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