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