《金价冲破3800美元，还能上车吗？》——降息预期叠加地缘风险，央行"买买买"撑腰，黄金是财富盛宴还是过山车？ 你以为金价已经封顶，结果它又拆了屋顶。纽约黄金期货一口气突破3800美元/盎司，国内金饰价格逼近1100元/克，黄金仿佛在炫耀："我不是在涨，我是在 飞。"这波行情不是孤立事件，而是多重力量叠加：美联储年内仍可能降息1—2次，利率下行对黄金是天生利好；中东局势紧张，避险情绪高涨；全球央行 更是火力全开，中国央行已连续十个月增持，储备突破2300吨，堪称"国家队定心丸。"问题是，接下来是直奔4000美元，还是高位震荡？乐观派押注黄金牛 市刚刚起步，谨慎派提醒冲高回落难以避免。毕竟程序化交易和量化资金的集中入场，往往让行情像坐过山车一样刺激。普通投资者怎么办？稳健才是硬道 理。黄金ETF、纸黄金操作灵活，适合分散配置；实物金条或饰品则更偏长期保值；至于期货期权等高杠杆玩法，不是高手最好敬而远之。年底美联储主席 换届，更可能带来新的宽松信号，黄金长期趋势依旧值得期待。在全球风云变幻中，黄金不是暴富神话，而是乱局里的定海神针。真正的赢家，从来不是追 得最快的人，而是走得最稳的人。（唐加文，笔名金观平；本文成 ...

再次见证历史！伦敦金现和COMEX黄金期货双双创出新高。9月23日，伦敦金现最高突破3791.08美元/ 盎司，刷新历史新高，日涨幅最高1.21%，月内累计涨幅约8.7%。截至当日18时41分，伦敦金现报 3783.79美元/盎司，涨幅1.01%。COMEX黄金期货价格盘中最高达3824.6美元/盎司，最高涨幅1.31%， 月内累计涨幅约7.6%。截至当日18时41分，COMEX黄金期货报3818.5美元/盎司，涨幅1.15%。 来源：北京商报 中国央行则已连续10个月增持黄金。最新的官方储备资产数据显示，2025年8月末，中国官方黄金储备 为7402万盎司，较上月末增加6万盎司。 世界黄金协会对90多个央行的调查问卷显示，越来越多的央行在未来12个月内增持黄金的意愿非常强 烈。"这也是引发机构疯狂抢金的一个最直接的证据。"王红英分析道。 明明认为，美国长期高通胀与其财政持续扩张的趋势引发了全球央行对美元信用体系的担忧，而在这样 的环境下，黄金成为了全球央行增强自身主权信用和对冲美元信用风险的重要选择。 针对后续走势，王红英表示，从目前来看，技术性修复以后引发的短期资金疯狂的买入，以及货币宽松 和地缘政治和军 ...

Core Insights - The demand for gold as a safe-haven asset has surged due to escalating geopolitical conflicts and persistent global inflation, leading to a significant increase in gold trading activities and investor interest in compliance and trading strategies [3][4]. Trading Activity and Market Trends - In the first half of 2025, the domestic gold futures and options trading volume skyrocketed by 149.17%, while the Shanghai Gold Exchange's trading volume reached 12.12 trillion yuan, marking a 56.46% year-on-year increase [1]. - The consumption of gold bars and coins increased by 23.69%, with 62% of new individual investors being first-time participants in precious metal trading [3]. Regulatory Impact - The People's Bank of China's new anti-money laundering regulations require strict identity verification for cash transactions exceeding 100,000 yuan, affecting high-net-worth investors and increasing the focus on platform compliance and fund transparency [3][5]. Trading Costs and Profitability - With gold prices surpassing 3,400 USD per ounce, trading costs have become critical to profitability, with average spreads around 0.5 USD per ounce and commissions adding significant costs [4]. - Gold trading platforms like Jinseng Precious Metals offer competitive spreads as low as 0.3 USD per ounce and zero commissions, potentially saving investors 20-50 USD per trade [4]. Platform Compliance and Security - Compliance with regulatory standards is a top priority for investors, with Jinseng Precious Metals demonstrating strong compliance through unique transaction codes and strict fund segregation [5]. - The platform employs SSL encryption and multi-layer firewalls to ensure the security of client information and transaction data, achieving a zero incidence rate of system vulnerabilities in Q2 2025 [5]. Trading Experience and Technology - The high volatility in the gold market, with daily price swings reaching 55 USD per ounce, emphasizes the importance of platform stability for capturing profit opportunities [6]. - Jinseng Precious Metals supports MT4 and MT5 trading platforms with rapid order execution and a smart alert system to help investors manage risk effectively [6]. Investment Strategies for New Investors - New investors are advised to prioritize compliance by selecting regulated platforms and managing funds through traceable methods, especially given the new cash transaction regulations [8]. - Utilizing automated trading tools can enhance profitability, with data indicating that automated strategy users achieved an 18% higher average return compared to manual traders [8]. Overall Investment Framework - Investors are encouraged to adopt a "compliance-first, technology-driven, full-cycle management" investment framework amidst fluctuating gold prices projected between 3,209 and 3,905 USD per ounce in 2025 [9]. - Jinseng Precious Metals offers rapid account opening and withdrawal processes, along with a robust fund custody system, positioning itself as a reliable choice for navigating market volatility [9].

Group 1 - The demand for gold as a safe-haven asset has surged, with domestic gold bar and coin consumption increasing by 23.69% year-on-year in the first half of 2025, and gold ETF holdings reaching 199.505 tons, a 173.73% increase compared to the same period last year [1] - International gold prices surpassed $3000 per ounce in June and maintained a high of $3286 per ounce in July, reflecting a more than 24% increase since the beginning of the year, driven by rising expectations of Federal Reserve interest rate cuts and continuous gold purchases by global central banks [1] - As of June, China's gold reserves reached 2298.55 tons, with global central bank gold purchases hitting a historical high for the same period [1] Group 2 - The People's Bank of China implemented stricter regulations on cash transactions over 100,000 yuan, effective August 1, 2025, which has made compliance qualifications a key measure of platform legitimacy [4] - The top 10 stable spot gold trading platforms, as reported by Sina Finance, are dominated by Hong Kong AA-class member platforms, with Jinsheng Precious Metals ranking prominently due to its mature trading system and professional services [4] Group 3 - The high volatility in the gold market necessitates the establishment of a dynamic risk control system for investors, as demonstrated by Jinsheng Precious Metals' intelligent risk control system that reduces the risk of client liquidation by 60% [5] - The trend towards "lightweight" gold investment is evident, with a 149.17% year-on-year increase in gold futures and options trading volume in the first half of 2025, indicating a preference for leveraged tools among investors [5] Group 4 - Jinsheng Precious Metals ensures client fund safety through a three-tier protection system, with client funds stored in dedicated accounts at licensed banks in Hong Kong and subject to daily audits by PwC [6] - The platform supports MT4/MT5 with order execution speeds below 0.03 seconds and a slippage rate controlled within 0.05%, providing a stable trading environment during volatile periods [7][8] - Jinsheng offers instant fund deposits and withdrawals within 2 hours, significantly improving upon the industry standard of 2-3 days [9] Group 5 - Jinsheng provides a comprehensive service system, including a "21-day simulation training camp" and one-on-one customer service, integrating AI analysis tools and expert live broadcasts to cover all trading scenarios [10] Group 6 - The gold market is entering a new phase of "regulated development" amid intertwined Federal Reserve policy shifts and geopolitical risks, with Jinsheng Precious Metals establishing a six-layer security system encompassing regulation, custody, technology, privacy, risk control, and service [11]

Group 1: Gold Consumption Trends - In the first half of 2025, China's gold consumption reached 505.205 tons, a year-on-year decrease of 3.54% [1] - Gold jewelry consumption was 199.826 tons, down 26% year-on-year, while gold bars and coins saw an increase of 23.69% to 264.242 tons [1] - Industrial and other gold usage rose by 2.59% to 41.137 tons, driven by a recovery in demand for gold salts [1] Group 2: Trading Volume and Market Activity - The Shanghai Gold Exchange reported a total trading volume of 16,786.870 tons in the first half of 2025, a 12.7% increase year-on-year, with a trading value of 12.118 trillion yuan, up 56.46% [1] - The share of gold trading in the total trading volume of the Shanghai Gold Exchange increased from 96.27% to 97.58% [1] - The Shanghai Futures Exchange recorded a trading volume of 75,477.958 tons for gold futures and options, an 88.39% increase year-on-year, with a trading value of 44.4429 trillion yuan, up 149.17% [2] Group 3: Investment Trends - Domestic gold ETF holdings increased by 173.73% to 84.771 tons in the first half of 2025 compared to the same period in 2024, with total holdings reaching 199.505 tons by the end of June [2] - The establishment of an international warehouse by the Shanghai Gold Exchange in Hong Kong marks a significant development, facilitating gold trading contracts in the region [2] Group 4: Gold Prices - Global geopolitical tensions have driven up gold prices, with the London spot gold price reaching $3,287.45 per ounce by the end of June, a 24.31% increase since the beginning of the year [3] - The average gold price in the first half of 2025 was $3,066.59 per ounce, up 39.21% year-on-year [3] - In China, the closing price for Au9999 gold on the Shanghai Gold Exchange was 764.43 yuan per gram, a 24.50% increase since the start of the year, with an average price of 725.28 yuan per gram, up 41.07% year-on-year [3]

Core Insights - Gold remains a central focus for investors in uncertain financial markets, with Velos Markets emerging as a preferred trading platform due to its flexible and professional services [1] Group 1: Trading Mechanism and Platform Advantages - Velos Markets employs a T+0 trading mechanism for gold spot trading, allowing investors to buy and sell multiple times within the same day without waiting for settlement [3] - The platform offers low spreads starting at $0.3 per ounce and leverage up to 1:500, enhancing capital efficiency [3] Group 2: Intelligent Decision Support - Velos Markets has developed a unique decision support system that analyzes high-frequency data and macroeconomic cycles, providing real-time insights for investors [4] - The platform offers a "core + satellite" strategy template, allocating 70% to long-term positions and 30% to short-term trades, balancing long-term trends with short-term opportunities [4] Group 3: User-Friendly Design for Beginners - The platform features a tiered growth path for beginners, starting with a simulated account offering $100,000 in virtual funds for risk-free practice [6] - A risk alert tool monitors position ratios and triggers warnings when margin usage exceeds 50%, acting as a protective measure for trading accounts [6] Group 4: Global Trading Network and Risk Control - Velos Markets connects major gold pricing centers in London, New York, and Hong Kong, ensuring optimal quotes during peak liquidity periods [7] - The risk control system includes a "three firewall" design to mitigate the impact of unexpected market events [7] Group 5: Market Trends and Strategy Adaptation - The current market exhibits characteristics of high inflation resilience, high debt risk, and high volatility, prompting analysts to recommend a "barbell strategy" [9] - Velos Markets excels in trade execution speed (average of 27 milliseconds) and offers over 200 hours of educational resources, although it has some limitations in slippage control during extreme market conditions [9]

Core Viewpoint - The article highlights the resilience of gold in the current financial market downturn, showcasing its role as a safe-haven asset amid geopolitical tensions and trade disputes [1][8]. Summary by Sections Gold Price Trends - As of early April, international gold prices briefly fell below $3000 per ounce but quickly recovered, with a current decline of approximately 3% since the beginning of April [1]. - In the first quarter of the year, gold prices surged by 19%, with nearly 10% of that increase occurring in March alone [1]. Central Bank Gold Purchases - In March, China's central bank increased its gold reserves by 2.8 tons, bringing the total to 2292.33 tons, marking five consecutive months of gold accumulation [2][3]. - The first quarter saw a total increase of 12.75 tons, significantly lower than the 57.85 tons added in the same period last year [3]. Factors Influencing Central Bank Purchases - The central bank's gold purchasing strategy is influenced by the low proportion of gold in its international reserves and the need to enhance the credibility of the sovereign currency [2][7]. - The recent slowdown in gold purchases is attributed to the need to balance investment returns and the overall growth of official reserves [5]. Global Central Bank Trends - Globally, central banks have maintained a trend of increasing gold reserves, with a net purchase of 42 tons in the first two months of the year [7]. - China's gold reserves account for only 6.5% of its total official reserves, which is below the global average of around 15% [7]. Market Volatility and Future Outlook - The announcement of "reciprocal tariffs" by the Trump administration has led to significant volatility in various asset classes, but gold has shown relative stability [8]. - Despite recent price corrections, many institutions predict that gold prices will continue to rise in the medium to long term due to ongoing geopolitical uncertainties and inflation concerns [9]. Investment Demand for Gold - The first quarter of the year saw a significant increase in trading volume for gold derivatives in China, with a 91.2% increase in trading volume compared to the same period last year [9]. - Global gold ETF demand surged in February, with inflows reaching $9.4 billion, marking the highest demand since March 2022 [11].