摘要今日周三（11月26日）亚盘时段，纸黄金目前交投于950元附近，截至发稿，纸黄金暂报948.04元/ 克，涨幅0.97%，最高触及948.05元/克，最低下探938.71元/克。目前来看，纸黄金短线偏向看涨走势。 今日周三（11月26日）亚盘时段，纸黄金目前交投于950元附近，截至发稿，纸黄金暂报948.04元/克， 涨幅0.97%，最高触及948.05元/克，最低下探938.71元/克。目前来看，纸黄金短线偏向看涨走势。 【要闻速递】 美国总统特朗普周二放弃了此前设定的乌克兰和平协议最后期限，即原定周四（感恩节）前要求乌克兰 接受美国支持的和平方案。他表示："对我来说，最后期限就是问题解决之时。" 特朗普称美国谈判代表在与俄罗斯和乌克兰的磋商中取得进展，莫斯科方面已同意作出某些让步。他表 示其中东问题特使威特科夫将赴莫斯科与俄罗斯总统普京会晤，其女婿贾里德·库什纳也参与了相关斡 旋工作。 【最新纸黄金行情解析】 今日纸黄金需重点关注的关键阻力位区间为935元/克至980元/克，而重要支撑位区间则位于920元/克至 935元/克。 ...

分析认为，此次利率决策的决定权比以往更加集中于鲍威尔手中，其个人判断将主导政策走向。市场正 密切关注美联储是否将采取这种"一次性降息"策略来应对复杂的经济形势。 【最新纸黄金行情解析】 今日纸黄金需重点关注的关键阻力位区间为950元/克至980元/克，而重要支撑位区间则位于930元/克至 950元/克。 【要闻速递】 "美联储传声筒"新分析指出，美联储12月的议息会议将高度依赖于主席鲍威尔的个人决策。 分析指出，当前美联储内部态势为鲍威尔提供了充分的操作空间——若其决定推动降息，盟友已为之铺 平道路，但同时他也可在降息后明确释放"本轮周期到此为止"的信号。这种"降息但不承诺后续"的路 径，将成为平衡经济支持与通胀管控的可行选择。 摘要今日周二（11月25日）亚盘时段，纸黄金目前交投于940元附近，截至发稿，纸黄金暂报945.11元/ 克，涨幅1.20%，最高触及946.15元/克，最低下探933.39元/克。目前来看，纸黄金短线偏向看涨走势。 今日周二（11月25日）亚盘时段，纸黄金目前交投于940元附近，截至发稿，纸黄金暂报945.11元/克， 涨幅1.20%，最高触及946.15元/克，最低下探933.3 ...

摘要北京时间周一（11月24日）欧洲时段，美元指数小幅回落，交投于100.120附近，金价目前交投于 4066.81美元/盎司，涨幅0.05%，最高触及4076.69美元/盎司，最低触及4039.72美元/盎司。展望未来， 黄金市场的走势将取决于多个关键因素的演变。美联储12月的利率决策仍是市场关注的焦点，而即将公 布的经济数据，特别是推迟至12月18日发布的11月CPI报告，将为市场提供更清晰的通胀路径指引。 近期美国就业数据呈现"强劲中的疲软"：9月非农就业人口增长11.9万人，远超预期的5万人，但7月和8 月数据合计下修3.3万人，且失业率意外升至4.4%，创2021年10月以来新高。这种矛盾信号导致市场对 美联储12月降息预期剧烈波动，短期内预期概率在40%-74%间大幅震荡。 纽约联储主席威廉姆斯近期释放鸽派信号，表示美联储仍可在"短期内"降息而不会危及通胀目标，这一 表态使得市场对12月降息的预期概率一度从40%大幅攀升至74%。然而，达拉斯联储主席洛根则坚持鹰 派立场，呼吁利率应"在一段时间内"维持不变。这种政策信号的不一致性，直接导致了黄金市场的频繁 波动。 俄乌冲突方面出现重大进展，特朗普提 ...

黄金投资近年来热度攀升，但面对复杂的市场，普通投资者往往不知从何入手。今天，我们就从底层逻辑到具体策略，系统梳理普通人如何科学投资黄金， 助你少走弯路、稳健增值。 1. 一次性抄底：高收益与高风险并存 2. 短期波段交易：快速获利但易"卖飞" 3. 定投式买入并持有：最推荐的稳健策略 下一步建议：若想进一步了解黄金投资工具（如纸黄金、黄金ETF、实物金条等）的选择技巧，欢迎关注后续分享！ 一、投资黄金为何要盯紧国际金价？ 黄金定价权在国际市场，国内金价多为"跟随者"。 黄金作为全球性商品，其价格主要由国际市场（如伦敦金、纽约金）主导，国内金价受汇率、基差等因素影响，通常跟随国际走势波动。这也是短线交易者 关注夜间行情的原因——北京时间晚9点后，欧美市场开盘，金价波动更具决定性。 警惕"国内技术派"陷阱！ 国内金价的"支撑位""阻力位"常因汇率和基差变化瞬间失效，仅参考国内数据设置挂单风险极高，容易因价格虚破而被动止损。投资黄金，国际视野是基 础。 二、三大黄金投资策略，哪种适合你？ ⚠️ 重要提醒：以上内容仅为知识科普，不构成投资建议。市场有风险，投资需谨慎！ 做法：在判断的低位一次性买入。 优点：若精准抄底 ...

Core Viewpoint - Since 2025, global gold assets have maintained a strong market driven by three main factors: a phase of declining real interest rates, persistent geopolitical risks and uncertainty in U.S. domestic policies, and continued buying by global central banks, particularly from emerging economies [2][3]. Group 1: Market Dynamics - The decline in global real interest rates is influenced by the U.S. fiscal deficit and long-term debt structure, making it difficult for real rates to rise further, while persistent inflation enhances long-term demand for gold [2]. - Geopolitical risks, including conflicts in the Middle East and deteriorating security in Europe, along with uncertainties following the Trump administration's policies, have structurally increased demand for safe-haven assets like gold [2]. - Central banks remain the largest buyers of gold, with emerging market central banks continuing to purchase gold, providing long-term support for gold prices [3]. Group 2: Policy Impact - Recent tax policy adjustments in China regarding gold transactions mark a significant structural change in the gold market, effective from November 1, 2025, to December 31, 2027, affecting standard gold transactions [5][6]. - The new tax policies aim to clarify the tax burden and usage of gold, impacting costs for off-exchange gold, price differentials, retail premiums, and the structure of futures and ETFs, rather than directly altering domestic gold prices [6]. - Gold ETFs are expected to be the most affected by the new policies, as the attractiveness of physical gold for secondary sales diminishes, while virtual gold instruments like paper gold and ETFs remain unaffected by the VAT adjustments [10]. Group 3: Investment Strategies - The high beta sensitivity of gold assets to macroeconomic trends makes them a preferred choice for quantitative CTA, multi-asset strategies, and discretionary long strategies [5]. - The stricter regulations on gold withdrawal and usage declarations may lead to a decrease in arbitrage scale in futures, potentially increasing price volatility and enhancing the correlation of futures with international gold prices during trending markets [10].

Core Viewpoint - Gold prices have shown a slight correction after a significant rise, currently stabilizing above $4,100 per ounce, with potential resistance at $4,145 and support at $4,095, indicating a bearish trend if the resistance is not broken [1][2] Geopolitical Factors - The U.S. military has increased its presence in the Caribbean, with the deployment of the USS Ford aircraft carrier strike group, amid threats from former President Trump regarding military action against Venezuela [1][2] - Venezuela's military has entered a state of readiness, conducting exercises and establishing a comprehensive defense command to prepare for potential armed conflict, reflecting the long-standing tensions between the U.S. and Venezuela [3] Market Implications - If U.S. military actions escalate, gold prices are likely to break the $4,145 resistance and may reach $4,170 or even $4,200 due to panic buying [2][3] - Conversely, if diplomatic efforts succeed in de-escalating tensions, gold prices may remain in a range-bound movement, awaiting new market drivers [2][3] Investment Methods - Three primary methods for investing in gold are identified: physical gold, paper gold, and gold derivatives, each catering to different risk preferences and investment strategies [4][5][6][7] - Physical gold is suitable for conservative investors but comes with higher holding costs and lower liquidity [5] - Paper gold offers flexibility and lower costs, ideal for short-term trading, but lacks physical ownership [6] - Gold derivatives provide leverage and potential for higher returns, but carry significant risks and are suited for aggressive investors [7]

摘要北京时间周三（11月12日）欧洲时段，美元指数止跌震荡，交投于99.564附近，金价目前交投于 4130.88美元/盎司，涨幅0.13%，最高触及4144.99美元/盎司，最低触及40698.29美元/盎司。美国政府停 摆危机的解除、经济数据回暖在望，加之美联储内部鹰派立场转向鸽派的明确信号，共同为黄金市场的 多头行情注入了强劲动力。 北京时间周三（11月12日）欧洲时段，美元指数止跌震荡，交投于99.564附近，金价目前交投于4130.88 美元/盎司，涨幅0.13%，最高触及4144.99美元/盎司，最低触及40698.29美元/盎司。美国政府停摆危机 的解除、经济数据回暖在望，加之美联储内部鹰派立场转向鸽派的明确信号，共同为黄金市场的多头行 情注入了强劲动力。 今日黄金价格最新查询（2025年11月12日） | 名称 | 最新价 | 单位 | | --- | --- | --- | | 现货黄金 | 4130.88 | 美元/盎司 | | 黄金t+d | 944.50 | 元/克 | | 纸黄金 | 944.89 | 元/克 | | 沪金主力 | 945.76 | 元/克 | 【基本面解析】 美就业 ...

Group 1 - The core viewpoint is that the dollar's share in global foreign exchange reserves has dropped to 56.32%, the lowest in 30 years, indicating an acceleration of the "de-dollarization" trend [2] - The U.S. national debt has surpassed $38 trillion, growing at a rate of over $60 billion per day, with annual interest payments exceeding $1.2 trillion, which has eroded global trust in the dollar [3] - The international monetary landscape is shifting from dollar dominance to a multipolar system, with the dollar's share in international payments at 47.79%, followed by the euro at 22.77% and the renminbi at 3.17%, which has seen a 15.53% increase [3] Group 2 - The price of gold has not risen in line with demand due to the issuance of paper gold by Western financial institutions, which suppresses physical gold prices [4] - The suppression of gold prices is driven by the need to maintain the dominance of fiat currencies and prevent a collapse of the Western financial system [4] - Central banks are increasingly purchasing gold to enhance their risk resilience amid global conflicts, indicating a shift in reliance on gold as a safe asset [4] Group 3 - Gold prices are expected to be influenced by Federal Reserve policies, with potential adjustments around $4,000, but the long-term upward trend remains intact [5] - The market may experience fluctuations between $3,850 and $4,150, with a potential short-term drop to $3,850 before a long-term breakout opportunity [5] - The current market conditions suggest a decrease in implied volatility, indicating a stable trading range for gold in the near term [5]

Core Viewpoint - The article analyzes various platforms for gold trading, concluding that Sina Finance APP is the optimal choice for most investors due to its comprehensive features that integrate market data, news, trading, and learning resources [1]. Group 1: Professional Gold Platforms - Representative platforms include Jinrong China, Wanzhou Jinye, and Lingfeng APP, which specialize in forex and gold trading [2]. - Core advantages include tailored trading functions for gold and forex, providing a smooth experience for order placement and stop-loss settings [3]. - High leverage trading options are available, catering to aggressive investors [4]. - Significant shortcomings include limited market information primarily focused on their own trading products, lacking a global macro market perspective [5]. - The quality of information is inconsistent, often leaning towards short-term trading tips without depth, and community interactions may be cluttered with "signal" information [6]. - Investors need to verify the regulatory qualifications of these platforms, as there are selection barriers and risks involved [7]. - These platforms are suitable for professional short-term traders who are well-informed about platform qualifications [8]. Group 2: Traditional Financial Institutions - Major banks and brokerage apps represent familiar financial tools, known for high security but limited in gold investment functionalities [9]. - Core advantages include reliability backed by large domestic financial institutions, ensuring fund safety [10]. - Convenience in purchasing "paper gold" or gold accumulation products is a highlight, with low entry barriers [11]. - Limitations include narrow market coverage, typically displaying only their own product quotes, which restricts the ability to grasp real-time dynamics of international spot gold and futures [12]. - The provided information lacks specialization, with insufficient in-depth analysis of the gold sector [12]. - Trading options are limited to non-leveraged products, requiring additional futures account setup for gold futures trading, leading to a fragmented experience [12]. - These platforms are ideal for conservative investors prioritizing fund safety and long-term non-leveraged investments [12]. Group 3: Comprehensive Financial Platforms - Sina Finance APP is likened to a "general hospital," excelling in overall capabilities rather than in any single dimension [13]. - Core advantages include the most comprehensive market data, seamlessly integrating global spot gold, gold futures, domestic TD, and gold ETF data, along with professional chart analysis tools [14]. - The platform provides timely news coverage 24/7, featuring exclusive in-depth content developed in collaboration with the World Gold Council (WGC) [15]. - It offers convenient and secure trading options through partnerships with mainstream futures companies, allowing for direct access to regulated domestic gold futures trading [15]. - The platform boasts a large, high-quality financial user community, facilitating communication and learning, with a user-friendly interface and low learning costs [15]. - Sina Finance APP creates a complete ecosystem for gold investment, from understanding global markets to executing secure trades [15]. Conclusion - The comparison reveals that professional platforms like Jinrong China excel in trading but lack comprehensiveness, while bank apps prioritize safety but are functionally limited. Sina Finance APP successfully balances comprehensive market coverage, in-depth and authoritative information, convenient trading, and overall user experience, making it the most sensible choice for both novice and professional investors [16].

Core Viewpoint - The article highlights that for investors seeking comprehensive market data, timely information, and convenient trading options for gold investment, the Sina Finance APP stands out as the optimal choice due to its integrated capabilities [1]. Group 1: Market Data - The Sina Finance APP provides real-time market data for a wide range of gold products, including spot gold, gold futures, gold ETFs, and domestic gold TD, with precise and timely updates, along with professional charting tools [2]. - Specialized gold platforms (e.g., Jinrong, Wanzhou, Lingfeng) focus on their own trading products, resulting in a relatively narrow data scope and lack of market interlinkage views [2]. - Bank and brokerage apps primarily offer data on their own paper gold or agency gold products, which limits their coverage and may not meet the needs of investors looking for global gold price dynamics [2]. Group 2: Information and Research Reports - The Sina Finance APP excels in the speed of information delivery, providing 24/7 coverage of global gold market news, and features a collaboration with the World Gold Council (WGC) to offer authoritative data, professional reports, and in-depth market analysis [3]. - Specialized gold platforms tend to focus on short-term market insights and trading tips, lacking macroeconomic and deep industry analysis [4]. - Bank and brokerage apps provide general financial news but lack in-depth analysis specific to the gold sector, with few professional reports available for ordinary investors [4]. Group 3: Trading Convenience - The Sina Finance APP, while not directly holding trading licenses, collaborates with leading futures companies, allowing users to seamlessly complete futures account openings within the app, ensuring a clear and secure trading process [5]. - Specialized gold platforms optimize their processes for their own platforms, but investors need to carefully assess the qualifications of these platforms [6]. - Bank and brokerage apps make it easy to purchase paper gold or accumulate gold, but require separate futures account openings for leveraged gold futures trading, leading to operational fragmentation [6]. Group 4: Community Atmosphere and User Experience - The Sina Finance APP boasts a large user base and an active financial community where investors can exchange views and access expert articles, featuring a mature overall design with clear interfaces and well-defined functional areas [7]. - Specialized gold platforms focus more on trading signals and immediate exchanges, resulting in variable information quality that may confuse novice investors [8]. - Bank and brokerage apps primarily emphasize trading and asset display, lacking social interaction features among investors [9]. Conclusion - Overall, while specialized gold platforms excel in specific trading areas and bank/brokerage apps offer convenience for basic products, they have functional limitations. The Sina Finance APP successfully integrates market data, information, trading, and community aspects, creating a robust ecosystem for gold investment, catering to various investor needs [10].