????:1?????600?????:?????????

2????????

3????????????

4????????????

5????????

?????/??????????

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8???????????1?????,??????(COMEX)??2500??????????????????/?????????????????,?????????????????????2502.8??/????,?????????

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??,??????????????????,????????????

??????????,???????????????????

???????????????7????????????31???????,??????????????5.25%??????5.5%?????????????????????????2023?9????????

???????????????,??????????????????,???????“????????????”??????????????????????????????“???????????????”???,???,???????“?????”,????????“????????????”,?????9???????????????????

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???(CME)“?”,??????????9???????????????????25?90.5%,??????????50?9.5%?

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7??????????????31?????????,?(??????????)????

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????«?»????????????????,?(??????)??????????4%,?1258?????????,??;??????????????????????????????,???53%,????????329???

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?,???????

??,2024??????????2009??????????,??????????????????86?,????????35%,???53%;?????18%,???270?????????????

???,??????????0.2%,???????????????????6?????3.7%?

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????????,???????ETF??????????????140???,????????????????????,?????????;???????,????ETF??,??????????50%??????77%?

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?????,?????????????,???????,??2350-2485??/??????????????????????

?,???????????????,??????????????,?,???,?2025????2700-3000?????????????/???

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