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然妈看美股
12-10

这篇文章不错，转发给大家看看

道富：五大因素支撑黄金结构性牛市周期料2026年金价或上探至5000美元

不过，道富认为，现时有五大因素支撑黄金的结构性牛市周期，包括美联储宽松政策、强劲的央行与零售需求、ETF资金流入、股债相关性上升以及全球债务问题，成为支持金价的基础，而策略性资产重新配置及地缘政治因素，或将推升金价上探每盎司5,000美元水平。全球债务在2025年中攀升至340万亿美元，其中政府债务占比高达三成，创历史新高。自2020年经济衰退后，黄金ETF持有者持续4年赎回份额，导致实体黄金市场供应回升。

道富：五大因素支撑黄金结构性牛市周期料2026年金价或上探至5000美元

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

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href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025120915442297980b9f&s=b><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，黄金价格今年屡创新高，道富投资管理发布《2026年黄金展望报告》，指2025年金价升势创1979年以来最佳年度表现，预计在2026年将有所缓和，金价可能在每盎司4,000至4,500美元区间震荡走高。不过，道富认为，现时有五大因素支撑黄金的结构性牛市周期，包括美联储宽松政策、强劲的央行与零售需求、ETF资金流入、股债相关性上升以及全球债务问题，成为支持金价的基础，而策略性资产...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025120915442297980b9f&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","BK1594":"碳中和概念股","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU1769817096.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (USD) INC","LU0469268626.HKD":"AB FCP I-ASIA EX JAPAN 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