金吾财讯 | 黄金股普跌，灵宝黄金(03330)跌7.76%，招金矿业(01818)跌6.03%，山东黄金(01787)跌4.63%，中国黄金国际(02099)跌3.83%，紫金矿业(02899)跌3.13%。
德国资产管理公司DWS发表2025年2月市场展望，DWS全球首席投资总监 Vincenzo Vedda认为，去年黄金表现亮眼，其强劲涨势在2025年初持续不减，并首次突破每盎司2800美元。未来12个月内，金价进一步上涨的空间可能受限。除非西方投资者大幅增持黄金ETF，或地缘政治冲突进一步加剧，否则金价金价难以出现显著上涨。
兴业研究表示，短期而言，金价近期快速上涨已经积累了较多的获利盘，若乌克兰危机结束，在情绪上或会对金价造成负面冲击。但当前美国政府债务高企以及全球劳动生产率低迷的背景下，各种冲突完全平息存在难度。可能更多的呈现一种此消彼长态势，所以黄金的避险属性仍将凸显。长期而言，受益于债务周期尾部、劳动生产率下行等长期因素，黄金大周期上行逻辑依旧稳健。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.