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

2????????

3???????

4????????????

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

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

1?31??????????,????0.66%,??2813.21??????/??,???????,????????????2800????/?;COMEX?0.51%,????2864.2????/?,??????????

???????????????????2????????2?????????????,?????????847?????????/?????????????????????

??????????????,????????,?????????????????,2025??3000????????????????/???????????

????846????????????

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

2??????????2?????????????????????,????????846??/??????????????????????,?,???????????847??/???????????,??????????????????????????????????????????????????????????????846???????????????????????????/??

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

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

??????,?,?,??????????,??????????????????????????????,??????,??????,??????“??,?”?

?,??

??????,??????????20?????????40??????????????/??????????????????,20?????25??????????????????/????????????????;????40?????/?????;????100??/????????????????????0????????;????????128????/?;???108??/??;?128??????/???????????????0????????????????????????

“?????,??????,??????????,????????????????????????”??????

2024?????????????,?25.83%,?????????????????????,????????

?????????????,2024??????985.31??,????9.58%??????532.02??????????????,????????24.69%;???????373.13??????????????,?????24.54%;??80.16??????,???????????4.12%?

????????????????????,2024????????,????????,????,????????????????????,?????????????????????????????????,???????,??,??

?,?,?,?“???????”??????????????????????,2024??????????????,??2024???????,??

“????????????????2024??,????,?????,??,?????????????????,?2024????,???????????”???

?3000??????????

??,?????

????:“???????????,???,???”

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

“????,??????????,?(????????)???????(ETF???????????????)?????”?????????,“??????,??2026?????,??????3000???????/??”

?????????,???????????????????2025???,???????????????????,2025??????3000??/??????,?????

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

???????????????,?????????????????????2024?11?“???????????”????,????????,????,??????????????,?,??

????«2025??????»????????,2025?????????,???????10??????????????,2025?,?????????????????????????????,???????????

??? ??

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