2)贵金属板块今日活跃。消息面上，国际现货白银升破60大关，截至12月9日收盘年内涨幅达109.97%。 12月10日，SHFE白银收涨5.44%。历史规律表明，美联储的宽松周期总是引发黄金、白银及大宗商品 的强势行情。目前伦敦现货黄金价格在4200美元关口徘徊，目前市场普遍预期美联储在周四凌晨的利率 决议上宣布降息25个基点，重点关注FOMC成员对2026年降息路径的指引，但后续政策信号或极度模 糊。若鸽派占据主导力量，黄金等贵金属价格有望进一步上行，建议投资者关注FOMC利率决策和美联 储官员讲话，关注黄金基金ETF(518800)和黄金股票ETF(517400)等产品布局相关机会。 今日市场探底回升，三大指数涨跌不一，深成指、创业板指盘中先后翻红，创业板指此前一度跌超 2%。上证指数收跌0.23%，深证成指收涨0.29%，创业板指收跌0.02%。沪深两市成交额1.78万亿，较上 一个交易日缩量1254亿。盘面上，地产股午后异动上涨，贵金属等板块涨幅居前，CPO、半导体题材午 后走强；银行、电力设备、计算机等板块调整。 1)今日建材ETF(159745)涨幅居前。消息面上，万科首个展期债券"22万科MTN ...

来源：上海证券报·中国证券网 上证报中国证券网讯 据Choice数据，12月10日，国际现货白银震荡拉升，截至9:31报61.308美元/盎司， 日内涨超1%，续创历史新高。 ...

交易员押注美联储降息，国际现货白银持续走强，首次站上60美元/盎司心理关口，日内涨超3%，年内 涨幅超过31美元或108%。 来源：滚动播报 ...

VPC指标策略仅供参考，不作为投资建议。以下策略更新于北京时间2025年12月04日20时37分。 国际商品 | 大概率场景 | | 4210.4之下，看跌 | | | --- | --- | --- | --- | | 小概率场景 | | 4210.4之上,看涨 | | | 关键点位 | 第一支撑位 | 第二支撑位 | 第三支撑位 | | | 4187.14 | 4183.26 | 4178.18 | | | 第一阻力位 | 第二阻力位 | 第三阻力位 | | | 4196.61 | 4202.2 | 4217.6 | 国际现货白银 外汇货币对 美元指数 国际现货黄金 欧元兑美元 英镑兑美元 美元兑日元 | 大概率场景 | | 155.33之下，看跌 | | | --- | --- | --- | --- | | 小概率场景 | | 155.33之上，看涨 | | | | 第一支撑位 | 第二支撑位 | 第三支撑位 | | 关键点位 | 154.39 | 153.63 | 153.15 | | | 第一阻力位 | 第二阻力位 | 第三阻力位 | | | 155.01 | 155.46 | 155.76 | ...

格隆汇12月1日｜A股开盘，三大指数集体高开，沪指高开0.14%报3894.21点，深证成指高开0.42%，创 业板指高开0.26%。盘面上，有色金属板块集体高开，国际现货白银突破57美元屡创新高，年内涨幅超 90%；影视院线板块盘初活跃，11月票房再度突破35亿。 ...

A股开盘，三大指数集体高开，沪指高开0.14%，深证成指高开0.42%，创业板指高开0.26%。盘面上， 有色金属板块集体高开，国际现货白银突破57美元屡创新高，年内涨幅超90%；影视院线板块盘初活 跃，11月票房再度突破35亿。 ...

Market Performance - The three major U.S. stock indices experienced significant gains this week, with the Dow Jones up 3.18%, S&P 500 up 3.73%, and Nasdaq up 4.91% [1] - As of the close, the Dow rose by 289.30 points (0.61%) to 47716.42, Nasdaq increased by 151.00 points (0.65%) to 23365.69, and S&P 500 gained 36.48 points (0.54%) to 6849.09 [1] Commodity Prices - WTI crude oil for January delivery fell by 0.2% to $58.55 per barrel, while February Brent crude oil dropped by 0.8% to $62.38 per barrel [2] - Spot gold rose over 1.5% to $4220.31 [4] - International spot silver surged over 3% to break the $55 mark, with a year-to-date increase exceeding 90% [5] Cryptocurrency Market - Bitcoin decreased by 0.2% to $91140.36, while Ethereum increased by 0.89% to $3041.23 [3] Regulatory Developments - The UK tax authority announced new regulations requiring cryptocurrency exchanges to report complete user data starting January 1, 2026, to combat tax evasion [6] Company News - Tesla has launched a full self-driving (FSD) supervised driving project in Italy, France, and Germany, allowing the public to experience the FSD system in real traffic conditions [7] - Analyst Ming-Chi Kuo reported that Intel is expected to start shipping Apple's lowest-tier M processors using advanced 18AP process technology as early as Q2-Q3 2027, pending further development progress [8][9] Analyst Ratings - Morgan Stanley predicts strong performance for U.S. stocks next year, setting a target price of 7800 points for the end of 2026, citing an end to the economic recession and continued policy support and strong earnings [10]

Core Viewpoint - On November 28, international spot silver prices surged over 2.5%, reaching a peak of approximately $54.84 per ounce, surpassing the historical high set in October [1] Group 1: Price Movement - International spot silver prices increased significantly, with a rise of 2.5% [1] - The price approached $55 per ounce, exceeding the historical high recorded in October [1] - International spot gold also maintained an upward trend, nearing $4200 per ounce [1] Group 2: Contributing Factors - Expectations for a Federal Reserve interest rate cut in December have increased, contributing to the rise in silver prices [1] - Inflows into ETFs have supported the price increase of silver [1] - Ongoing supply constraints have also played a role in the upward movement of silver prices [1]

Core Viewpoint - The international spot silver price surged over 3% during the U.S. trading session, breaking the historical threshold of $55 per ounce, reaching a peak of approximately $55.25 per ounce, with a year-to-date increase exceeding 90% [1] Group 1: Price Movement - The silver price's significant rise is attributed to various factors, including the accumulation of driving forces throughout the year [1] - The current price level reflects a strong demand for safe-haven assets amid economic uncertainties [1] Group 2: Economic Factors - The U.S. deficit is out of control, contributing to the upward pressure on silver prices [1] - Inflation remains around 3%, while calls for interest rate cuts from the Federal Reserve are increasing, further influencing the silver market [1]

Core Insights - International spot silver prices surged by 2.5%, reaching a peak of approximately $54.84 per ounce, nearing the $55 per ounce mark, thus surpassing the historical high set in October [1] - The rise in silver prices is supported by increasing hopes for a Federal Reserve rate cut in December, inflows into ETFs, and ongoing supply constraints [1] - International spot gold also maintained its upward trend, approaching the $4200 per ounce level [1]