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">
黄金熊市再次激起投资者的购买情绪……
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"> 由于六月金价以18
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">个月来最快的速度下跌，私人投资者的黄金购买也出现反弹。
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">上周五，六月的最后一个交易日，黄金录得了自2016
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11
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">月美国总统大选以来最差的月收市价格。
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">以美元计价的黄金价格在六月下跌4.2%
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">，而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">的黄金售卖人数对比五月，则减少了44.7%
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">，增加黄金持有量的投资者则增长了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">。
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">这推动黄金投资者指数从五月的52.4
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">上升至54.8
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">，这也是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">年以来的最高指数，同时也是自去年九月以来最大的月度指数涨幅。
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">自从特朗普总统入主白宫以来的20
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">个月里，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">黄金投资者指数已经有17
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">个月与美元金价的走势相反。
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">换句话来说，私人投资者作为一个整体对于黄金是持谨慎态度的，在价格下跌时买入，在金价上涨时暂停买入或卖出获利。
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">只要股市能够经受住不断恶化的政治局面，债务问题以及贸易战风险，那么这种谨慎就是有道理的。这也很好的解释了投资者对于黄金缺乏兴趣的原因，同时首次投资购买黄金的人数也下跌至2015
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">年底以来的最低数据，与五月的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">年新低持平。
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">来自谷歌搜索引擎的数据显示，今年六月“购买黄金”这一词条的互联网搜索了与五月份的11
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">年低点几乎不变，这是自2007
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">年七月全球经济危机爆发以来的最低搜索量。
2018
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">年迄今为止，首次黄金投资者的数量比过去5
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">年的上半年平均数量减少了四分之一，美国的新投资兴趣减少24.8%
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">，英国减少34.6%
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">，欧元区下降了15.5%
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">从持有量来看，六月所有的BullionVault
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">用户增长了自己的黄金持有量52
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">公斤，这也让总持有量回升至38.6
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">吨，比三月的历史高位38.8
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">吨略低。
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">今年六月，白银的需求也保持了积极的增长，客户总够增长了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">吨的白银持有量，连续第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">个月增长自己的白银持有量，总持有量再次突破历史高位至722
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">从买家卖家的数量来看，尽管白银卖家的数量对比五月份下降了7.1%
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">，但是白银买家的数量也下降了0.8%
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">，这让白银投资者指数从上个月的50.6
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">微微上升至50.9
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">与此同时，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">从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">年三月开始提供的贵金属铂金方面，投资者本月增加了56
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">公斤铂金持有量，这也推动铂金的总持有量在短短的三个月内升至0.6
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">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">和黄金一样，趁低吸纳的规则也适用于铂金，由于最近一段时间铂金价格的暴跌，也为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">这个新的铂金市场带来了更多的买盘。
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">随着夏天的到来，贵金属市场也将进入常规的淡季。加上贵金属市场今年以来一直处于下滑的状态，低价格看起来并不能刺激市场。
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">大量的储蓄户和投资者一般更倾向于购买正处于上升的东西，他们更多的会追随那些市场热门的投资产品。而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">年夏天，黄金白银和铂金都并不是这样的产品。
