记者丨刘雪莹 吴斌 编辑丨曾静娇 北京时间2月27日晚，美股三大指数集体走低，三大指数均跌超1%。 大型科技股多数下跌，截至22:42，甲骨文、赛富时跌超4%；美股科技七巨头全线飘绿，英伟达、微软 跌超2%。 | 名称 | 现价 | 涨跌幅 | | --- | --- | --- | | 苹果(APPLE) | 269.160 | -1.39% | | 亚马逊(AMAZON) | 206.240 | -0.81% | | 谷歌(ALPHABET)-C | 306.280 | -0.28% | | 脸书(META PLATFORMS) | 641.605 | -2.34% | | 微软(MICROSOFT) | 393.080 | -2.15% | | 英伟达(NVIDIA) | 180.740 | -2.24% | | 特斯拉(TESLA) | 403.905 | -1.14% | 半导体股集体走低，费城半导体指数领跌市场，蓝博士半导体跌超5%，博通、格芯跌超2%。 云基础设施提供商CoreWeave跌超17%，创去年8月以来最大跌幅，巨额资本开支引发投资者担 忧。 多邻国股价一度跌22%，创下2023年2月 ...

北京时间2月27日16:46，金投网行情中心数据显示：内盘黄金期货小幅下跌，截至发稿沪金主力最新报 1147.90元/克，日内涨跌幅-0.09%，今日开盘价1144.50元/克，最高价1150.20元/克，最低价1136.02元/ 克，成交量194710手，上一交易日沪金主力收盘于1146.48元/克。 沪金主力日线MACD指标释放看涨信号，KDJ指标释放看空信号，RSI释放看涨信号。 COMEX黄金日线MACD指标释放看空信号，KDJ指标释放看空信号，RSI释放看涨信号。 打开APP，查看更多高清行情>> 外盘黄金期货小幅下跌，COMEX黄金价格最新报5197.90美元/盎司，日内涨跌幅-0.07%，上一交易日 收盘于5201.50美元/盎司，今日开盘价5201.40美元/盎司，最高价5217.50美元/盎司，最低价5182.90美 元/盎司，成交量29203手。 【技术分析】 ...

【技术分析】 COMEX黄金日线MACD指标释放看空信号，KDJ指标释放看空信号，RSI释放看涨信号。 打开APP，查看更多高清行情>> 北京时间2月27日16:46，金投网行情中心数据显示：纽约期金小幅下跌，COMEX黄金价格最新报 5198.80美元/盎司，日内涨跌幅-0.05%，上一交易日收盘于5201.50美元/盎司，今日开盘价5201.40美元/ 盎司，最高价5217.50美元/盎司，最低价5182.90美元/盎司，成交量29180手。 ...

【技术分析】 沪金主力日线MACD指标释放看涨信号，KDJ指标释放看空信号，RSI释放看涨信号。 COMEX黄金日线MACD指标释放看空信号，KDJ指标释放看空信号，RSI释放看涨信号。 外盘黄金期货小幅上涨，COMEX黄金价格最新报5206.40美元/盎司，日内涨跌幅0.44%，上一交易日收 盘于5183.70美元/盎司，今日开盘价5175.30美元/盎司，最高价5221.90美元/盎司，最低价5170.10美元/ 盎司，成交量28014手。 北京时间2月26日16:15，金投网行情中心数据显示：内盘黄金期货小幅上涨，截至发稿沪金主力最新报 1146.48元/克，日内涨跌幅0.00%，今日开盘价1148.68元/克，最高价1154.46元/克，最低价1144.08元/ 克，成交量169407手，上一交易日沪金主力收盘于1151.06元/克。 打开APP，查看更多高清行情>> ...

北京时间2月26日16:16，金投网行情中心数据显示：纽约期金小幅上涨，COMEX黄金价格最新报 5206.00美元/盎司，日内涨跌幅0.43%，上一交易日收盘于5183.70美元/盎司，今日开盘价5175.30美元/ 盎司，最高价5221.90美元/盎司，最低价5170.10美元/盎司，成交量28091手。 【技术分析】 COMEX黄金日线MACD指标释放看空信号，KDJ指标释放看空信号，RSI释放看涨信号。 打开APP，查看更多高清行情>> ...

ITC国贸期货 投资咨询业务资格:证监许可【2012】31号 | | | | | 国贸期货研究院 | | 投资咨询号:Z0013700 | | | 2026/2/26 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 贵金属与新能源研究中心 白素娜 | | | 从业资格号:F3023916 | | | | 内外盘金 | 日期 | 伦敦金现 | 伦敦银现 | COMEX黄金 | COMEX白银 | AU2604 | AG2604 | AU (T+D) | AG (T+D) | | 银15点价 - | | (美元/盎司) | (美元/盎司) | (美元/盎司) | (美元/盎司) | (元/克) | (元/千克) | (元/克) | (元/千克) | | 格最紧 | 2026/2/25 | 5193. 14 | 90. 58 | 5212.00 | 90. 46 | 1151.06 | 23029.00 | 1147.40 | 22105.00 | | (本表数 | 2026/2/24 | 5170. 63 | 87 ...

Report Industry Investment Rating - Not mentioned in the provided content Core Viewpoints - The domestic commodity futures market closed mostly higher on February 25, 2026, with base metals leading the gains [1]. - The A - share market is expected to continue a mild upward trend after the Spring Festival, but the slope will be slower than in January, pricing in the warm Spring Festival consumption and technology event hotspots. The black metal and domestic bond markets may continue to fluctuate after the festival [16]. - The US economy shows a pattern of overall slowdown in expansion and structural differentiation in multiple fields. The US GDP growth rate slowed significantly in the fourth quarter, with personal consumption being the main drag, and inflation stickiness still exists [16]. Summary by Relevant Catalogs Financial Market Fluctuations - **Stock Index Futures**: The CSI 300 futures, SSE 50 futures, CSI 500 futures, and CSI 1000 futures all showed varying degrees of increase on February 25, 2026, with the CSI 500 futures having a relatively large daily increase of 1.61% [2]. - **Treasury Bond Futures**: The 2 - year, 5 - year, 10 - year, and 30 - year treasury bond futures mostly declined on February 25, 2026, with the 30 - year treasury bond futures having a relatively large daily decline of 0.48% [2]. - **Foreign Exchange**: The US dollar index increased by 0.15% on February 25, 2026, and the US dollar mid - price decreased by 225 pips [2]. - **Interest Rates**: The 7 - day inter - bank pledged repo rate increased by 23.34 bp on February 25, 2026, and the 10 - year Chinese government bond yield increased by 1.24 bp [2]. Popular Industry Fluctuations - On February 25, 2026, most industries showed an upward trend, with non - ferrous metals, steel, and basic chemicals having relatively large daily increases of 3.53%, 4.26%, and 2.37% respectively. The consumer services and media industries declined, with decreases of 0.52% and 0.92% respectively [5]. Overseas Commodity Fluctuations - **Energy**: On February 24, 2026, NYMEX WTI crude oil decreased by 0.35%, ICE Brent crude oil decreased by 0.14%, NYMEX natural gas decreased by 2.94%, and ICE UK natural gas decreased by 4.75% [8]. - **Precious Metals**: COMEX gold decreased by 1.25% on February 24, 2026, while CONEX silver increased by 0.57% [8]. - **Non - ferrous Metals**: LME copper, LME aluminum, LME zinc, LME tin, etc. showed different trends on February 24, 2026. For example, LME copper increased by 2.54% [8]. - **Agricultural Products**: CBOT soybeans, CBOT soybean oil, and other agricultural products also had different price changes on February 24, 2026. For example, CBOT soybean oil increased by 1.05% [8]. Macro Summary - **Domestic Macro**: During the Spring Festival, travel and consumption were strong, with the cross - regional passenger flow in the first 20 days of the Spring Festival travel season reaching 5.08 billion person - times, a record high. However, real estate sales were at a seasonal low, and the social financing in January started steadily. Due to the Spring Festival misalignment, the social financing data needs to be observed in combination with January - February data [16]. - **Overseas Macro**: The US economy shows a pattern of overall slowdown in expansion and structural differentiation in multiple fields. The GDP growth rate slowed significantly in the fourth quarter, personal consumption was the main drag, and inflation stickiness still exists [16]. - **Large - scale Assets**: Geopolitical uncertainties and Trump's tariff policies may support the prices of gold and silver in the short term. The crude oil market is dominated by geopolitical uncertainties, and the A - share market is expected to continue a mild upward trend after the Spring Festival. The black metal and domestic bond markets may continue to fluctuate, and the RMB may continue to strengthen in the second quarter [16]. Viewpoint Highlights - **Financial**: Stock index futures are expected to be volatile and slightly stronger; stock index options are expected to be volatile; treasury bond futures are expected to be volatile [17]. - **Precious Metals**: Gold and silver are expected to be volatile and slightly stronger [17]. - **Shipping**: The container shipping to Europe is expected to be volatile [17]. - **Black Building Materials**: Steel, iron ore, coke, etc. are all expected to be volatile [17]. - **Non - ferrous Metals and New Materials**: Many non - ferrous metals and new materials such as copper, aluminum, and nickel are expected to be volatile, with some showing a slightly stronger trend [17]. - **Energy Chemicals**: Crude oil, LPG, asphalt, etc. are expected to be volatile [19]. - **Agriculture**: Many agricultural products such as cotton, natural rubber, and soybean oil are expected to be volatile, with some showing a slightly stronger trend, while sugar is expected to be volatile and slightly weaker [19].

2月25日，COMEX 黄金延续高位震荡，报收5183.7美元/盎司，涨幅0.14%。国内SHFE金夜盘小幅探 涨，报收1153.90元/克，涨幅0.65%。地缘政治方面，美伊第三轮谈判即将举行，特朗普要听到"永不拥 核"的承诺，副总统万斯表示美对谈判抱有希望，但不排除动武。市场降低未来美联储降息押注下，地 缘政治成为黄金聚焦点，预计仍将在5000美元/盎司上下展开高位宽幅震荡，需关注本周美伊谈判进 展。 ...

来源：上海有色网 金属市场： 截至日间收盘，内盘基本金属普涨，仅沪锌唯一下跌，跌幅达0.04%。沪锡以7.62%的涨幅领涨，沪镍 涨2.32%。其余金属涨幅均在1%以内。氧化铝主连涨0.77%，铸造铝主连涨1.25%。 此外，碳酸锂主连涨3.4%，工业硅主连涨0.3%，多晶硅主连跌0.76%。欧线集运主连跌4.76%报 1278.6。 黑色系方面集体飘红，且涨幅均在1%以上，铁矿涨1.42%，不锈钢涨1.24%，螺纹钢涨1.72%，热卷涨 1.19%。双焦方面，焦煤、焦炭均涨2.32%。 外盘方面，截至15:04分，外盘基本金属普涨，伦锡以5.27%的涨幅领涨外盘基本金属，伦镍涨1%。其 余金属涨幅均在1%以内。 【上海市住房城乡建设管理委等五部门印发《关于进一步优化调整本市房地产政策的通知》 】据上海 住房城乡建设管理公众号消息：为更好满足居民刚性和改善性住房需求，促进房地产市场平稳健康发 展，2月25日，市住房城乡建设管理委、市房屋管理局、市财政局、市税务局、市公积金管理中心等五 部门联合印发《关于进一步优化调整本市房地产政策的通知》（以下简称《通知》），自2026年2月26 日起施行。一、进一步调减住房 ...

北京时间2月25日16:29，金投网行情中心数据显示：纽约期金短线走高，COMEX黄金价格最新报 5211.70美元/盎司，日内涨跌幅0.99%，上一交易日收盘于5160.50美元/盎司，今日开盘价5160.00美元/ 盎司，最高价5230.00美元/盎司，最低价5135.90美元/盎司，成交量29037手。 【技术分析】 COMEX黄金日线MACD指标释放看空信号，KDJ指标释放看空信号，RSI释放看涨信号。 打开APP，查看更多高清行情>> ...