天誉金号在合规与透明度方面优势明显，平台持有正规香港金融监管资质，并建立了严格的账户资金隔离制度，提高资金安全级别。交易系统支持手机与电 脑多终端同步，实时行情更新速度快，特别适合需要把握短线机会的用户。天誉金号在费用结构上也相对亲民，点差与手续费清晰公开，为新手投资者提供 了较为友好的入场环境。 下面 8 家平台从你给定的名单中随机抽取：（抽取结果：嘉信贵金属、富士金业、英伦金业、协联金业、百裕金业、星河金业、亚数金业、帝锋金业） 在全球资金持续寻找避险资产的背景下，伦敦金依旧是投资者关注的核心品种。选择一个合规、稳定、成本透明的伦敦金交易平台，往往比短期行情更重 要。为了帮助投资者做出更稳妥的选择，本篇文章结合监管牌照、系统性能、交易成本、客户服务等维度，对当前市场上的热门平台进行全方位评估，并精 选出 2025 年值得关注的十大伦敦金交易平台名单。 1、天誉国际 天誉国际长期深耕贵金属行业，以严谨的风控架构和稳定的交易技术受到大量投资者青睐。平台采用国际主流的 MT4系统，并设有多重流动性来源，使交 易执行更顺畅。天誉国际在行情波动剧烈时依旧保持低滑点率，适合策略型与短线型投资者。同时，其研究团队定期发 ...

贵金属早报 研究中心宏观团队 2025/11/24 | 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 | 4072.85 | 48.91 | 1545.00 | 1404.00 | 58.06 | 10675.50 | | 变化 | -17.75 | -1.94 | -12.00 | -4.00 | -0.94 | -83.50 | | 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 | 100.22 | 1.15 | 1.31 | 157.46 | 1.82 | | | 变化 | 0.00 | 0.00 | 0.00 | 0.00 | -0.04 | | 交 易 数 据 | 日期 | COMEX白银 | 上期所白银 | 黄金ETF持仓 | 白银ETF持仓 | 上金所白银 | 上金所黄金 | 上金所白银 | | --- | --- | --- | --- | - ...

4小时级别：金价在年均线附近多次获得支撑并形成下影线，这一形态表明下方买盘力量在关键位置开 始发力，一定程度上遏制了价格的持续下行。同时MACD指标此前死叉后绿柱动能逐步收窄，虽仍在零 轴下方运行，但空头力度明显减弱，意味着回调动能正在放缓，短期有企稳修复的可能。 小时线级别：金价此前承压于白色通道上轨4087美元后出现回落，上周五欧盘时段跌至4023美元，两次 下探红色通道下轨并形成"插针"形态，随后在4030-4070美元区间震荡整理。截至今日8时，伦敦金现报 4063美元附近波动，日内波动幅度极小，小时线走势相对平缓，多空双方暂时处于僵持状态，尚未形成 明确的方向突破。 另外，在全球风险资产抛售潮里，黄金的避险属性并未充分展现。在11月21日美股暴跌引发的全球资产 调整过程中，比特币日内跌幅超9%，原油价格也面临压力，现货黄金价格同样下跌0.4%。这反映出在 美元强势的大环境下，部分避险资金更倾向于流入美元资产，导致黄金的避险需求被分散，其短期价格 承受着较大压力。 【最新伦敦金行情解析】 今日周一（11月24日）亚盘时段，伦敦金现报4065.63美元/盎司，日内下跌9.33美元，跌幅0.23%，延续 ...

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 发生任何变化。且全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，客户应当自主做出期货交易决策，独立承担期货交 易后果，凡据此入市者，我公司不承担任何责任。未经公司授权，不得随意转载、复制、传播本网站中所有研究分析报告、行情分析视频等全 部或部分材料、内容。对可能因互联网软硬件设备故障或失灵、或因不可抗力造成的全部或部分信息中断、延迟、遗漏、误导或造成资料传输 或储存上的错误、或遭第三人侵入系统篡改或伪造变造资料等，我们均不承担任何责任。 贵金属早报 研究中心宏观团队 2025/11/21 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 4090.60 50.85 1557.00 1408.00 59.44 10759.00 变化 -36.35 -1.35 23.00 -3.00 0.00 17.00 ...

Price Performance - London Gold's latest price is 4126.95 with a change of 66.10 [1] - London Silver's latest price is 52.20 with a change of 1.90 [1] - London Platinum's latest price is 1534.00 with a change of -3.00 [1] - London Palladium's latest price is 1411.00 with a change of 26.00 [1] - WTI Crude's latest price is 60.74 with a change of 0.00 [1] - LME Copper's latest price is 10742.00 with a change of 60.00 [1] - US Dollar Index's latest value is 100.12 with a change of 0.53 [1] - Euro to US Dollar's latest rate is 1.15 with a change of -0.00 [1] - British Pound to US Dollar's latest rate is 1.31 with a change of -0.01 [1] - US Dollar to Japanese Yen's latest rate is 157.18 with a change of 1.66 [1] - US 10 - year TIPS's latest value is 1.85 with a change of 0.00 [1] Trading Data - COMEX Silver inventory's latest value is 14386.29 with a change of -93.47 [1] - SHFE Silver inventory's latest value is 547.69 with a change of -15.98 [1] - Gold ETF持仓's latest value is 1043.72 with a change of 2.29 [1] - Silver ETF持仓's latest value is 15226.88 with a change of 8.46 [1] - SGE Silver inventory's latest value is 830.31 with a change of 0.00 [1] - SGE Gold deferred fee payment direction's latest value is 2 with a change of 1.00 [1] - SGE Silver deferred fee payment direction's latest value is 1 with a change of -1.00 [1] Data Source - The data in the above charts are from Bloomberg, Yong'an Yuandian Information, and Wind [4]

Group 1: Price Performance - London Gold's latest price is 4060.85, with a change of -11.65 [2] - London Silver's latest price is 50.30, with a change of -0.76 [2] - London Platinum's latest price is 1537.00, with a change of 5.00 [2] - London Palladium's latest price is 1385.00, with a change of 0.00 [2] - WTI Crude's latest price is 60.74, with a change of 0.83 [2] - LME Copper's latest price is 10682.00, with a change of -130.00 [2] Group 2: Trading Data - Gold ETF's latest holding is 1041.43, with a change of 0.00 [3] - Shanghai Gold Exchange's silver deferred fee payment direction is 2, with a change of 0.00 [3] - Shanghai Gold Exchange's gold deferred fee payment direction is 1, with a change of 0.00 [3] Group 3: Other Information - The data sources of the above charts are Bloomberg, Yong'an Yuandian Information, and Wind [7]

Group 1: A-Share Market Review - The A-share market experienced high volatility, with the Shanghai Composite Index reaching a peak of 4034.08 points before closing at 3990.49 points, reflecting a significant fluctuation during the week [1][9] - The market's risk appetite slightly declined, as indicated by the equity risk premium (ERP) of 2.69%, which changed by 0.11 basis points during the week [1][9] - The performance of micro-cap stocks and the CSI 2000 index was notable, with weekly gains of 4.11% and 0.89% respectively, while the STAR 50 and ChiNext indices showed weaker performance with declines of -3.85% and -3.01% [13][17] Group 2: Global Equity Markets - Global equity markets mostly rose, with the French CAC, Brazilian IBOV, and Vietnamese exchanges leading the gains, recording weekly increases of 2.77%, 2.39%, and 2.27% respectively [2][26] - The U.S. stock market showed mixed results, with the Nasdaq underperforming, as concerns over inflation led to a decline in expectations for a December interest rate cut by the Federal Reserve [2][29] Group 3: Major Asset Classes - Commodity prices saw a comprehensive increase, with Brent crude oil rising by 1.19%, London gold by 1.93%, and LME copper by 1.47% [3][31] - The U.S.-China interest rate spread expanded, with both short and long-term U.S. Treasury yields rising, while the dollar index fell by 0.31% and the RMB appreciated by 0.33% [3][31] Group 4: Policy Events - Domestic economic data released indicated that new credit and social financing in October fell short of expectations, with new loans at 220 billion RMB against an expected 460 billion RMB [4][38] - The U.S. government ended a 43-day shutdown following the signing of a temporary funding bill by President Trump, which will provide funding until January 30, 2026 [4][38] - The Chinese government is expected to face challenges in maintaining economic growth, as investment in real estate, infrastructure, and manufacturing showed a general decline [4][38]

本我青中的信息均源于公元可获得的资料、国资税分为救困问事。但不对上达信息的准确性及完整性的任何保证、本者告不构成个人投资建议、也未分对个别投资者持放的投资目标、好多优规或票、投资 者需自行判断本报告中的任何意见或建议是否符合其特定状况。据北投资，责任章负。本报告仅向榜定客户推选，未到国资期货授权许可，任何引用、转载以及南第三京传播的行为收购成"国贸联货的景观 声 明 我司将视情况追究法律责任。 期市有风险,入市需谨慎。 II C E K E S 投资咨询业务资格:证监许可【2012】31号 ITG国贸期货 1）行情回顾：11月14日，沪金期货主力合约收跌0.29%至953.2元/克，沪镜期货主力合约收跌0.04%至1250元/于克。但周五夜盘、贵金属价格大幅下挫。伦敦金 一度跌破4050美元/盎司关口，沪金夜盘收跌2.53%至924.86元/克: 伦敦银跌幅一度超4%至60美元/盎司关口附近、沪银夜盘跌3.59%至11994元/千克。 同情况: 2）解析及短期展望：在美国关键经济数据持续缺失背景下，多位美联储官员发表偏鹰派言论，市场预测美联储12月降息概率低于50%，美债收益率回升，引发投资 ʊℓ腊微 者恐慌 ...

Core Insights - The article discusses the increasing interest of beginners in gold trading as a common investment method, emphasizing the need to understand its fundamental mechanisms to assess potential risks and opportunities [1] Group 1: Gold Trading Basics - Gold trading primarily involves buying and selling gold contracts to capture price fluctuations, allowing for capital appreciation without physical delivery [3] - The entry steps for beginners include understanding market drivers, selecting compliant platforms, and practicing through simulated trading [3][4] - The importance of gradual learning and risk awareness is highlighted for new investors before engaging in actual gold trading [3] Group 2: Market Dynamics and Recent Trends - In November 2025, significant policy changes and price fluctuations were observed in the gold trading market, particularly due to a new tax policy implemented by the National Taxation Bureau [4] - The new tax policy categorizes transactions into "investment" and "non-investment," aiming to enhance market transparency and compliance [4] - Gold prices experienced a "V" shaped rebound, influenced by macroeconomic factors such as U.S. Federal Reserve policies and geopolitical risks, with prices fluctuating around $4000 to $4200 per ounce [4][5] Group 3: Platform Selection and Compliance - Choosing a compliant trading platform is crucial for beginners, with emphasis on evaluating regulatory compliance and service efficiency [6] - The Hong Kong Gold Exchange is highlighted as a reputable institution, ensuring transaction transparency and efficient service [6] - Key considerations for platform selection include verifying membership numbers, assessing fund segregation mechanisms, and testing customer service responsiveness [9] Group 4: Trading Rules and Risk Management - Understanding trading rules and risk management is essential, with details on contract specifications, margin requirements, and trading hours provided [8] - Risk control measures, such as leverage management and transparent overnight interest rates, are emphasized to prevent significant losses [8] - The article suggests starting with small contract sizes and setting stop-loss prices to manage volatility effectively [8]

Group 1: Price Performance - London Platinum's latest price is $1580.00, with a change of -$12.00 [2] - London Palladium's latest price is $1439.00, with a change of -$7.00 [2] - LME Copper's latest price is $10963.00, with a change of $114.00 [2] - The latest value of the US Dollar Index is 99.18, with a change of -0.30 [2] - The latest exchange rate of Euro to US Dollar is 1.16, with a change of 0.00 [2] - The latest exchange rate of Pound to US Dollar is 1.32, with a change of 0.01 [2] - The latest exchange rate of US Dollar to Japanese Yen is 154.52, with a change of -0.29 [2] Group 2: Trading Data - COMEX Silver's latest inventory is 14815.08, with a change of -58.35 [3] - SHFE Silver's latest inventory is 584.01, with a change of 0.95 [3] - Gold ETF's latest holding is 1048.93, with a change of 2.29 [3] - Silver ETF's latest holding is 15173.28, with a change of 84.65 [3] - SGE Gold's latest deferred fee payment direction is 1, with a change of -1.00 [3] - SGE Silver's latest deferred fee payment direction is 2, with a change of 0.00 [3]