持仓下降警示金价松动
关键词：金价走势
6月底至7月中旬，黄金机构持仓连续增加，并达到年内次高位置接近810吨，不过由于黄金迟迟未能有新的引爆点，该持仓数据已有所下降，投资者应对该情况有所警觉。巴克莱资本分析师对“乌克兰东部地缘政治紧张形势只能带来短期风险”这一观点表示赞同。
巴克莱表示，长期的宏观基本面，投资需求以及实物金需求趋势依然完好，黄金市场最终还是会意识到下行风险。贵金属瑞士设备经销商分析师表示，尽管黄金价格在上行上陷入困境，不过仍然预计地缘政治因素即将持续给黄金价格在1300美元/盎司附近提供支撑。
著名投行美银美林近日在一份研究报告中称，由于未来新兴市场买盘对金价构成的支撑逐步增强，这就意味着此前黄金市场最糟糕的时刻或许已离我们远去。
美银美林分析师表示，“经过了2013年的大跌修正，眼下今年金价已经开始企稳。从供需面来看，目前西方国家的黄金抛售已经放缓，而新兴市场的实物金买盘也已稳定，这在很大程度上稳住了金价。从中期前景来看，新兴市场国家无疑会变得更加富裕，而这也意味着实物金需求的增加，帮助金价脱离此前持续低迷的状态。回顾今年年初，当时金价还在固守1200美元/盎司，但目前已经反弹至了1300美元/盎司附近。”
不过，“当前特别是发达国家的投资者仍是黄金的边际买家，他们更倾向于根据宏观经济基本面的变化来买进或卖出黄金。不得不说的是，随着未来全球经济逐步正常化，利率/通胀将走高，料继续令金价承压。”
推荐阅读
本文来源： 大田环球贵金属
最新内容
Risk Warning
Trading bullion and financial instruments carries significant risks and may not be suitable for all investors, requiring careful consideration of investment objectives, experience, and risk tolerance. Key risks include market volatility, leverage risks that can amplify gains or losses, liquidity issues that may prevent executing trades at desired prices, and technical failures in online trading systems. Prices fluctuate unpredictably, and past performance does not guarantee future results. CIDT Global Bullion Limited provides general market commentary but does not offer investment advice and is not liable for any losses incurred from reliance on its information, which may change without notice.
Jurisdiction Disclaimer
CIDT Global Bullion Limited's services are subject to local regulations and may not be available in all jurisdictions. Users are responsible for ensuring compliance with their local laws. Services are not provided in regions where they are prohibited by law, under international sanctions, or require licensing that the company does not hold. By using the platform, users confirm they are not in a restricted jurisdiction and accept full responsibility for legal compliance. The company reserves the right to decline or terminate services in restricted areas without prior notice.