Moneta Markets外汇：央行购金升温黄金资产配置再受关注

和讯网12-04 18:24

央行在10月迎来今年最强劲的购金月度表现，多家长期买家重返市场，同时也有更多国家表现出增持意愿。根据世界黄金协会（WGC）高级分析师Krishan Gopaul的数据显示，当月各国央行的购金需求保持强劲。Moneta Markets外汇认为，这一趋势体现了主权机构在宏观不确定性下对避险资产的持续依赖。Gopaul的最新报告显示，10月央行净增持黄金53吨，环比增长36%。这一增持主要集中在少数大型...

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Markets外汇表示，尽管今年前十个月全球央行净购金量为254吨，增速略逊于过去三年，但这更多反映黄金价格走高的影响，而非需求疲弱。Emerging-market央行的持续买入说明配置黄金仍然属于战略性选择。当月的购金阵容中，除上述欧洲央行外，多家央行也保持增持趋势。例如，某南美央行连续第二个月买入黄金，10月增持16吨，使其储备升至161吨；其他来自亚洲、欧洲、非洲的多家央行亦有不同规模的净买入。仅有一国央行在10月录得3吨的储备减少。Moneta Markets外汇认为，各国央行之间的购金分布虽不均衡，但买家构成依旧广泛，这说明官方部门对黄金的长期配置兴趣仍在深化。到目前为止，今年购金最多的仍是前述欧洲央行，累计增持83吨，为第二名国家的两倍。展望未来，多家央行已经明确表达提升储备的意图，例如某东欧央行计划在2030年前将黄金储备提高至至少100吨，几乎是当前水平的两倍；在近期国际会议上，来自非洲及东亚的多国也表示正在考虑扩大黄金配置。Moneta Markets外汇认为，这与WGC调查中“绝大多数央行预计来年全球官方黄金储备将继续增加”的结果一致，进一步强化了黄金在央行资产中的战略地位。央行购金趋势的持续强化，显现出全球官方部门在通胀、流动性和地缘经济不确定性背景下对黄金这一无对手风险资产的重新估值。Moneta 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Moneta Markets外汇：央行购金升温 黄金资产配置再受关注

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Moneta Markets外汇：央行购金升温黄金资产配置再受关注