东吴期货研究所 021-63123063 www.dwfutures.com 323 美联储淡化通胀担忧，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1786.881818.111782.071814.51-0.042.57伦敦银26.4927.4626.1827.29-0.065.31纽约金1787.001818.601781.801814.90-0.042.67纽约银26.5627.5626.5627.463.626.22上期金373.50380.64373.08379.721.212.60上期银5430.005696.005402.005672.003.285.51上金T+D373.56379.48372.71378.501.042.35上银T+D 5414.005662.005380.005637.003.095.33CRB商品204.14205.61204.06205.250.552.75LME 铜9926.0010117.509892.0010092.001.432.72WTI65.2765.9864.5064.820.171.95布伦特68.4769.3767.9368.200.161.41美元91.26791.37990.83890.866-0.09-0.45欧美1.20051.20721.19931.20660.010.38澳美0.77470.77880.77010.77830.010.87人民币6.48066.48346.46406.46410.17-0.17美10年期TIPS-0.9058-0.8864-0.9331-0.89-0.08-13.67美10年期国债收益率132.6250132.7500132.5156132.61-0.050.44美5Y5Y通胀平衡预期2.25232.27972.24272.260.000.11 黄金ETF VIX 15.650016.810015.580016.575.5413.65白银ETF VIX35.100036.690034.960035.526.9219.39黄金5月5日5月6日白银5月5日5月6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2021-5-61019.33032,772,32217643.7-6.955672582642021-5-51019.331.1332772321.6817650.650567481435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22769852278431144612327541209313-23441白银可用库容量 千克交易策略库存信息投资者乐观等待周五将公布的美国非农就业数据。黄金和白银升至2月以来最高水平，因美联储官员淡化对通货膨胀的担忧，并推迟减码讨论，美元持续走低、美债收益率下滑。国际金价收报站上1800美元关口，白银反弹至27美元关口上方。国内，激进投资者待金银回踩确立后，多单加仓持有，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1019.33吨。白银ETF--iSharesSilverTrust持仓较上日减持6.95吨至17643.7吨，市场谨慎观望金银。基金持仓贵金属市场信息表周四，现货金银强势反弹，现货黄金日内自1785美元的日低持续走高，美盘初出现一波暴拉行情，将金价推至1817美元的两个半月高位，日内累计反弹超30美元，尾盘仍在高位震荡，最终现货黄金收涨1.56%，报1814.03美元/盎司；现货白银表现更加亮眼，日内一举突破27美元关口，最终收涨3.03%，报27.26美元/盎司。因印度新冠疫情以及美国需求回升放缓，凸显了全球复苏的不平衡。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5月7日星期五 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 2021-5-7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.SHF369.320.000.0051000AU2106.SHF376.286.201.6894,003-4002,598,29269,253AU2107.SHF376.845.801.5633-294025AU2108.SHF376.965.881.5841,442770657,65117,487AU2110.SHF377.866.041.6229,705244329,7658,747AU2112.SHF378.445.901.5840,6892,673305,6248,091AU2202.SHF379.025.921.5974-453014AU2204.SHF379.005.101.362421514全部合约206,0213,2833,892,953103,621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.SHF5,529.00181.003.385,346-1232,566311AG2106.SHF5,551.00175.003.26350,80414,2133,722,897451,872AG2107.SHF5,569.00176.003.2658,5681,718761,98892,124AG2108.SHF5,583.00166.003.0644,2592,193278,51733,571AG2109.SHF5,593.00166.003.0622,2001,05871,2168,570AG2110.SHF5,614.00174.003.204,67615030,0843,608AG2111.SHF5,627.00170.003.123,325229,3471,118AG2112.SHF5,643.00180.003.2991,85513,224403,09948,075AG2201.SHF5,664.00173.003.15196020224AG2202.SHF5,648.00167.003.05165-110913AG2203.SHF5,698.00184.003.34133232138AG2204.SHF5,696.00174.003.15240688全部合约581,55132,4565,280,415639,332 020,00040,00060,00080,000100,000120,000140,000AU2103.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 -14-12-10-8-6-4-2024696098010001020104010601080110011201140黄金持仓量增减（吨）黄金ETF持有量-300-200-1000100200300160001650017000175001800018500190001950020000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 0500100015002000250030003500400045002020-04-292020-05-142020-05-292020-06-132020-06-282020-07-132020-07-282020-08-1220