2016
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">年以来最低金价未能带动黄金投资……
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">自从美国总统大选以来，黄金价格下跌都会引起黄金投资的上涨。当金价上涨时，私人投资者们的投资兴趣则会回落，已经持有黄金的人会选择暂停买入或者出售手里的黄金获取利润。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">在西欧和北美的私人投资者中，这种逢低吸纳的行为和对从基金以及其他专业交易员的行为形成了鲜明的对比。
BullionVault
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">的客户作为一个私人投资者的整体，从2016
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年10
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月到2018
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年7
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月的22
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">个月中，有19
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">个月出现逢低吸纳的现象，即金价下跌投资增加，金价上涨则购买减少的现象。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">九月尽管黄金价格再次下跌，但是投资者指数也相应出现下跌。这已经是连续第二个月出现这种情况。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">出现这种情况的原因是由于黄金价格在2018
SimSun;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:
Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年9
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月已经是连续第6
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">个月出现下跌，市场中大部分的抄底者都已经在较早前做出了行动，而这些需求也主要来自于现有的黄金所有者，对于黄金投资的新需求再次出现急剧下降。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">较低的黄金价格阻止了现有持有人出售黄金，但是由于价格延续了自2013
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年历史性崩盘以爱最长的跌幅期，9
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月份的购买量也有所放缓。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">黄金价格在9
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月跌至2016
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年新年以来的最低水平，而9
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月的黄金卖家数量对比上个月减少了7.2%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">。但黄金买家的数量对比上个月也奸商了13.9%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">这让9
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">月的黄金投资者指数8
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月的56
SimSun;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:
Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">稍稍下跌至55
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">白银价格在9
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月也回落至2016
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年新年以来的最低水平，连续第三个月下跌，以美元计价的银价本月下跌将近5%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">这也让私人投资者的反应更为积极。9
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月白银买家的数量下降了4.5%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">，但卖家的数量则下降更多，下跌21.7%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">降至2010
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年8
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月以来的最低水平。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">这让白银投资者指数从8
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月的53.9
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">上升至7
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">个月高位54.3
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">从总持有量来看，白银的总持有量增加的也更多，上涨2.4%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">，总持有量升至记录新高745
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">吨。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">黄金的总持有量回升0.4%
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">至38.9
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">吨，接近七月的记录高位。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">而白银的新投资兴趣也有所减弱，9
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月在BullionVault
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">的白银首次存款投资者数量对比8
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">月的6
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">个月峰值下跌了23.7%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">。这也让白银的新投资兴趣比12
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">个月平均水平低16.4%
minor-latin;mso-fareast-font-family:SimSun;mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">。
Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:SimSun;
mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:
minor-latin" xml:lang="ZH-CN">在信贷危机10
mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:
SimSun;mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin" xml:lang="ZH-CN">年后，黄金的抵御危机功能似乎已经从记忆中消失，而贵金属正在尝试努力的吸引新投资者的兴趣。随着全球股市不断冲击历史高点，这可能会在未来几年内成为人们后悔的理由。而自美国总统大选和英国脱欧公投以来，贵金属价格现在的下跌也正在为投资者提供了更便宜的投资点。
