黄金白银日报：耶伦安抚市场美债收益率回落，金银短期止跌回升

东吴期货研究所 021-63123063 www.dwfutures.com 323 耶伦安抚市场美债收益率回落，金银短期止跌回升 类别品种开盘最高最低收盘单日涨跌%5日涨跌%伦敦金1683.541720.611680.241715.55-0.030.88伦敦银25.1326.1325.0425.980.172.91纽约金1679.301718.701676.701714.60-0.130.95纽约银25.2326.1525.2326.03-0.453.06上期金358.64364.86355.42364.161.861.58上期银5259.005450.005193.005448.003.612.50上金T+D355.60362.79354.01362.141.692.01上银T+D 5196.005383.005138.005381.003.502.69CRB商品192.28192.61190.69191.34-0.49-1.09LME 铜9011.509073.008755.008779.50-2.43-1.30WTI64.7365.9863.6363.98-0.05-3.19布伦特68.1369.3367.1267.52-1.06-2.65美元92.46392.50391.90791.958-0.38-0.02欧美1.18471.19161.18361.1893-0.07-0.18澳美0.76500.77260.76210.7705-0.120.25人民币6.53606.54426.50496.50650.300.14美10年期TIPS-0.6204-0.6189-0.7045-0.690.53-3.68美10年期国债收益率132.9688133.5938132.9688133.530.090.06美5Y5Y通胀平衡预期2.05342.09462.00382.080.000.38 黄金ETF VIX 19.890019.890019.260019.54-5.33-3.32白银ETF VIX41.910041.930039.430040.620.522.21黄金3月8日3月9日白银3月8日3月9日上金T+D-AU2106-1.1#N/A上银T+D-AG2106-39#N/AAU2112-AU210644.34AG2112-AG2106111102伦敦金/伦敦银67.39#N/A上金/上银69.06#N/A纽约金/纽约银67.32#N/A期金/期银67.32#N/A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2021-3-91061.98-1.4534,143,63118455.7705933666942021-3-81063.43-5.8334190488.3818455.77-101.09593366694昨日库存本日库存库存增减上期金386138610上周本周增减上期银24996192475011-2460812327541209313-23441贵金属市场信息表现货金银周二强势反弹，现货黄金美盘初涨破1720美元关口，较日低回升40美元，最终收涨1.9%，报1715.36美元/盎司；现货白银日内大涨4%，站上26美元，最终收涨3.19%，报25.92美元/盎司。现货白银大涨3.7%，最高触及26.13美元/盎司，收报25.93美元/盎司。财长耶伦发表了一些安抚人心的讲话、淡化了通胀失控前景，美国国债收益率回吐了部分涨幅，金价从前一交易日触及的九个月低点强劲反弹，周二大涨逾2%，最高触及1720.53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持仓较上日减持1.45吨至1061.98吨。白银ETF--iSharesSilverTrust持仓较上日持平至18455.77吨，市场谨慎偏空金银基金持仓白银可用库容量 千克交易策略库存信息虽然黄金被认为是对大规模经济刺激措施可能导致通胀攀升的一种对冲工具，但不断上升的国债收益率挑战了这一地位。基金SPDR Gold Trust的持金量周一跌至2020年4月以来最低水平。目前金价重回至1700美元整数关口上方，白银回踩至25美元技术关口上方。谨慎投资者短期维持观望，激进投资者金银空单逢反弹轻仓试空。 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3月10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 2021-3-10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AU2103.SHF352.82-5.54-1.552701063AU2104.SHF358.34-0.18-0.0514,629-1,268648,74518,189AU2105.SHF357.86-0.50-0.14121-34,546127AU2106.SHF359.04-0.06-0.02134,384-1,0345,384,195150,596AU2108.SHF360.60-0.04-0.0123,883-655819,29622,819AU2110.SHF361.72-0.58-0.1615,710-107321,1418,908AU2112.SHF363.00-1.56-0.433,41675858,2301,610AU2202.SHF364.28-2.00-0.555022547全部合约192,220-2,3077,236,513202,259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AG2103.SHF5,253.0017.000.3213,262-97412,8231,644AG2104.SHF5,246.006.000.1117,483-1,24122,5942,887AG2105.SHF5,274.0026.000.5025,02566242,17930,828AG2106.SHF5,293.0039.000.74446,4616,1878,331,5521,056,171AG2107.SHF5,311.0030.000.5744,384999996,417125,857AG2108.SHF5,333.0024.000.4518,991602245,39230,869AG2109.SHF5,349.0019.000.362,6386110,6921,340AG2110.SHF5,370.006.000.11708854,211525AG2111.SHF5,386.00-5.00-0.09861519,1881,145AG2112.SHF5,396.009.000.178,27136330,2153,756AG2201.SHF5,435.0010.000.18225114518AG2202.SHF5,419.00-8.00-0.15120015319全部合约578,4296,2009,905,5611,255,059 020,00040,00060,00080,000100,000120,000140,000160,000AU2103.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...0200,000400,000600,000800,0001,000,0001,200,000上期银持仓量与成交量持仓量手成交量... -1,268 -3 -1,034 -655 -107 758 2 -20,000020,00040,00060,00080,000100,000120,000140,000160,000AU2103.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-974 -1,241 66 6,187 999 602 61 85 51 363 1 0 -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 -15-10-50510152098010001020104010601080110011201140116011801200黄金持仓量增减（吨）黄金ETF持有量-1000-500050010001500200016000170001800019000200002100022000持仓量增减（吨）白银i s hares持仓量 (6.00)(5.00)(4.00)(3.00)(2.00)(1.00)0.00330340350360370380390400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 0500100015002000250030003500400045002020-03-052020-