黄金股逆市支撑 紫金黄金国际(02259)涨5.51% 机构指长期看央行增储将对金价形成强有力底部支撑

金吾财讯
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金吾财讯 | 黄金股逆市支撑,紫金黄金国际(02259)涨5.51%,赤峰黄金(06693)涨4.67%,潼关黄金(00340)涨2.09%,灵宝黄金(03330)涨1.86%,招金矿业(01818)涨1.29%,山东黄金(01787)涨1.35%。

华源证券指出,中期来看,“特朗普 2.0”主线中的关税和减税交易或在后续趋向平稳,“降息交易”将为黄金价格上涨提供较强动能,下半年预计美国货币政策变化将接力财政政策为黄金价格提供支撑,建议关注阶段性配置机会。长期来看,“降息交易”+“特朗普 2.0”双主线将在2025 年持续催化,保护主义+大国博弈背景下,央行增储将对金价形成强有力底部支撑,金价上行动能充足。。

杰富瑞分析师Fahad Tariq指出,支撑2025年金价的核心宏观因素预计将持续作用于2026年,具体包括全球去美元化趋势、美国财政压力、宏观环境整体不确定性、央行购金行为的持续性、实体黄金ETF需求以及Tether对黄金的采购活动。尽管实质利率进一步下行的空间受限,但黄金作为当前市场中唯一具备真正避险属性的资产,其地位依然稳固。该分析师预估2026年金价将维持区间震荡态势,而这一盘整格局对黄金产业而言仍具有积极意义。

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