| | | | 貴金属早报 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 研究中心贵金属团队 2026/03/02 | | | 价 格 表 现 | | | ODO BOURCE POINT | | ODO BEAURCE POINT | | | | 品种 | 伦敦金 | 伦敦银 | | 伦敦铂 | 伦敦锂 | WTI原油 | LME铜 | | 最新 | 5222.30 | 89.98 | | 2255.00 | 1769.00 | 67.02 | 13458.00 | | 変化 | 54.95 | 3.55 | | -68.00 | -63.00 | 1.81 | 132.50 | | 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 | 97.64 | 1.18 | | 1.35 | 156.09 | | | | 変化 | -0.14 | 0.00 | | 0.00 | -0.04 | | | | 交易数据 | | | | | | | | | ...

a Keet A 研究中心宏观团队 2026/02/27 价 格 表 现 伦敦锂 品种 伦敦金 伦敦银 伦敦铂 WTI原油 LME铜 5191.55 2323.00 1832.00 13325.50 最新 90.71 65.42 变化匾点资 0.00 匾点 185.00 105.00 0.00 37.00 0.00 度H 美国10年期TIPS 欧元兑美元 英镑兑美元 美元兑日元 品种 美元指数 最新 97.66 1.18 1.36 156.37 1.77 变化 0.00 0.00 0.00 0.00 0.00 交 易 数 据 COMEX白银 上期所白银 上会所自银 上金所黄金 上金所自银 白银ETF持仓 黄金ETF持仓 日期 n New 递延费支付方向 递延费支付方向 库存 库存 RCE 库存 最新 1097.90 16079.74 11254.62 346.37 493.67 2 1 | 4 3 17 | E | HS | 10 | | --- | --- | --- | --- | | Ea 5 | | | | 总贸H ● 黄金原油比价 ● 黄金铜比价 (右轴) 140 0.4 120 0.35 100 ...

最重量 研究中心宏观团队 2026/02/26 价 格 表 现 伦敦锂 品种 伦敦金 伦敦银 伦敦铂 WTI原油 LME铜 2145.00 1751.00 13288.50 最新 5191.40 86.94 65.63 变化匾点资 0.00 匾点 87.00 93.00 0.00 227.00 0.00 度H 美元兑日元 美国10年期TIPS 美元指数 欧元兑美元 英镑兑美元 品种 155.90 最新 97.89 1.18 1.35 1.78 变化 0.00 0.00 0.00 0.00 0.00 交 易 数 据 COMEX白银 上期所白银 上会所自银 上金所黄金 上金所自银 黄金ETF持仓 白银ETF持仓 日期 n New 递延费支付方向 库存 库存 RCE 递延费支付方向 库存 最新 355.83 1097.62 16079.74 11321.67 493.67 2 2 | | | n Beath ● 黄金原油比价 ● 黄金铜比价 (右轴) 140 0.4 120 0.35 100 0.3 80 60 0.25 40 0.2 20 0 0.15 2017-01-03 2019-06-12 2021-11- ...

Group 1: Price Performance - London Gold's latest price is 5191.40 with a change of 196.45 [1] - London Silver's latest price is 86.94 with a change of 9.59 [1] - London Palladium's latest price is 2058.00 with a change of -51.00 [1] - WTI Crude's latest price is 66.31 with a change of 3.42 [1] - LME Copper's latest price is 13061.50 with a change of 167.00 [1] - US Dollar Index's latest value is 97.74 with a change of 0.88 [1] - Euro to US Dollar's latest rate is 1.18 with a change of -0.01 [1] - British Pound to US Dollar's latest rate is 1.35 with a change of -0.02 [1] - US Dollar to Japanese Yen's latest rate is 154.67 with a change of 1.97 [1] - US 10 - year TIPS's latest value is 1.77 with a change of 0.00 [1] Group 2: Trading Data - COMEX Silver's value is 11321.76 with a change of -386.68 [1] - SHFE Silver's value is 349.88 with a change of -3.68 [1] - Gold ETF's value is 1086.47 with a change of 0.00 [1] - Silver ETF's value is 15830.38 with a change of 0.00 [1] - SGE Silver's value is 493.67 with a change of 9.44 [1] - SGE Gold's value is 1 with a change of 0.00 [1] - Another SGE Silver's value is 2 with a change not clearly presented [1]

8,000 6,000 白银进口利润 ● 白银进口利润 4,000 0 2,000 -20 0 -40 -2,000 -60 2025-04-14 2025-06-27 2025-09-10 2025-12-09 2025-04-14 2025-06-24 2025-09-02 2025-11-26 2026-02- 等设言10年期LIbS 美国国债利率与利差 十年 ● 美国国债利差(右轴) ▶ 伦敦现货黄金:以美元计价(右轴) ▶ 美国:国债收益率:通胀指数国债(TIPS):10年 6 0.5 3 6,000 5 2 0 5,000 4 -0.5 1 4,000 3 0 3,000 -1 2 -1.5 2,000 -1 1 0 -2 1,000 2021-03-03 2023-09-27 2018-07-31 2018-09-12 2021-05-25 2024-02-01 016-01-04 2016-01-04 ＥＴＦ持 仓 变 化 COMEX银库存吨 白银LBMA库存量 ● LBMA:库存量:白银:当月值 ● COMEX银库存吨 品员什 ť ( 18,000 1,200,000 16,000 1,10 ...

Price Performance - London Gold's latest price is 5043.15 with a change of -34.70 [1] - London Silver's latest price is 83.52 with a change of -2.58 [1] - London Platinum's latest price is 2160.00 with a change of 40.00 [1] - London Palladium's latest price is 1764.00 with a change of 31.00 [1] - WTI Crude's latest price is 62.84 with a change of -1.79 [1] - LME Copper's latest price is 13219.00 with a change of 49.00 [1] - US Dollar Index's latest price is 96.91 with a change of -0.01 [1] - Euro to US Dollar's latest price is 1.19 with a change of 0.00 [1] - British Pound to US Dollar's latest price is 1.36 with a change of -0.00 [1] - US Dollar to Japanese Yen's latest price is 152.75 with a change of -0.52 [1] - US 10 - year TIPS's latest price is 1.86 with a change of 0.00 [1] Trading Data - COMEX Silver inventory's latest value is 11795.47 with a change of -72.65 [1] - SHFE Silver inventory's latest value is 349.63 with a change of 7.53 [1] - Gold ETF持仓's latest value is 1076.18 with a change of -5.14 [1] - Silver ETF持仓's latest value is 16174.18 with a change of -62.00 [1] - SGE Silver inventory's latest value is 504.96 with a change of 0.00 [1] - SGE Gold deferred fee payment direction's latest value is 2 with a change of 0.00 [1] - SGE Silver deferred fee payment direction's latest value is 2 with a change of 0.00 [1]

Group 1: Price Performance - London Gold's latest price is 5077.85, with a change of 46.45 [1] - London Silver's latest price is 86.10, with a change of 3.82 [1] - London Platinum's latest price is 2120.00, with a change of 25.00 [1] - London Palladium's latest price is 1733.00, with a change of 27.00 [1] - WTI Crude Oil's latest price is 63.96, with no change [1] - LME Copper's latest price is 13170.00, with a change of 94.00 [1] - The latest value of the US Dollar Index is 96.87, with no change [1] - The latest exchange rate of Euro to US Dollar is 1.19, with no change [1] - The latest exchange rate of British Pound to US Dollar is 1.36, with no change [1] - The latest exchange rate of US Dollar to Japanese Yen is 154.40, with no change [1] - The latest value of US 10 - year TIPS is 1.84, with no change [1] Group 2: Trading Data - COMEX Silver's latest inventory is 12014.43, with no change [2] - SHFE Silver's latest inventory is 342.10, with a change of 18.73 [2] - Gold ETF's latest holding is 1081.32, with a change of 2.00 [2] - Silver ETF's latest holding is 16236.18, with a change of 19.73 [2] - SGE Silver's latest inventory is 504.96, with no change [2] - SGE Silver's latest deferred fee payment direction is 2, with a change of 1.00 [2] - Another SGE Silver's latest deferred fee payment direction is 2, with no change [2]

Group 1: Price and Exchange Data - Current prices of London gold, London silver, London platinum, WTI crude oil, and LME copper are 13076.00, 5031.40, 2095.00, 1706.00, and 63.96 respectively, with changes of -8.15, 41.00, -0.40, 6.50, and 0.00 [1] - Current exchange - related data including the USD/JPY, US dollar index, EUR/USD, GBP/USD, and US 10 - year TIPS are 154.40, 96.87, 1.19, 1.36, and 1.87 respectively, with changes of 0.01, -0.00, -0.01, -1.50, and 0.00 [1] Group 2: Trading Data - Current trading data of COMEX silver, SHFE silver, SGE gold, SGE silver, gold ETF holdings, and silver ETF holdings are 323.37, 1079.32, 16216.45, 12014.43, 504.96, and 2 respectively, with changes of -130.42, 4.82, 0.00, 0.00, -0.34, and 25.36 [1] Group 3: Precious Metal Ratios - The report shows the gold - crude oil ratio, gold - copper ratio, COMEX - London spread, gold/platinum ratio, and platinum/palladium ratio through charts [1] Group 4: Import Profits - The report presents data on silver and gold import profits through relevant charts [2][3][5] Group 5: US Treasury Yields and Spreads - The report shows the relationship between US Treasury yields, spreads, and the price of London spot gold through a chart [4] Group 6: ETF and Inventory Changes - The report presents the changes in COMEX silver inventory, LBMA silver inventory, SGE silver inventory, SHFE silver inventory, gold ETF holdings, and silver ETF holdings through charts [4] Group 7: SGE Holdings and Deliveries - The report shows the SGE gold and silver spot holdings and deliveries through charts [4] Group 8: SGE Deferred Fees - The report presents the SGE gold and silver deferred fee directions through a chart [4] Group 9: COMEX Non - commercial Long Positions - The report shows the proportion of non - commercial long positions of COMEX gold and silver through a chart [4]

Report Summary 1. Report Industry Investment Rating - No information provided in the given content 2. Core View - No information provided in the given content 3. Summary by Related Catalogs Price Performance - London Gold latest price: $13,069.50, change: +$91.55 [1] - London Silver latest price: $5,039.55, change: +$5.42 [1] - London Platinum latest price: $80.36, change: +$30.00 [1] - WTI Crude latest price: $2,054.00, change: +$0.81 [1] - LME Copper latest price: $1,693.00, change: +$279.00 [1] - Dollar - Yen latest: 155.89, change: -0.76 [1] - Dollar Index latest: 96.85, change: +0.01 [1] - Euro - Dollar latest: 1.19, change: +0.01 [1] - Pound - Dollar latest: 1.37, change: -1.34 [1] - US 10 - year TIPS latest: 1.88, change: 0.00 [1] Trading Data - COMEX Silver latest: 1,079.66, change: -1.00 [1] - SHFE Silver latest: 12,144.85, change: 0.00 [1] - SGE Gold latest: 318.55, change: -125.83 [1] - SGE Silver latest: 16,191.09, change: +3.43 [1] - Silver ETF持仓 latest: 504.96, change: 0.00 [1] - Gold ETF持仓 latest: 2, change: -31.35 [1] Precious Metal Ratios - The report presents various precious metal ratios such as gold - crude oil ratio, gold - copper ratio, COMEX gold - silver ratio, gold - platinum ratio, and platinum - palladium ratio through charts [1] Import Profits - The report shows the import profits of gold and silver through charts [1] US Treasury Rates and Spreads - The report presents the relationship between US Treasury rates, spreads and London spot gold price through charts [2] ETF Holdings Changes - The report shows the changes in COMEX silver inventory, LBMA silver inventory, SGE silver inventory, SHFE silver inventory, gold ETF holdings, and silver ETF holdings through charts [2] SGE Holdings and Deliveries - The report shows the holdings and deliveries of SGE gold and silver through charts [2] SGE Deferred Fees - The report shows the deferred fee payment directions of SGE gold and silver through charts [2] COMEX Non - Commercial Long Positions - The report shows the proportion of non - commercial long positions of COMEX gold and silver through charts [2]

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core View of the Report No clear core view is presented in the given content, which mainly consists of price and trading data of various commodities. 3. Summary by Related Catalogs Price Performance - Latest prices: London Gold at $4948.00, London Platinum at $74.94, London Silver at $2024.00, London Lithium at $1680.00, WTI Crude at $63.55, LME Copper at $12,790.50; Dollar Index at 97.61, Euro - US Dollar at 1.18, Pound - US Dollar at 1.36, US Dollar - Japanese Yen at 157.23, US 10 - year TIPS at 1.88 [1] - Price changes: London Gold -$3.77, London Platinum -$279.00, London Silver +$0.26, London Lithium -$133.50, WTI Crude +$100.75, LME Copper -$154.00; Dollar Index -0.35, Euro - US Dollar +0.01, Pound - US Dollar +0.20, US Dollar - Japanese Yen -0.01, US 10 - year TIPS 0.00 [1] Trading Data - COMEX Silver: latest 12,270.68, change -108.80; Shanghai Futures Exchange Silver: latest 1076.23, change -56.36; Shanghai Gold Exchange Gold: latest 16,191.09, change 0.00; Shanghai Gold Exchange Silver: latest 349.90, change 1.00; Gold ETF holdings: latest 506.49, change -62.56; Silver ETF holdings: latest 2, change -1.72 [1] Metal Ratios - COMEX - London spreads and various metal - to - metal ratios are presented in graphical form, showing trends over different time periods [1] Import Profits - Graphs show trends of silver and gold import profits over different time periods [1][2][3][5] US Treasury Rates and Spreads - Graph shows the relationship between US Treasury yields, inflation - indexed Treasury yields, and London spot gold prices [4] ETF Holdings and Inventories - Graphs show trends of ETF holdings (gold and silver) and inventories (COMEX silver, LBMA silver, Shanghai Futures Exchange silver, Shanghai Gold Exchange silver) over different time periods [4] Shanghai Gold Exchange Positions and Deliveries - Graphs show trends of Shanghai Gold Exchange gold and silver positions and deliveries over different time periods [4] Shanghai Gold Exchange Deferred Fees - Graphs show trends of Shanghai Gold Exchange gold and silver deferred fee directions over different time periods [4] COMEX Non - Commercial Long Positions - Graph shows the proportion of non - commercial long positions of COMEX gold and silver over different time periods [4]