????? ?????????

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

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

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