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

??

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