????:1???????:?????V

2?????????

3??????vx

4????????

5??????????????

??????,???????????????????COMEX?2800????????/???,??2830.39????????/???2872?????/???2???????????4??????????????,??????,?2820?/??????????

???????,??,??840???/????,??????????,??????????????????????,?????????????

?,??????????????????????????????,??,???????????3000?/?????????????????????????????,??????,??????????????????????ETF??????????????????????????

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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%???????,?????????????,??????,???,???

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???????????????,?,??????????,????????????????????????????????????????????????????????840???????????????/????????2?4??,??????????????,????????855????????????/??853???????????????/??

?????????,??????????,??????,????????????,????????????“???”??????????????,?????????????????7??????????????,???????????????600?????????,??,??,???

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?????,????????????????????,????????????,3????31???,??????????????,????10??????,??100??????????????

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2024??,???????????????????,???????,?,????????????????????????COMEX??????????27%?

2025??????????????????,?????,???????????????????????????,?????????,??????;????????,???,???????;??????????,????????????,???????????????

“??????????????????????????2025??????????,?????,??????3000???????????????????,????????????????”????,????????????,??,????????,???????????????????ETF????,??,???

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