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

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

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

????????????? ?????????????????????? ?????????:?????