support level around 890 - 920 and the resistance level around 970 - 1,000. For London silver, focus on the support level around 49 - 54 and the resistance level around 59 - 63; for Shanghai silver, focus on the support level around 12,500 - 15,000 and the resistance level around 14,000 - 15,000 [1] - **Platinum**: Temporarily stay on the sidelines for single - sided trading, and cautiously hold "long platinum, short palladium" long positions. For London platinum price, focus on the support level around 1,300 - 1,500 and the resistance level around 1,800 - 2,000; for domestic platinum price, focus on the support level around 335 - 385 and the resistance level around 465 - 516 [1] - **Lithium**: Temporarily stay on the sidelines for single - sided trading. For London lithium price, focus on the support level around 1,190 - 1,390 and the resistance level around 1,600 - 1,800; for domestic lithium price, focus on the support level around 305 - 357 and the resistance level around 415 - 465 [1]

1. Report Industry Investment Rating No relevant information provided. 2. Core View of the Report The negative weekly new employment figures from the US ADP private - sector, upcoming US economic data, Japan's economic stimulus plan, the weakening of digital currency prices, global debt expansion, fiscal deficit expectations, and geopolitical risks may support the rebound of precious metal prices in the short - term and provide medium - to long - term support [1]. 3. Summary by Relevant Catalogs 3.1 Precious Metal Market Data - **Shanghai Gold**: The closing price was 930.22 yuan/gram, with a change of - 28.76 yuan compared to the previous period. The trading volume was - 22,326.00, and the inventory was 90,426.00 (in ten - gram units) [1]. - **Shanghai Silver**: The closing price was 11,697.00 yuan/ten - gram, with a change of - 273.00 yuan. The trading volume was 623,148.00, and the inventory was 563,671.00 (in ten - gram units) [1]. - **COMEX International Gold**: The closing price of the active contract was 4067.40 dollars/ounce, with a change of 22.30 dollars. The trading volume was 231,322.00, and the inventory was 37,224,744.19 (in troy ounces) [1]. - **COMEX International Silver**: The closing price of the active contract was 50.54 dollars/ounce, with a change of 0.13 dollars. The trading volume was 75,851.00, and the inventory was 465,535,121.46 (in troy ounces) [1]. 3.2 Important Information - The number of initial jobless claims in the US for the week ending October 18 was 232,000. The average weekly reduction in private - sector employment in the US for the four - week period ending November 1 was 2,500 [1]. - Trump has selected candidates for the Fed chair, and the US Treasury Secretary said the candidates have been narrowed down to five [1]. 3.3 Long - Short Logic - The negative weekly new employment figures from the US ADP private - sector, the uncertainty of future expectations due to upcoming US economic data, Japan's economic stimulus plan, and the weakening of digital currency prices may lead to a rebound in precious metal prices [1]. - Global debt expansion, fiscal deficit expectations, and geopolitical risks will support precious metal prices in the medium - to long - term [1]. 3.4 Trading Strategy - In the short - term, lightly go long on the main contracts at low prices. For London gold, pay attention to the support level around 3850 - 3950 and the resistance level around 4180 - 4384. For Shanghai gold, focus on the support level around 870 - 890 and the resistance level around 960 - 1000. For London silver, note the support level around 38 - 45 and the resistance level around 52 - 55. For Shanghai silver, pay attention to the support level around 10,000 - 11,000 and the resistance level around 12,400 - 13,000 [1].