?900????????,??????90?

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

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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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??????900????????,??????90??????

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