来源：新浪网 2025年11月25日，国内主力合约涨多跌少，碳酸锂涨超4%，沪银、多晶硅涨近3%，苹果、、沪金、玻 璃涨超1%。跌幅方面，集运欧线跌近8%，棕榈油、低硫（LU）、跌超1%。 富宝资讯数据显示，今日富宝电碳基差指数为-460元/吨（持平）；电池级碳酸锂报90000元/吨（持 平）；工业级碳酸锂（综合）报89000元/吨（持平）；电池级碳酸锂长协均价83550元/吨（+400元/ 吨）；氢氧化锂指数报79667元/吨（持平）；金属锂指数报610000元/吨（持平）；富宝卤水（硫酸 锂）折扣系数报76%（持平）。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不 对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担 全部责任。邮箱：news_center@staff.hexun.com ...

Core Viewpoint - The current gold bull market may not be over, as its price increase and duration are still lower than the major upcycles of the 1970s and 2000s. The macroeconomic uncertainties and long-term adjustments in global reserve structures suggest that the upward trend in gold prices will continue unless the Federal Reserve completely ends its easing cycle or the U.S. economy enters a strong recovery phase with declining inflation and rising growth [1]. Group 1: Market Performance - Domestic main contracts showed mixed performance with silver down over 3% and gold down over 2%. Other commodities like aluminum oxide, tin, and glass also saw declines exceeding 1%. In contrast, the shipping index (European line) rose over 6%, and styrene (EB) increased by over 1% [3]. Group 2: Investment Strategy - Despite the clear bull market logic for gold, it is currently considered a relatively expensive asset class, which may increase asset volatility. The recommendation is to maintain an overweight position in gold while reducing speculative trading, focusing instead on dollar-cost averaging and long-term asset allocation value [1].