格隆汇1月12日｜对美联储独立性的担忧以及伊朗日益加剧的动荡正在推动贵金属价格飙升，金价在后 市扩大涨幅。纽约黄金期货上涨2.4%，至每盎司4,607.40美元，盘中早些时候曾触及4,630.80美元的高 点，而白银价格上涨6.9%，至每盎司84.91美元。Forex.com的Fawad Razaqzada说："现在显而易见的问 题是，今年是会重演去年不断创下新高的一幕，还是说此轮涨势会被证明更为短暂。"该市场分析师 称："然而，我的基本假设是，鲍威尔将完成剩余任期，货币政策将继续受新发布的经济数据而非政治 影响的引导。"市场注意力可能很快会转回宏观层面，本周的焦点是CPI和零售额数据。 ...

格隆汇1月6日｜据一财，受供应短缺担忧情绪，以及委内瑞拉动荡局势或将加速全球关键矿产争夺的预 期推动，周一大宗商品市场出现明显异动。本周首个交易日，现货黄金价格盘中一度大涨超3%，触及 每盎司4467美元的高点，距离2025年底创下的历史最高纪录仅差约100美元。纽约黄金期货价格一度飙 升至每盎司4480美元。瑞银周一发布观点称，将2026年3月、6月和9月的目标价由每盎司4500美元上调 至5000美元。 此外纽约商品交易所1月交割的COMEX白银期货收盘大涨7.95%，收复76美元关口。伦敦 金属交易所LME工业金属周一集体上扬，伦铜大涨超4%，突破13000美元/吨，伦铝、伦锌涨超2%，伦 铂和伦铂分别上涨6.7%和4.7%，伦铅和伦镍涨超1%。与此同时，纽约商品交易所COMEX美铜主力合 约飙涨近6%，突破6美元/磅关键心理关口。花旗集团分析师预计，今年全球精炼铜产量将达到2690万 吨，市场缺口将达30.8万吨。 ...

2025年12月30日夜，纽约白银期货暴涨超10%。 分析师发现，驱动力量已从美联储转向了全球工厂。 一个持续多年的供应短缺，正被突然爆发的需求点 燃。 2025年12月30日夜里，金融市场的行情让很多交易员都看懵了。 前一天刚经历"黑色星期一"暴跌的白银，不仅没有继续下跌，反而上演了一出绝地反击。 纽约白银期货价格从低点一路暴力拉升，盘中最高涨幅达到了10.79%，价格冲到了每盎司78美元。 到收盘时，价格定格在76美元，单日涨幅7.88%。 这意味着什么？ 前一天白银开盘价大约是77美元，然后大跌。 仅仅过了一个晚上，价格不仅完全收复了失地，还差点创出新高，距离历史高点只差大约4美 元。 白银用一天时间，走完了一个"深V"反转，把前一天做空的人全部"闷杀"。 这种弹性和多头反扑的凶狠程度，在近期市场里非常罕见。 就在白银疯狂表演的同时，它的"老大哥"黄金却显得有些力不从心。 纽约黄金期货在夜里也曾试图上涨，一度突破了每盎司4400美元的关口。 然而，这股 上涨的力量没能持续，价格随后震荡回落，最终收盘时又回到了4300美元附近。 黄金这种"冲高回落、原地踏步"的走势，与白银的一骑绝尘形成了刺眼的 对比。 ...

Group 1 - The top-performing public funds for 2025 have been announced, with Yongying Technology's annual total return at 233%, while popular themes like optical modules, CPO, and communication equipment have returns of 242%, 195%, and 167% respectively [1] - The key to public fund performance lies in the manager's conviction; experienced fund managers tend to be cautious in crowded sectors, leading to solid but not excessive returns [1] - Funds that have maintained a certain yield over the past three years exhibit both defensive and offensive characteristics, which are crucial for achieving stable returns [3] Group 2 - Structural market opportunities can be found in thematic funds, with expectations for CPO in 2025 and potential opportunities in commercial aerospace and non-ferrous metals in 2026 [3] - Quantitative public funds have shown impressive returns between 40% and 70% for 2025, outperforming the index, which rose by only 18% [3] - Recent declines in precious metals, particularly silver, are attributed to increased margin requirements for futures, causing significant pressure on market bulls [2][4] Group 3 - The drop in silver prices has also affected other metals like copper and aluminum, with gold futures dipping below $4300, indicating a critical support level at $4200 [4] - There is a potential for profit-taking in non-ferrous metals after the New Year, which warrants close attention [5]

格隆汇12月15日｜受美元走软以及投资者等待关键美国经济数据公布的影响，金价上涨。纽约黄金期货 在早盘交易中上涨1.1%，至每盎司4377.40美元，而美元指数则持平于98.36。本周晚些时候公布的11月 份非农就业报告和消费者物价指数（CPI）通胀数据将备受关注，以从中寻找美联储政策前景的更多线 索。FP Markets分析师Aaron Hill表示："目前许多人关注的问题是美联储明年降息的速度。"黄金通常会 在低利率环境下受益。 ...

值得注意的是，机构认为日本加息空间或有限，其对黄金牛市根基的动摇可能是有限的。 从经济基本面上看，中金公司固收团队指出，日央行加息也可能会加重日本财政付息负担、引发市场对 于日本财政可持续性的担忧。过去近二十年，日本财政付息负担未明显抬升，很大程度上归功于过去日 本超宽松货币政策下利率长期维持低位。 中辉期货表示，日本第三季度实际GDP修正值下调为环比萎缩0.6%，同比萎缩2.3%，确认了日本经济 六个季度以来的首次萎缩。另外，日本10月名义工资同比再上涨2.6%，但扣除通胀后的实际工资连续 第十个月下降，加息空间或有限。 日本央行的加息前景，或已成为悬在黄金多头头上的一把利剑。 12月9日午后，纽约黄金期货价格突然急速下挫，一度失守4200美元大关，随后震荡回升，截至16:15， 报4206.7美元/盎司，跌0.26%。 消息面上，日本央行行长植田和男在12月9日的最新表态中再次释放了加息信号。据智通财经报道，植 田和男表示，日本的实际利率非常低，如果经济前景实现，将提高利率。他还指出，长期债券收益率应 由市场决定。 华泰证券研究所指出，在日本通胀高企、即将推出新一轮财政刺激的背景下，日本央行尽早加息有助于 ...

Core Viewpoint - The latest gold futures prices in New York indicate a slight increase, reflecting ongoing market dynamics and investor sentiment towards gold as a safe-haven asset [1][2]. Group 1: Current Market Data - The latest price for gold futures is $4248.70 per ounce, showing an increase from the previous close of $4238.70 [2]. - The opening price for the day was $4241.60, with a daily high of $4252.60 and a low of $4234.10 [2]. Group 2: Additional Information - The provided gold futures prices are for reference only, and users are encouraged to consult official prices for accuracy [4].

Group 1: Core Viewpoint - The article highlights that Sina Finance APP is the optimal choice for professional gold investors due to its comprehensive market coverage, fast news updates, convenient trading channels, and professional analysis content [3][16]. Group 2: Market Data - Sina Finance APP covers 26 major global exchanges for gold products, including London gold, New York gold futures, and domestic bank paper gold, with real-time updates and a data refresh speed of 0.2 seconds [4][17]. - It supports 45 customizable technical indicators and multi-period simultaneous analysis, catering to diverse needs [4][17]. - Other platforms like Jinrong China and Lingfeng Precious Metals focus solely on spot gold quotes, lacking coverage for gold ETFs and related stocks, resulting in a narrow perspective [4][17]. - Bank and brokerage apps primarily focus on their own accumulated gold market, lacking professional K-line tools, while brokerage apps emphasize gold stocks with weak support for physical and futures gold [4][17]. Group 3: News Interpretation - Sina Finance APP provides 24/7 global macro news updates and collaborates with the World Gold Council to create the Goldhub special topic, offering authoritative reports on central bank gold purchases and supply-demand analysis, with in-depth interpretations accounting for 30% of its content and an important news release rate exceeding 78% [5][18]. - Professional precious metal platforms mainly offer short-term trading suggestions, suffering from severe homogenization and lacking macro perspectives and authoritative data sources [6][19]. - Bank and brokerage apps provide fragmented gold news that lacks a systematic approach, often existing as sub-columns with insufficient professionalism [7][20]. Group 4: Trading Convenience - Sina Finance APP integrates 15 mainstream futures company account opening channels, allowing direct completion of gold futures trading, with an average time of 2 minutes and 18 seconds from market observation to trading [9][21]. - Professional precious metal platforms only support trading of their own products, creating information silos, and mainland users need to verify compliance [10][22]. - Bank apps have high trading costs and limited product offerings, while brokerage apps have restricted trading ranges, requiring separate account openings and providing weak news content [11][23]. Group 5: Community and Experience - Sina Finance APP features a community with over 50,000 daily discussions on gold, gathering institutional analysts, which can enhance user decision-making accuracy by 22%, with a clear and user-friendly interface [12][24]. - Professional precious metal platforms often have communities focused on live trading signals, creating a commercial atmosphere that can mislead beginners [12][25]. - Bank and brokerage apps lack community features, resulting in a tool-like experience that is dull and unengaging [12][26]. Group 6: Conclusion - Professional precious metal platforms have limited functionalities, while bank and brokerage apps each have shortcomings, failing to meet comprehensive needs. In contrast, Sina Finance APP combines full market coverage, fast news, simple trading, and superior community features, along with the Goldhub special topic, establishing a professional barrier for a one-stop service of "viewing, analyzing, and trading" [13][27].

Core Viewpoint - The market anticipates a significant increase in the probability of a Federal Reserve interest rate cut next month, leading to a notable rise in gold prices [1] Group 1: Market Expectations - The probability of a Federal Reserve rate cut has risen from approximately 50% a week ago to nearly 90% [1] - The U.S. dollar index has declined as a result of these expectations [1] Group 2: Gold Price Movement - International gold prices rebounded to a half-month high, with February futures rising by 1.25% [1] - The main contract for New York gold futures has seen a continuous increase this week, with a cumulative rise of 4.3% [1] - Throughout November, gold prices have increased by nearly 6.5%, marking four consecutive months of gains, driven by safe-haven buying, rate cut expectations, and increased purchases by multiple central banks [1]

Core Viewpoint - Market expectations for a Federal Reserve interest rate cut next month have surged from approximately 50% a week ago to nearly 90%, leading to a decline in the US dollar index and a rebound in international gold prices to a half-month high [1] Group 1: Market Trends - The New York gold futures main contract price has risen significantly this week, with a cumulative increase of 4.3% [1] - In November, driven by safe-haven buying, heightened expectations for a Federal Reserve rate cut, and increased gold purchases by central banks globally, the New York gold futures main contract price rose nearly 6.5%, marking the fourth consecutive month of gains [1] Group 2: Price Movements - February gold futures prices increased by 1.25% [1]