中国银河证券：推动金价上行的因素未出现实质性改变

中国银河证券2025-05-06

5月6日，中国银河证券表示，2025年，黄金价格上行的推动因素是多样的，受到经济支撑、规则支撑、风险支撑、结构支撑等多方面因素影响。黄金多头逻辑已经兑现，推动黄金价格上行的因素尚未出现实质性改变，黄金进入震荡阶段，基本逻辑没有变化，价格调整是正常现象，预计调整幅度可能在5%—10%。黄金突破区间可能需等待美联储降息或实物黄金需求爆发。未来，需要进一步观察美国经济情况是滞胀还是衰退：如果出现滞胀且...

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