黄金白银日报：美联储决议前市场维持观望，铜价大涨部分支持金银

东吴期货研究所 021-63123063 www.dwfutures.com 323 美联储决议前市场维持观望，铜价大涨部分支持金银 类别品种开盘最高最低收盘单日涨跌%5日涨跌%伦敦金1781.391785.611769.911771.21-0.30-0.34伦敦银26.2326.4626.0526.16-0.410.60纽约金1780.001782.001777.701778.00-0.070.06纽约银26.2826.5226.1026.19-0.810.46上期金373.10375.04372.02373.00-0.08-0.54上期银5409.005501.005400.005474.000.940.46上金T+D372.30374.03370.75372.21-0.09-0.56上银T+D 5373.005465.005345.005439.000.930.39CRB商品198.11200.17198.11200.091.002.06LME 铜9795.509965.009784.509855.501.073.18WTI61.9763.3061.9163.030.141.43布伦特65.7666.8065.6666.510.140.61美元90.87691.07190.81490.9660.060.12欧美1.20861.20931.20571.2081-0.08-0.13澳美0.78000.78050.77520.7754-0.140.19人民币6.48556.49076.48086.48310.04-0.20美10年期TIPS-0.7985-0.7707-0.8142-0.781.030.31美10年期国债收益率132.3594132.3906131.9531131.97-0.05-0.35美5Y5Y通胀平衡预期2.25902.32022.25902.290.002.14 黄金ETF VIX 15.080015.140014.700014.77-4.77-6.16白银ETF VIX32.640032.840031.710031.84-1.881.53黄金4月26日4月27日白银4月26日4月27日上金T+D-AU2106-1.61-0.69上银T+D-AG2106-39-22AU2112-AU21062.522.6AG2112-AG21068787伦敦金/伦敦银68.3768.02上金/上银69.2969.50纽约金/纽约银68.1967.73期金/期银68.1967.73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2021-4-271021.7032,848,57317688.1705686877152021-4-261021.7032848573.3917688.17-36.07568687715昨日库存本日库存库存增减上期金360036000上周本周增减上期银22726452256964-1568112327541209313-23441白银可用库容量 千克交易策略库存信息明后日，贵金属投资者将密切关注美联储是否会发出任何信号，暗示他们将看到更长期、可持续的通胀。国际金价上冲1800美元关口遇阻，白银反弹至26美元关口上方。国内，激进投资者待金银回踩，多单持有，稳健投资者采取高抛低吸交易。iShares白银ETFSPDR黄金ETF全球最大黄金ETF--SPDR Gold Trust持仓较上日持平至1021.7吨。白银ETF--iSharesSilverTrust持仓较上日持平至17688.17吨，市场谨慎观望金银。基金持仓贵金属市场信息表现货黄金周二窄幅波动，全天大部分时间都在1773-1782美元区间内震荡，美盘后持续走低；现货白银则呈上行趋势，美盘出现较大回调。截至收盘，现货黄金跌0.26%，报1776.19美元/盎司；现货白银涨0.25%，报26.24美元/盎司。随着刺激措施、疫苗接种和气候承诺推动全球疫后复苏前景，铜价周二延续升势，创出了十年来的最高水平，在美联储开始为期两天的政策会议之际，金价也保持稳定。宏观和基本面贵金属相关品种比价价差品种相关性 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 2021年4月28日星期三 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 2021-4-28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AU2105.SHF372.44-1.98-0.5354-285523AU2106.SHF373.14-1.90-0.51110,942-3,7946,088,975162,815AU2107.SHF374.02-2.34-0.6241-11504AU2108.SHF374.16-1.68-0.4539,188-722959,01725,575AU2110.SHF375.10-1.60-0.4233,029-51488,23912,988AU2112.SHF375.74-1.90-0.5029,4651,106146,4493,891AU2202.SHF376.38-2.74-0.7284145312AU2204.SHF378.98-1.02-0.27230762全部合约212,826-3,4637,684,214205,310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AG2105.SHF5,365.00-75.00-1.386,471-48115,4981,914AG2106.SHF5,381.00-68.00-1.25380,185-11,3026,880,592846,995AG2107.SHF5,399.00-67.00-1.2350,110-5741,130,948138,804AG2108.SHF5,416.00-68.00-1.2439,5452,313354,69743,418AG2109.SHF5,431.00-71.00-1.2921,1421,09686,45610,547AG2110.SHF5,443.00-72.00-1.313,94419732,8353,997AG2111.SHF5,464.00-57.00-1.033,3447325,1783,055AG2112.SHF5,468.00-71.00-1.2862,4572,685225,76627,362AG2201.SHF5,483.00-69.00-1.24222-2039047AG2202.SHF5,489.00-81.00-1.45170-111714AG2203.SHF5,565.00-20.00-0.361230253AG2204.SHF5,557.00-43.00-0.7717-1506全部合约567,730-6,0158,752,5511,076,162 020,00040,00060,00080,000100,000120,000140,000AU2103.SHFAU2104.SHFAU2105.SHFAU2106.SHFAU2108.SHFAU2110.SHFAU2112.SHFAU2202.SHF上期金持仓量与成交量持仓量手成交量...0100,000200,000300,000400,000500,000600,000700,000800,000900,000上期银持仓量与成交量持仓量手成交量... -812 -13 -2,155 2,058 1,029 880 3 -20,000020,00040,00060,00080,000100,000120,000140,000AU2103.SHFAU2104.SHFAU2105.SHFAU2106.SHFAU2108.SHFAU2110.SHFAU2112.SHFAU2202.SHF上期金持仓量与持仓量变化持仓量变化...持仓量手-202 304 -635 -1,903 -134 59 109 -5 1 -429 -1 -9 -50,000050,000100,000150,000200,000250,000300,000350,000400,000450,000500,000上期银持仓量与持仓量变化持仓量变化...持仓量手 东吴期货研究所 www.dwfutures.com 第 3 页 金银基金持仓和CFTC非商业持仓量主要数据跟踪 -14-12-10-8-6-4-2024695010001050110011501200黄金持仓量增减（吨）黄金ETF持有量-600-500-400-300-200-10001002003001600016500170001750018000185001900019500200002050021000持仓量增减（吨）白银i s hares持仓量 (5.00)(4.50)(4.00)(3.50)(3.00)(2.50)(2.00)(1.50)(1.00)(0.50)0.00345350355360365370375380385上期金远近合约价差及走势2112-2106沪金2112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 (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 0500100015002000250030003500400045002020-04-232020-05-082020-05-232020-06-072020-06-222020