黄金白银日报：疫苗提振市场信心，金银延续震荡运行

东吴期货研究所 021-63123063 www.dwfutures.com 323 疫苗提振市场信心，金银延续震荡运行 类别品种开盘最高最低收盘单日涨跌%5日涨跌%伦敦金1888.701899.151865.301889.350.070.01伦敦银24.6925.0724.2224.780.100.46纽约金1886.601898.001861.501890.200.130.21纽约银24.8025.1624.2624.880.330.42上期金397.50399.76393.72396.84-0.340.15上期银5111.005268.005092.005197.00-0.152.10上金T+D395.03398.50389.68395.86-0.220.16上银T+D 5059.005239.005016.005170.00-0.082.15CRB商品154.11154.56153.33153.821.291.29LME 铜7028.507179.007020.507108.001.801.80WTI40.1742.0940.1541.380.053.11布伦特42.7144.6742.7143.822.432.43美元92.71992.84492.46492.642-0.12-0.12欧美1.18291.18691.18141.18630.080.25澳美0.72670.73290.72590.73270.100.78人民币6.58846.59146.57016.58480.33-0.33美10年期TIPS-0.8510-0.8269-0.8748-0.85-1.49-0.21美10年期国债收益率138.0781138.2500137.8438138.090.05-0.01美5Y5Y通胀平衡预期1.80331.83421.78491.790.00-0.49 黄金ETF VIX 17.710018.310017.340018.313.213.21白银ETF VIX43.750044.020041.790042.09-4.77-4.77黄金11月12日11月16日白银11月12日11月16日上金T+D-AU2012-1.18-1.55上银T+D-AG2012-28-43AU2106-AU20126.045.88AG2106-AG2012110111伦敦金/伦敦银76.7576.30上金/上银78.1976.20纽约金/纽约银75.9974.95期金/期银75.9974.95金衡盎司盎司日期持有量（吨）持仓量增减持有量持有量（吨）持仓量增减持有量2020-11-131234.32-5.2539,684,62717709.4305693713572020-11-121239.57-1.1739853533.217709.43-89.67569371357昨日库存本日库存库存增减上期金219921990上周本周增减上期银22002572205287503012327541209313-23441贵金属市场信息表现货黄金周一盘初走高，不断逼近1900关口，最高触及1898.95美元/盎司，随后小幅下挫。白银周一一度上触25美元关口，但欧盘跟随黄金跳水，最低触及24.20美元，最终收涨0.39%，报24.73美元/盎司。Moderna疫苗94.5%有效给世界更多希望，打压避险美元跌创一周新低至92.46，商品货币和欧美股市全线上涨。宏观和基本面贵金属相关品种比价价差品种相关性iShares白银ETFSPDR黄金ETF全球最大黄金ETF--SPDR Gold Trust持仓较上日减持5.25吨至1234.32吨。白银ETF--iSharesSilverTrust持仓较上日持平至17709.43吨，市场谨慎看待贵金属基金持仓白银可用库容量 千克交易策略库存信息Moderna Inc.疫苗的好消息和进一步防疫封锁与加大经济刺激的前景。新冠肺炎治疗的前景光明可能正在压制对黄金ETF的需求。最大的黄金ETF?SPDR Gold Shares上周出现2016年以来最大规模单周资金流出目前金价仍维持在重要的1850美元支撑线之上，但需要突破1900美元，才能使交易商相信未来金价仍有上涨空间。金银短期维持弱反弹，稳健投资者参照金价1850-1920美元滚动操作。 快手必读---黄金白银日报 东吴期货研究所 宏观与金融工程组 万 涛 021-63123175 从业证书：F0288751 投资咨询证书：Z0012259 期市有风险，投资需谨慎！ 研究所办公地址： 上海市-黄浦区西藏南路1208号6楼 苏州市-工业园区星阳街5 号东吴证券大楼8楼 2020年11月17日星期二 东吴期货研究所 www.dwfutures.com 第 2 页 【市场信息参考】 每日交易行情表 合约收盘价 元涨跌 元涨跌幅 %持仓量 手持仓量变化 手成交额 万元成交量 手沪金2011395.640.000.000000沪金2012396.640.400.1089,414-6,3334,188,518105,185沪金2101397.620.240.063,57285108,3302,712沪金2102398.16-0.06-0.0244,3941,2341,807,64445,204沪金2104400.660.440.1130,8721,164686,05217,062沪金2106402.520.320.0847,6451,196444,38711,003沪金2108404.540.460.1113,837-16764,7871,596沪金2110407.220.800.207232045全部合约229,806-2,8187,299,921182,767沪银20115,182.00105.002.072,11622,560328沪银20125,228.00138.002.71275,858-20,4496,380,963817,143沪银21015,246.00135.002.64110,2937,6241,778,168226,563沪银21025,269.00137.002.67114,5068,0881,779,962225,877沪银21035,288.00137.002.6662,765-317189,60923,970沪银21045,300.00141.002.7340,62254251,7206,514沪银21055,323.00143.002.7634,0181,32771,1788,927沪银21065,339.00143.002.7591,5651,614276,19234,609沪银21075,347.00141.002.71271151965沪银21085,358.00139.002.66137317722沪银21095,376.00138.002.63280-433842沪银21105,383.00125.002.3868-349261全部合约732,499-1,57210,531,8771,344,121金银基金持仓和CFTC非商业持仓量主要数据跟踪 -15-10-505101520253035121012201230124012501260127012801290黄金持仓量增减（吨）黄金ETF持有量-300-200-10001002003004005001500015500160001650017000175001800018500持仓量增减（吨）白银i s hares持仓量 0.001.002.003.004.005.006.007.008.00380385390395400405410415420上期金远近合约价差及走势2106-2012沪金2012沪金21060.0020.0040.0060.0080.00100.00120.00140.004000450050005500600065002020-09-092020-09-112020-09-132020-09-152020-09-172020-09-192020-09-212020-09-232020-09-252020-09-272020-09-292020-10-012020-10-032020-10-052020-10-072020-10-092020-10-112020-10-132020-10-152020-10-172020-10-192020-10-212020-10-232020-10-252020-10-27上期银远近合约价差及走势2106-2012沪银2012沪银2106 东吴期货研究所 www.dwfutures.com 第 3 页 (12.00)(10.00)(8.00)(6.00)(4.00)(2.00)0.00350370390410430450470上金期现基差及走势现-近期沪金2012SGE黄金T+D(120.00)(100.00)(80.00)(60.00)(40.00)(20.00)0.0020.0040.00330038004300480053005800630068007300上银期现基差及走势现-近期沪银2012SGE白银T+D 0500100015002000250030002019-11-122019-11-272019-12-122019-12-272020-01-112020-01-262020-02-102020-02-252020-03-112020-03-262020-04-102020-04-252020-05-102020-05-252020-06-092020-06-242020-07-092020-07-242020-08-082020-08-232020-09-072020-09-222020-10-072020-10-222020-11-06库存期货:黄金10000510000101000015100002010000251000030100002019-09-162019-10-012019-10-162019-10-312019-11-152019-11-302019-12-152019-12-302020-01-142020-01-292020-02-132020-02-282020-03-142020-03-292020-04-132020-04-282020-05-132020-05-282020-06-122020-06-272020-07-122020-07-272020-08-112020-08-262020-09-102020-09-252020-10-102020-10-25上海白银库存期货上海合计外运华东虹桥中储吴淞 数据来源：wind资讯，东吴期货研究所 当日经济数据前瞻 东吴期货研究所 www.dwfutures.com 第 4 页 免责声明：