贵金属早报 研究中心贵金属团队 2026/03/04 | 价 格 表 现 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 品种 | 伦敦金 | 伦敦银 | 伦敦铂 | 伦敦钯 | WTI原油 | LME铜 | | 最新 | 5313.90 | 94.62 | 2366.00 | 1793.00 | 71.23 | 13145.00 | | 变化 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -251.00 | | 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 | 98.55 | 1.17 | 1.34 | 157.35 | 1.76 | | | 变化 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | 交 易 数 据 | | | | 日期 | COMEX白银 | 上期所白银 | 黄金ETF持仓 | 白银ETF持仓 | 上金所白银 | 上金所黄金 | 上金所白银 | | --- | --- | --- | --- | -- ...

| | | | 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 | | | | | | | | | ...

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]

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]

1. Report Industry Investment Rating - No relevant information provided 2. Core View of the Report - No relevant information provided 3. Summary of Key Points by Category Price Performance - Latest prices: London Gold at $4847.25, London Silver at $78.71, London Platinum at $2303.00, London Palladium at $1834.00, WTI Crude at $63.21, and LME Copper at $12924.00 [1] - Price changes: London Gold dropped by $137.85, London Silver by $11.88, London Platinum rose by $56.00, London Palladium by $17.00, and LME Copper dropped by $532.00 [1] - Other financial indicators: Dollar Index at 97.96 (up 0.31), Euro - US Dollar at 1.18 (unchanged), British Pound - US Dollar at 1.35 (down 0.01), US Dollar - Japanese Yen at 157.04 (up 0.13), and US 10 - year TIPS at 1.94 (unchanged) [1] Trading Data - COMEX Silver inventory at 12379.48 (down 86.51), SHFE Silver inventory at 412.46 (down 10.78), Gold ETF holdings at 1077.95 (down 4.00), and Silver ETF holdings at 16247.45 (down 122.60) [1] - Shanghai Gold Exchange Gold inventory at 506.49 (unchanged) and Shanghai Gold Exchange Silver inventory with a deferred - fee payment direction of 2 (unchanged) [1] Precious Metal Ratios - The report presents various precious metal ratios including gold - platinum ratio, platinum - palladium ratio, COMEX - London spread, gold - crude oil ratio, and gold - copper ratio over different time periods [1] Import Profits and Other Indicators - There are charts showing gold import profit, silver import profit, US Treasury bond interest rates and spreads, and their relationships with London spot gold prices [2][3][4] - Charts display inventory changes of COMEX silver, LBMA silver, SHFE silver, and Shanghai Gold Exchange silver, as well as holdings of gold and silver ETFs [3] - Charts show the positions and settlements of Shanghai Gold Exchange gold and silver, and the deferred - fee payment directions of Shanghai Gold Exchange gold and silver [3] - A chart shows the proportion of non - commercial long positions in COMEX gold and silver [3]

Group 1: Price Performance - Latest price of London Gold is 4985.10 with a change of 64.15 [1] - Latest price of London Silver is 90.59 with a change of 3.10 [1] - Latest price of London Platinum is 2247.00 with a change of 102.00 [1] - Latest price of London Palladium is 1817.00 with a change of 66.00 [1] - Latest price of WTI Crude is 63.21 with no change [1] - Latest price of LME Copper is 13456.00 with a change of 105.00 [1] - Latest value of US Dollar Index is 97.65 with a change of 0.26 [1] - Latest exchange rate of Euro against US Dollar is 1.18 with no change [1] - Latest exchange rate of British Pound against US Dollar is 1.37 with no change [1] - Latest exchange rate of US Dollar against Japanese Yen is 156.91 with a change of 1.12 [1] - Latest value of US 10 - year TIPS is 1.92 with no change [1] Group 2: Trading Data - Latest COMEX silver inventory is 12561.37 with no change [1] - Latest SHFE silver inventory is 423.24 with a change of - 26.41 [1] - Latest gold ETF持仓 is 1081.95 with a change of - 1.43 [1] - Latest silver ETF持仓 is 16370.05 with a change of - 67.65 [1] - Latest SGE silver inventory is 506.49 with no change [1] - Latest SGE silver deferred fee payment direction is 2 with no change [1]

1. Report Industry Investment Rating - No relevant information provided. 2. Core View of the Report - No clear - stated core view in the given content. 3. Summary by Related Catalog Price Performance - **Precious Metals and Commodities**: London gold's latest price is 4714.75 with a change of - 267.10; London silver's change is noted as 127 (unit unclear); London platinum is at 2300.00 with a change of - 492.00; London lithium is 1820.00 with a change of - 286.00; WTI crude oil is 62.14 with a change of - 3.07; LME copper is 12507.50 with a change of - 768.50 [1] - **Currencies and Bonds**: The latest dollar index is 97.61 with a change of 0.50; euro - to - dollar is 1.18 with a change of - 0.01; pound - to - dollar is 1.37 with a change of - 0.00; dollar - to - yen is 155.60 with a change of 0.83 [1] Trading Data - **Inventory and ETF Holdings**: COMEX silver inventory is 12618.61 with a change of - 5.88;上期所白银库存is 462.62 with a change of 7.55; gold ETF持仓is 1087.10 with no change;白银ETF持仓is 16546.59 with a change of 1023.23;上金所自银库存is 506.49 with no change [1] Precious Metals Ratios - **Gold - related Ratios**: There are graphs showing gold - crude oil ratio, gold - copper ratio, gold - platinum ratio, and platinum - aluminum ratio over different time periods from 2016 - 2025 [1] - **Other Ratios**: COMEX - London spread and import profit ratios for gold and silver are presented in graphical forms [1] Other Graphs - **US Treasury Rates and Spreads**: Graphs show the relationship between US Treasury yields (including 10 - year TIPS), Treasury spreads, and London spot gold prices from 2016 - 2026 [4] - **ETF Holdings and Inventories**: Graphs display the changes in COMEX silver inventory, LBMA silver inventory, Shanghai Gold Exchange and Shanghai Futures Exchange silver inventories, as well as gold and silver ETF holdings from 2016 - 2026 [4] - **Shanghai Gold Exchange Positions and Deliveries**: Graphs show the positions and deliveries of gold and silver at the Shanghai Gold Exchange from 2016 - 2025 [4] - **Shanghai Gold Exchange Deferred Fees**: Graphs present the payment directions of gold and silver deferred fees at the Shanghai Gold Exchange from 2017 - 2025 [4] - **COMEX Non - commercial Long Positions**: Graph shows the proportion of non - commercial long positions in COMEX gold and silver from 1986 - 2024 [4]

Price Performance - London Gold's latest price is 5405.00 with no change [1][2] - London Silver's latest price is 118.45 with no change [1][2] - London Platinum's latest price is 2671.00 with no change [1][2] - London Palladium's latest price is 2014.00 with no change [1][2] - WTI Crude Oil's latest price is 65.21 with a change of -0.21 [1][2] - LME Copper's latest price is 13276.00 with a change of -637.50 [1][2] - US Dollar Index's latest value is 96.16 with no change [2] - Euro to US Dollar's latest exchange rate is 1.20 with no change [2] - British Pound to US Dollar's latest exchange rate is 1.38 with no change [2] - US Dollar to Japanese Yen's latest exchange rate is 153.15 with no change [2] - US 10 - year TIPS's latest value is 1.90 with a change of 0.01 [2] Trading Data - COMEX Silver's latest inventory is 12698.10 with no change [3] - SHFE Silver's latest inventory is 455.07 with a change of -26.94 [3] - Gold ETF's latest holding is 1087.10 with a change of 0.57 [3] - Silver ETF's latest holding is 15523.36 with no change [3] - SGE Silver's latest inventory is 612.09 with no change [3] - SGE Gold and SGE Silver's latest deferred - fee payment directions are both 2 with no change [3]

Price Performance - London Gold's latest price is $5405.00, with a change of $98.05 [1] - London Silver's latest price is $118.45, with a change of $5.65 [1] - London Platinum's latest price is $2671.00, with a change of $21.00 [1] - London Palladium's latest price is $2014.00, with a change of $34.00 [1] - WTI Crude's latest price is $63.21, with no change [1] - LME Copper's latest price is $13913.50, with a change of $727.50 [1] - The latest dollar index is 96.16, with a change of -0.19 [1] - The latest euro - to - dollar exchange rate is 1.20, with no change [1] - The latest pound - to - dollar exchange rate is 1.38, with no change [1] - The latest dollar - to - yen exchange rate is 153.15, with a change of -0.16 [1] - The latest yield of US 10 - year TIPS is 1.90, with no change [1] Trading Data - COMEX silver inventory is 12698.10, with a change of -106.72 [1] - SHFE silver inventory is 482.01, with a change of -26.36 [1] - Gold ETF holdings are 1086.53, with a change of -3.43 [1] - Silver ETF holdings are 15523.36, with a change of -112.76 [1] - SGE silver inventory is 612.09, with no change [1] - The SGE gold deferred - fee payment direction has a change of 1.00 [1] - The SGE silver deferred - fee payment direction has no change [1]

Price Performance - The latest price of London Gold is 5277.80, with a change of 213.55 [1] - The latest price of London Platinum is 2650.00, with a change of -161.00 [1] - The latest price of London Palladium is 1980.00, with a change of -112.00 [1] - The latest price of WTI Crude Oil is 63.21, with a change of 0.82 [1] - The latest price of LME Copper is 13186.00, with a change of 72.00 [1] - The latest price of the US Dollar Index is 96.35, with a change of 0.58 [1] - The latest price of EUR/USD is 1.19, with a change of -0.01 [1] - The latest price of GBP/USD is 1.38, with a change of -0.00 [1] - The latest price of USD/JPY is 153.31, with a change of 1.12 [1] Trading Data - The latest COMEX silver inventory is 12804.82, with a change of -107.67 [1] - The latest SHFE silver inventory is 508.37, with a change of -35.87 [1] - The latest gold ETF holdings are 1089.96, with a change of 2.58 [1] - The latest silver ETF holdings are 15636.12, with a change of -211.42 [1] - The latest SGE silver deferred fee payment direction change is -1.00 [1] - The latest SGE gold deferred fee payment direction is 1 [1] - The latest SGE silver deferred fee payment direction is 2 [1]