????:1?????????:??????

2?????????

3???????????

4?????????

5????????

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

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

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