??2????20????????? (???????????)20????????????????????,??????????????????????????????????????890????/???,????895??/???

??,??????????,?(????????????????)????????2944.046???????/?????,COMEX??2960.8????????????????????????/????????????,????3000????/???

??????90???????

20?,????????????????????????????892?????/????????895???????????????/???892??/???????892??/??????????????????????????892??/????,?1??,?????????90??

2025?1??????,??????????800???/??2024?,??????620?/??????????????????????

?,?????1??????????????????25??????????????,?63????,?836?/??,??786?/???

“????,????900????????/??,???????????????4000???”????

2?????????5??,????,????????,2024?479??,?2023?24%??????????,?????????????????,?????????????:??2615????,???????7%,???

?,??2025?????????,?,????????,?,???

???????????????????7??

2025?????,??

2025??????????????Wind

1?????????30????????,COMEX???????????3%,???2853.2?????????/?????????,???2793?/?????????,??????1.26%?

1?31?,??2817??/????????,?,COMEX??????????????2862.9??/?????????

2?????????????5???,??????2870????/????,????????2877.04?????????/??????????????????,????????????1%;COMEX????2900???????????????????????/????????????????????????,??

2???????????7????????,?2886.79?/????,COMEX????????????2910.60???????/????????,???

2?10?,??????????2910?/??,??1.72%;COMEX????????????2916.5??????/????,?1%?

2??11??????????????,??????2942.71?/??,COMEX???????2968.5?????/???,?????????

2??????????19???????????,??,???????????2946.99????????????????????????????????/?,COMEX????????2964.4??????????/??????

???,2025??????????????,??????7??

?,????????????????,??2024?GDP???????,???????????????,????,???????????????????????????????,?,??????????????????????,2024???????????????????1000??,?,????????????????,?,??

2?7?,?,??:??ETF??????????,???????????????A?,?????????A???

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

2????7?,??,??,????????,????????????????,???,??

2????????????6?,??2026?????????????????3000???????????/?,???,????????????????????????????????10%??????????????????,??COMEX??(EFP)?????????????????

???2??5????,2025????????????,??????????,???????????ETF????2025??,??

(????????,???:liziman@chinanews.com.cn)(??APP)

(?,??,??????,??)

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