金属、非金属与采矿:贵金属领衔 金属全面上行

长江证券
Jan 28

贵金属:地缘风险升级继续推升金银震荡上行,重视贵金属股弹性修复。本周白银继续冲高,金银比跌至近50 附近,创13 年新低;黄金同步走强,COMEX 黄金突破4900 美元/盎司,但波动显著加剧。1)地缘冲突催化避险需求,美伊局势升级(伊朗大规模抗议、美国制裁扩大)、特朗普宣称“拥有格陵兰岛”引发主权争议,避险情绪推动资金涌入贵金属;2)白银供需矛盾激化:全球白银库存较低,美国“232 调查”关税...

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