??? ??????????
??,??????????“??????”????????????????!
2?11?????????,????????,?2942.18???????????????/??????????,???3000?/????????????,?????????????????????,??????????2900????????/??????????????
???????????2????????????????11?????????????????????????,????????????????????????????????????????999????????????886????????????????/??,?891/?????????
????????????,?????????(?????????????“??????????????”)?,???????
???????????????????
2024??????,??????????????26.6%,?2025???????,????????????1??????????????,??
???????,2??11?????????????,??????????????????????2940????????????????????,????????????????2942.71?/???,????2900?????????????????/????????????????????COMEX?????????????????2968.5???????????????????????????????????????????????/????????????,????????????
???2??????????????11??,?999??886?????/?????????????????,??891/???????
????????????????????12??????????????????????3000?/????????????????????,????????,??????????????????????????,??????????
?????????????????,???????????????,???????????????????????,???????????????????,???????;??????????????,????,??????????????
????????,?????????????????????????????????????,??????????????????????????,??????????????????????????,????
??????????????
????,2????????????????????????11??????????,????,??,??????????
???????,???????????????????,?????????????2025????2?????????????????????12????????(???????????)??????,Au(T+D)?mAu(T+D)?Au(T+N1)?Au(T+N2)?NYAuTN06?NYAuTN12??????10%?????????????11%,???9%???????????10%;CAu99.99???????????65000????70000???????????????????????
?????????????,????,?????,????????????????????????,??????????????????????????,????,???????
2??????????10???????,?????,???????????,??,???????????????????????,??????????,??,?????,?????????????
????
??????????????????,??????????????????,???????????????????????
??????,???App????????,???5g?10g?20g?50g?100g?200g????
?,?,????
?,?????«?»?,??????????????,??????????????2025????????????????2??10??????????,??:????,??650?????700?,????????200?,????????;?????????????,?1???????????????,???????1???
??«????»,????????2025????2????12????????????????,??0.01%????0.1%????????0.1%??0.2%???0.3%?
??????“????????????”
?,?????????????,????????
????,????????,??????
????,??,??????3000??????????????????????,??2900??????????????,?????????????????,?????????????????,??????????2850???????????????,??2800????,?????????,??????????????????????2025??????3000????????/???????????????,????,?????????
“?,????????????,?,??????,????,?????”????????,???
??,2025??????????????,???????,????????2025?????????2025?????????????????????????,??????????????????,?,????????
??????,????????????????????????????,????????????3000????/????????????,???????????????????,?????????????????????????,????????????,????,??,????COMEX????????????????????,???,?????????????? ???:???????????????????
??:???????????????????
??????:??????????????
???????????????????
?????????!???????????
????????!?????????4???
KO?????!?????????????4?
?????????????
?????????????????????
?????????????
?????????????????????
????????????:????????
??????????MVP??!???????
???????“???”«??»?????
«????»?????:IP?????????
????????????????????
??:????????????????
?????????????:????????
??????:??????????????
????????????:??AI????????
?????????:??????1.5%??????…
??????????????:??????
VR??????????:??????????
?????????????????????
????K?!??????!????????
2017???????????:???11?