????,?????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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