降息预期叠加基本面驱动,有色板块领涨市场【华福有色】20251228周报

华福有色钢铁
Dec 28, 2025

01投资要点贵金属:中东紧张局势提振避险需求,金价维持涨势。Ø贵金属:地缘风险叠加降息预期推升避险需求,黄金价格再创历史新高。本周周初低于市场预期的通胀数据刺激美联储降息预期,推动美债收益率下滑,为金银价格提供了上涨动力。随着美国与委内瑞拉的剑拔弩张、伊朗与以色列的潜在冲突、俄乌冲突的持续,以及美元疲软和美联储降息预期等多重因素的合力,金银价格再创历史新高。宏观经济数据走弱叠加地缘博弈升级,进一步...

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