黄金白银日报：美联储维持鸽派不考虑缩减，美债美元走弱提振金银

东吴期货研究所 021-63123063 www.dwfutures.com 323 美联储维持鸽派不考虑缩减，美债美元走弱提振金银 类别品种开盘最高最低收盘单日涨跌%5日涨跌%伦敦金1776.601785.741762.701784.160.140.39伦敦银26.2726.3725.8426.330.501.26纽约金1768.201786.601764.601784.200.630.41纽约银26.3326.4325.8426.391.231.19上期金374.10375.04370.70372.48-0.09-0.68上期银5451.005501.005357.005401.00-0.75-0.88上金T+D373.26374.03369.45371.430.01-0.77上银T+D 5412.005465.005330.005370.00-0.61-0.89CRB商品200.09201.67199.40200.360.132.19LME 铜9861.509895.009719.009876.000.213.40WTI63.0464.5362.6763.81-0.032.69布伦特66.5867.8566.1367.21-0.091.66美元90.89791.12890.50890.518-0.10-0.38欧美1.20911.21371.20561.21370.080.33澳美0.77650.78080.77260.78010.130.80人民币6.48706.49016.47896.47900.06-0.27美10年期TIPS-0.7906-0.7658-0.8218-0.82-3.77-4.52美10年期国债收益率132.0156132.2031131.7188132.110.01-0.25美5Y5Y通胀平衡预期2.29452.32742.28552.300.002.26 黄金ETF VIX 15.110015.200010.880014.790.14-6.04白银ETF VIX30.250031.810030.210031.53-0.970.54黄金4月27日4月28日白银4月27日4月28日上金T+D-AU2106-0.52-0.8上银T+D-AG2106-29-39AU2112-AU21062.842.34AG2112-AG21069190伦敦金/伦敦银67.6868.07上金/上银69.0569.22纽约金/纽约银67.4168.02期金/期银67.4168.02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2021-4-281021.7032,848,57317688.1705686877152021-4-271021.7032848573.3917688.17-36.07568687715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225696422749541799012327541209313-23441贵金属市场信息表现货黄金周三走出V字行情，先是跌至1770美元下方，晚间开始回升，美联储决议后，黄金短线拉升，站上1780美元；现货白银日内呈震荡走势，凌晨短线拉升后出现较大回落。截至收盘，现货黄金涨0.28%，报1781.20美元/盎司；现货白银跌0.33%，报26.16美元/盎司。美联储一如预期维持利率不变，并维持月度债券购买规模不变，且美联储主席鲍威尔强化了尚未开始考虑放慢购债速度的信息。受美元和美债收益率下跌提振，现货黄金尾盘一度较日低回升近20美元，至1782.59美元/盎司。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。基金持仓白银可用库容量 千克交易策略库存信息鲍威尔极力强调美联储将不会缩减宽松政策，10年期美债收益率转跌，美元刷新2月26日以来低点至90.54。鲍威尔的讲话更添一层鸽派意味，支撑了金银市场走势。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。 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29日星期四 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 2021-4-29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.SHF373.221.340.3650-42617AU2106.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212,822-3,4657,683,620205,294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 -14-12-10-8-6-4-20246940960980100010201040106010801100112011401160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