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

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

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

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

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