华尔街分析师认为，近期黄金大涨主要受五大因素推动，而且都和投资者寻求避险有关。 #1 政策与宏观不确定性上升 特朗普政府的激进政策（例如干预美联储独立性、破坏全球贸易格局）制造了高度政策不确定性。 国庆假日期间，现货黄金价格屡刷历史新高，首次突破每盎司4000美元的门槛。2025年对黄金来说，是光彩夺目的一年。截至目前，黄金今年累计上涨超 50%，出现自20世纪70年代以来的最大涨幅。 对于贵金属投资者而言，探索一位成功黄金策略师的交易洞察，聚焦市场信号、风险管理以及现代黄金投资工具至关重要。 作为史上最伟大黄金交易员，约翰·保尔森（John Paulson）豪掷10亿美元押注黄金上涨，而他的黄金投资策略为交易者提供了永不过时的经验教训。 首先让我们来看看推动黄金价格上涨背后的因素。 五大催化因素推动了黄金的最新上涨 这种不确定性促使投资者转向避险资产，而黄金是避险资产的典型代表。 ✍ 逻辑链：政治风险上升 → 政策可预测性降低 → 投资者风险厌恶升高 → 黄金需求上涨 #2 美元疲软 美元近几个月下跌约10%，削弱了其全球储备货币的吸引力。 黄金与美元存在长期的负相关关系：美元贬值时，以美元计价的黄金自然更 ...

Core Viewpoint - The global commodity market is entering a "super cycle" with significant price increases in gold and oil driven by inflation and geopolitical risks [1][8]. Group 1: Gold and Oil Price Dynamics - Gold is seen as both a safe-haven asset and an inflation hedge, with prices surpassing $2400 per ounce, supported by central bank purchases and geopolitical tensions [4][6]. - Oil prices have risen due to supply-demand imbalances and geopolitical risks, with Brent crude oil prices returning above $85 per barrel, supported by OPEC+ production cuts and increased demand from China and the U.S. [4][7]. Group 2: TradeMax Platform Features - TradeMax offers a comprehensive trading platform for commodities, allowing users to trade gold and oil with features like low spreads and no expiration dates for contracts [4][5]. - The platform provides intelligent tools for decision-making, including real-time market analysis and alerts for significant economic events, enhancing trading strategies [4][8]. Group 3: Market Outlook - The outlook for gold and oil remains strong, with ongoing support from central bank purchases and geopolitical risks, although potential corrections may occur following Federal Reserve rate cuts [6][8]. - Technical analysis suggests gold could target $2500 per ounce, while Brent crude oil may challenge the $90 per barrel mark, indicating potential trading opportunities [8].