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

1?31?,???0.66%,???????2813.21?/??,??????,?????2800??????????/???????????;COMEX??????????????0.51%,????????????2864.2????????????/???????????,???

?????2????2?????????????,?847???????????????????????????/???????

?,?????????,??,2025??3000????/??????

????846??????????????

????,??

2??2??,????????846????/?????????????????,??,??847???????????????/??????????,?????????????????????????????????????????????846????????????/????????????

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

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

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

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

????,??????20???????????????????40??????????????/????????,20??????????25??????????????????/?;?????????????????????40?/?;????100?/?????????????0?????????????????;???????128?/??????????????????;?108????????????????????/??????;????????????????128???/?????????????????0???

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

2024??????,?????????25.83%,???????????????????,??????

????????????,2024??985.31????????????????????,????9.58%??????532.02?????????,???????24.69%;???????373.13????????,?????????24.54%;?????????80.16??,???????????????????????4.12%?

???????????????????????,2024???????????????????????????,????????????,?,?,???????????,???????????????????,?,??????????????????

?,??????,?????,??“??”???????,2024????????,?2024?,???????????????

“??2024?,???,????????????,??????????,?????????????,???????2024?,??”??????????????

?3000????????

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

??:“?,??????????????????????????????,???????????”

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

“??????????????,?,????????(??)???(ETF???????)???”????????,“?,????????????????????2026?????????????????,??3000???????/??”

?????????,?2025?????????,?,2025????????3000??????/??????????,???????

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

???????????,?????????????????2024????????11??????????????????????“??????”??????????,?,????????????????,??,???????????????????????,??

????«2025??????????»???????,2025?????????????,????10?????????,2025??,??????????????,?????

? ????

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

??

??:???????????,??????????,??????????????