中金公司有色金属行业首席分析师齐丁:黄金迎来2018年以来最大涨幅 背后是定价逻辑重构

格隆汇
Oct 26, 2025

格隆汇10月26日|在2025(第二十七届)中国矿业大会“紫金论坛—变革中的黄金矿业”上,中金公司有色金属行业首席分析师齐丁称,黄金在今年迎来2018年以来的最大涨幅,其背后是黄金定价逻辑的重构。他同样认为黄金将迎来一个长牛市。 齐丁认为,金价上涨首先源于全球对美元的信任度下降,这使得黄金定价逻辑从商品属性转向金融资产安全属性,致使在利率水平上升的情况下,持有黄金的机会成本大幅上升。以全球央行为...

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