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

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

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