中信建投:铜、铝、黄金中长期配置逻辑清晰 投资围绕三大主线

E公司
Dec 08, 2025

人民财讯12月8日电,中信建投指出,四季度以来,全球宏观经济与地缘政治不确定性加剧,凸显了战略矿产资源在安全保障与价格弹性方面的投资价值。基于当前供需格局、政策导向及产业趋势,铜、铝、黄金三大品种的中长期配置逻辑清晰。铜受益于矿端供应紧张与绿色经济需求拉动;铝受限于国内产能天花板,并受益于轻量化及绿电需求;黄金则具备对冲风险及通胀的独特属性。投资应围绕三大主线:一是供给刚性,关注受资源约束和产能...

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