????????? ?????

?????????,?????????????COMEX??2800????/??????,??????????2830.39??/??2872??/?????????2?????????4??????,??????????????????????,?2820????????????/?????

??????????,????????,????????????840???/??????????????,???????????,?????????????,??

????????,????????????????????????????????????????????????,???,??????????????3000????????????????????????????/????????,????,??????????ETF?????

??????

2?????4?,?????????????????????????,??????????????????2820?/??????,????,??????,??????????0.08%??????2816.63?????????????????/????????????????????,?2???,??????????????????????,????2830.39??/??,?????????????2814.38?????????????????/????????????????????????????

???????????,COMEX????????????????,????2872????????/???????,?2843.25????/?????

?,??????2?????????????1???,??????????????,??????????????????????25%????????????????,????????4?????,??2?3??,?????????????????,??????3??4???????????

?????????????(??)?,??25%??,??????????,????????????;???,???,????????????????

?????,???2024????????????????,???????????????????,???????????????COMEX???????????36%?37%?

?1??28?,??COMEX????????????2.74%?3.7%?????,???,????,?????????,???

???????????

????????????????,???,???????????????,???????????????????????840?????????????????/??2?????????4?,????????????????????,???855?????????/?????853???????/??

??????????,??,???????????????????????????????????????,???????????,?“??”???????????????????????????????????????????????????????,??????????????????7?????????,???????????????????600?,??????????,?????,??

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

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

????,??????,????????,3???????31????,???,??????????????????????????10???????????,??100???????????????

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

?

2024??????,????????????????????,???????????,??,???????COMEX???27%?

2025??????,?????,??,????????,??????????;????????????,??,????????????;??????,??,?????????

“????????2025??,?????????????,??????????3000??,????????????????????????”????????????,????????????,???????????,??,???????????????ETF????????,???????,?????????????

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

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