{"id":684,"date":"2026-05-28T12:18:11","date_gmt":"2026-05-28T04:18:11","guid":{"rendered":"https:\/\/copi-tools.com\/zh-hant\/?p=684"},"modified":"2026-05-28T12:18:14","modified_gmt":"2026-05-28T04:18:14","slug":"platinum-palladium-2026","status":"publish","type":"post","link":"https:\/\/copi-tools.com\/zh-hant\/platinum-palladium-2026\/","title":{"rendered":"\u9251\u91d1\u9200\u91d1\u50f9\u683c\u9810\u6e2c 2026\uff1a1 \u6708\u65b0\u9ad8\u5f8c\u7684 PGM \u5e02\u5834\u8207 CFD \u5be6\u52d9"},"content":{"rendered":"\n<p>2026 \u5e74 1 \u6708\uff0c<strong>\u9251\u91d1\u89f8\u53ca\u6bcf\u76ce\u53f8 2,860 \u7f8e\u5143<\/strong>\u3001<strong>\u9200\u91d1\u7a81\u7834 2,100 \u7f8e\u5143<\/strong>\uff0c\u96d9\u96d9\u5beb\u4e0b PGM\uff08\u9251\u65cf\u91d1\u5c6c\uff09\u65b0\u9ad8\u3002\u5230\u4e86 3 \u6708\uff0c\u9251\u91d1\u5df2<strong>\u8dcc\u7834 2,000 \u7f8e\u5143<\/strong>\uff1a2 \u6708 28 \u65e5\u885d\u7a81\u5f8c\u5e03\u862d\u7279\u539f\u6cb9\u5927\u7d04<strong>\u4e0a\u6f32 55%<\/strong>\uff0c\u9251\u91d1\u537b\u7d04<strong>\u4e0b\u8dcc 16%<\/strong>\uff08WPIC\uff09\u3002\u8981\u7406\u89e3\u9019\u6ce2\u80cc\u96e2\uff0c\u5f97\u540c\u6642\u770b<strong>\u9251\u91d1 \u9200\u91d1 \u50f9\u683c\u9810\u6e2c 2026<\/strong>\u7684\u4f9b\u9700\u5e95\u5c64\u8207\u5b8f\u89c0\u5b9a\u50f9\u908f\u8f2f\u3002<\/p>\n\n\n\n<p>\u672c\u6587\u4ee5 WPIC\u300aPlatinum Quarterly\u300bQ1 2026\u3001\u838a\u4fe1\u842c\u8c50\uff08Johnson Matthey\uff09PGM Market Report 2026\uff0c\u4ee5\u53ca CME Group \u8cb4\u91d1\u5c6c\u5b8f\u89c0\u5206\u6790\u70ba\u57fa\u790e\uff0c\u8aaa\u660e\u5169\u7a2e\u91d1\u5c6c\u70ba\u4f55\u540c\u5275\u65b0\u9ad8\u53c8\u540c\u906d\u62cb\u552e\u3001\u7d50\u69cb\u9762\u5dee\u7570\u4f55\u5728\uff0c\u4ee5\u53ca<strong>\u9251\u91d1 CFD \u4ea4\u6613<\/strong>\u7684\u5be6\u52d9\u6ce8\u610f\u9ede\u3002\u65b9\u5411\u6027\u8108\u7d61\u53ef\u642d\u914d <a href=\"https:\/\/copi-tools.com\/zh-hant\/gold-q1-2026-outlook\/\">2026 \u5e74\u9ec3\u91d1\u50f9\u683c\u9810\u6e2c<\/a>\u3001<a href=\"https:\/\/copi-tools.com\/zh-hant\/silver-2026-outlook\/\">2026 \u5e74\u767d\u9280\u50f9\u683c\u9810\u6e2c<\/a> \u8207 <a href=\"https:\/\/copi-tools.com\/zh-hant\/gold-vs-silver\/\" data-type=\"post\" data-id=\"680\">\u9ec3\u91d1 vs \u767d\u9280\u4ea4\u6613<\/a> \u4e00\u6587\u95b1\u8b80\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u9251\u91d1\u9200\u91d1\u50f9\u683c\u9810\u6e2c 2026\uff1a\u4e00\u6708\u65b0\u9ad8\u8207\u5b8f\u89c0\u9006\u98a8<\/h2>\n\n\n\n<p>2025 \u5e74\u521d\u81f3 2026 \u5e74 1 \u6708\u4e0b\u65ec\uff0cPGM \u8207\u91d1\u9280\u4e00\u6a23\u53d7\u300c\u901a\u81a8\u6050\u61fc\uff0b\u592e\u884c\u964d\u606f\uff0b\u8ca1\u653f\u8d64\u5b57\uff0b\u5730\u7de3\u98a8\u96aa\u300d\u63a8\u5347\u3002\u8f49\u6298\u4f86\u5f97\u5f88\u5feb\uff1a\u806f\u6e96\u6703\u4e3b\u5e2d\u4eba\u9078 Warsh \u7684\u5e02\u5834\u89e3\u8b80\u524a\u5f31\u300c\u592e\u884c\u5931\u53bb\u7368\u7acb\u6027\u300d\u6ea2\u50f9\uff1b2 \u6708 28 \u65e5\u5f8c\u80fd\u6e90\u50f9\u683c\u98c6\u5347\uff0c\u5e02\u5834\u6539\u62bc\u5347\u606f\u6216\u6e1b\u5c11\u964d\u606f\uff0c\u7f8e\u5143\u8d70\u5f37\uff0c\u8cb4\u91d1\u5c6c\u96c6\u9ad4\u56de\u6a94\u3002<\/p>\n\n\n\n<p>CME \u5c07\u6b64\u7a31\u70ba\u7d93\u5178\u7684<strong>\u300c\u8cb7\u9810\u671f\u3001\u8ce3\u4e8b\u5be6\u300d<\/strong>\u2014\u2014\u91d1\u5c6c\u5148\u6f32\u5728\u300c\u901a\u81a8\u5c07\u4f86\u300d\u7684\u9810\u671f\u4e0a\uff0c\u7b49\u901a\u81a8\u771f\u7684\u843d\u5730\u3001\u5229\u7387\u9810\u671f\u8f49\u5411\uff0c\u77ed\u7dda\u53cd\u800c\u5229\u7a7a\u3002\u6211\u500b\u4eba\u8a8d\u70ba\uff0cPGM \u56e0\u5de5\u696d\u5c6c\u6027\u66f4\u5f37\u3001\u5408\u7d04\u6d41\u52d5\u6027\u8f03\u8584\uff0c\u540c\u6a23\u7684\u5b8f\u89c0\u885d\u64ca\u4e0b\uff0c\u6ce2\u52d5\u5e45\u5ea6\u5f80\u5f80\u5927\u65bc\u9ec3\u91d1\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u540c\u5c6c PGM\uff0c\u9700\u6c42\u5f15\u64ce\u5b8c\u5168\u4e0d\u540c<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">\u9251\u91d1\uff1a\u591a\u8cfd\u9053\uff0b\u9023\u5e74\u77ed\u7f3a<\/h3>\n\n\n\n<p>\u9251\u91d1\u9700\u6c42\u6a6b\u8de8\u6c7d\u8eca\u89f8\u5a92\uff08\u5c24\u5176\u67f4\u6cb9\uff09\u3001\u73e0\u5bf6\u3001\u5de5\u696d\u8207\u6295\u8cc7\u3002WPIC 2025 \u5e74\u5be6\u7e3e\uff1a\u6c7d\u8eca <strong>3,031 \u5343\u76ce\u53f8<\/strong>\u3001\u73e0\u5bf6 <strong>2,214<\/strong>\u3001\u5de5\u696d <strong>2,049<\/strong>\u3001\u6295\u8cc7 <strong>1,136<\/strong>\uff08\u55ae\u4f4d\u7686\u70ba koz\uff09\u3002\u5e02\u5834\u5df2<strong>\u9023\u7e8c\u56db\u5e74\u4f9b\u9700\u8d64\u5b57<\/strong>\uff0c2026 \u5e74\u9810\u4f30\u4ecd\u70ba\u8d64\u5b57\uff0c\u53ea\u662f\u7f3a\u53e3\u6536\u6582\u3002<\/p>\n\n\n\n<p>\u548c\u9200\u91d1\u76f8\u6bd4\uff0c\u9251\u91d1\u6bd4\u8f03\u50cf\u300c\u8cb4\u91d1\u5c6c\u5b8f\u89c0\uff0b\u5de5\u696d\u5546\u54c1\u300d\u7684\u6df7\u5408\u9ad4\u2014\u2014\u9019\u4e5f\u89e3\u91cb\u4e86\u70ba\u4f55\u7d50\u69cb\u8d64\u5b57\u5b58\u5728\uff0c\u50f9\u683c\u4ecd\u53ef\u5728 3 \u6708\u8dcc\u7834 2,000 \u7f8e\u5143\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u9200\u91d1\uff1a\u6c7d\u6cb9\u8eca\u89f8\u5a92\uff0b\u4fc4\u7f85\u65af\u4f9b\u61c9\u653f\u6cbb<\/h3>\n\n\n\n<p>\u9200\u91d1\u9ad8\u5ea6\u96c6\u4e2d\u65bc\u6c7d\u6cb9\u8eca\u4e09\u5143\u89f8\u5a92\uff08TWC\uff09\u3002JM \u8a18\u9304 1 \u6708\u5cf0\u5024\u903e <strong>2,100 \u7f8e\u5143\/\u76ce\u53f8<\/strong>\uff0c\u4f46 2026 \u5e74\u53ef\u80fd\u9762\u81e8<strong>\u4f9b\u904e\u65bc\u6c42<\/strong>\uff08\u56de\u6536\u589e\u52a0\u3001BEV \u6ef2\u900f\uff09\uff0c\u8207\u9251\u91d1\u7684\u300c\u9023\u5e74\u8d64\u5b57\u300d\u6558\u4e8b\u4e26\u4e0d\u540c\u8ecc\u3002<\/p>\n\n\n\n<p>\u82e5\u4f60\u4e3b\u8981\u505a XAU\/XAG\uff0c\u9200\u91d1\u7684\u6c7d\u6cb9\u8eca\u4f9d\u8cf4\u8207\u8cbf\u6613\u58c1\u58d8\u5f88\u5bb9\u6613\u88ab\u5ffd\u7565\u2014\u2014\u76f4\u5230\u50f9\u5dee\u8207\u6ce2\u52d5\u7387\u7a81\u7136\u62c9\u5927\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">WPIC \u6578\u64da\uff1a\u56db\u5e74\u8d64\u5b57\u8207 2026 \u5e74\u6536\u6582<\/h2>\n\n\n\n<figure class=\"wp-block-table is-all-centered\"><table><thead><tr><th>\u5e74\u5ea6<\/th><th>\u7e3d\u4f9b\u7d66<\/th><th>\u7e3d\u9700\u6c42<\/th><th>\u5e73\u8861<\/th><\/tr><\/thead><tbody><tr><td>2022<\/td><td>7,378<\/td><td>6,430<\/td><td>+949\uff08\u5269\u9918\uff09<\/td><\/tr><tr><td>2023<\/td><td>7,135<\/td><td>7,933<\/td><td>\u2212799<\/td><\/tr><tr><td>2024<\/td><td>7,323<\/td><td>8,355<\/td><td>\u22121,033<\/td><\/tr><tr><td>2025<\/td><td>7,240<\/td><td>8,431<\/td><td>\u22121,191<\/td><\/tr><tr><td>2026f<\/td><td>7,377<\/td><td>7,674<\/td><td>\u2212297<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">\u8cc7\u6599\u4f86\u6e90\uff1aWPIC Platinum Quarterly Q1 2026<\/figcaption><\/figure>\n\n\n\n<p><strong>2025 \u5e74 \u22121,191 koz \u70ba\u56db\u5e74\u8d64\u5b57\u4e2d\u6700\u5927<\/strong>\uff1b2026 \u5e74\u9810\u4f30\u7f3a\u53e3\u7e2e\u81f3 <strong>\u2212297 koz<\/strong>\uff0c\u82e5\u5be6\u73fe\u4ecd\u662f\u7b2c\u4e94\u5e74\u8d64\u5b57\u30021 \u6708\u5275\u9ad8\u8207\u591a\u5e74\u77ed\u7f3a\u4e26\u4e0d\u77db\u76fe\u2014\u2014\u671f\u8ca8\u8207\u6295\u8cc7\u9700\u6c42\u5f80\u5f80\u9818\u5148\u5be6\u9ad4\u5eab\u5b58\u8abf\u6574\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2026 \u7b2c\u4e00\u5b63\uff1a\u55ae\u5b63\u5269\u9918\u2260\u8da8\u52e2\u53cd\u8f49<\/h3>\n\n\n\n<p>Q1 2026 WPIC \u4f30\u7b97<strong>\u55ae\u5b63\u5269\u9918 +268 koz<\/strong>\uff0c\u4e3b\u56e0 <strong>ETF \u6d41\u51fa 225 koz<\/strong> \u8207\u7926\u7522\u4f9b\u7d66\u5e74\u589e\u7d04 <strong>18%<\/strong>\u3002\u5357\u975e Q1 \u7522\u91cf\u5e74\u589e\u7d04 <strong>41%<\/strong>\uff08\u7121\u6d2a\u6c34\u5e72\u64fe\uff09\uff0c\u5c6c\u77ed\u671f\u4f9b\u7d66\u8108\u885d\uff0c\u53ef\u58d3\u50f9\u4f46\u4e0d\u7b49\u65bc\u5168\u5e74\u8f49\u70ba\u5269\u9918\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2026 \u5e74\u9700\u6c42\u7d50\u69cb\u8b8a\u5316<\/h3>\n\n\n\n<figure class=\"wp-block-table is-all-centered\"><table><thead><tr><th>\u9805\u76ee<\/th><th>2025<\/th><th>2026f<\/th><th>\u8b8a\u5316<\/th><\/tr><\/thead><tbody><tr><td>\u6c7d\u8eca<\/td><td>3,031<\/td><td>2,959<\/td><td>\u221272<\/td><\/tr><tr><td>\u73e0\u5bf6<\/td><td>2,214<\/td><td>1,958<\/td><td>\u2212256<\/td><\/tr><tr><td>\u5de5\u696d<\/td><td>2,049<\/td><td>2,238<\/td><td>+189<\/td><\/tr><tr><td>\u6295\u8cc7<\/td><td>1,136<\/td><td>519<\/td><td>\u2212618<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">\u8cc7\u6599\u4f86\u6e90\uff1aWPIC<\/figcaption><\/figure>\n\n\n\n<p>\u9ad8\u50f9\u4e0b\u73e0\u5bf6\u8207\u6295\u8cc7\u9000\u5834\uff0c\u5de5\u696d\u90e8\u5206\u62b5\u92b7\u3002\u5c31\u6211\u7684\u7d93\u9a57\uff0c\u7576\u6295\u8cc7\u7dda\u9810\u4f30\u5e74\u6e1b\u903e 600 koz\uff0c\u4e0b\u4e00\u5b63\u61c9\u512a\u5148\u76ef ETF \u6d41\u5411\uff0c\u800c\u975e\u53ea\u807d\u7926\u7522\u65b0\u805e\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u9251\u91d1 \u6c2b\u80fd\u9700\u6c42 \u8207 AI \u786c\u789f\uff1a\u5de5\u696d\u6210\u9577\u4f86\u6e90<\/h2>\n\n\n\n<p>WPIC 2026f \u5de5\u696d\u7d30\u9805\uff08koz\uff09\uff1a\u5316\u5b78 612\u3001\u73bb\u7483 377\u3001\u91ab\u7642 332\u3001\u77f3\u6cb9 132\u3001\u96fb\u6c23 119\u3001<strong>\u6c2b\u80fd 69<\/strong>\u3001\u5176\u4ed6 598\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u6c2b\u80fd\uff1a\u5678\u6578\u5c0f\u3001\u6558\u4e8b\u5927<\/h3>\n\n\n\n<p>\u6c2b\u80fd\u76f8\u95dc\u9251\u9700\u6c42\uff1a2024 \u5e74 40 koz \u2192 2025 \u5e74 65 koz \u2192 2026f 69 koz\uff0c\u589e\u5e45\u53ef\u89c0\u4f46\u57fa\u671f\u4ecd\u5c0f\u3002PEM \u96fb\u89e3\u69fd\u8207\u71c3\u6599\u96fb\u6c60\u5c0d\u9251\u4ecd\u6709\u654f\u611f\u5ea6\uff0c\u653f\u7b56\u8207\u88dc\u8cbc\u6d88\u606f\u5e38\u5148\u53cd\u6620\u5728 ETF \u8207\u80a1\u7968\u984c\u6750\uff0c\u518d\u6162\u6162\u9032\u5165\u5be6\u9ad4\u8868\u3002<\/p>\n\n\n\n<p>\u8001\u5be6\u8aaa\uff0c2026 \u5e74\u4e0d\u5b9c\u53ea\u9760\u6c2b\u80fd\u6a19\u984c\u91cd\u5009\u9251\u91d1 CFD\uff0c\u4f46\u5ffd\u7565\u5b83\u6703\u770b\u4e0d\u61c2\u70ba\u4f55\u5de5\u696d\u9700\u6c42\u9810\u4f30 +189 koz\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u96fb\u6c23\u8207 HAMR \u786c\u789f<\/h3>\n\n\n\n<p>WPIC \u6307 Q1 2026 \u96fb\u6c23\u9700\u6c42\u5e74\u589e\u7d04 <strong>25%<\/strong>\uff0cAI\uff0f\u8cc7\u6599\u4e2d\u5fc3\u7528\u7684\u71b1\u8f14\u52a9\u78c1\u8a18\u9304\uff08HAMR\uff09\u786c\u789f\u70ba\u52d5\u80fd\u4e4b\u4e00\u3002\u9019\u689d\u93c8\u8207\u6c7d\u6cb9\u89f8\u5a92\u4e0d\u540c\uff0c\u66f4\u63a5\u8fd1\u79d1\u6280\u8cc7\u672c\u652f\u51fa\u9031\u671f\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u9200\u91d1 \u50f9\u683c\u8d70\u52e2\uff1a\u95dc\u7a05\u3001\u8afe\u93b3\u7522\u91cf\u8207 BEV<\/h2>\n\n\n\n<p>JM \u5f37\u8abf\u7f8e\u570b\u5e02\u5834\u5c0d\u4fc4\u7f85\u65af\u9200\u91d1\u5be6\u8cea\u95dc\u9589\uff1a<strong>\u53cd\u50be\u92b7\u7a05 133%<\/strong>\u3001<strong>\u5e73\u8861\u7a05 109%<\/strong>\uff08\u9810\u5099\u88c1\u5b9a\uff09\uff0c\u4fc4\u91d1\u5c6c\u8f49\u5411\u4e2d\u570b\uff0c\u8afe\u91cc\u723e\u65af\u514b\u93b3\u696d\u5c0d\u4e2d\u6e2f\u4f9d\u8cf4\u4e0a\u5347\u30022026f \u7522\u51fa\u9810\u4f30<strong>\u7d04\u964d 10%<\/strong>\uff0c\u4e14\u4fc4\u7f85\u65af\u7cbe\u7149\u5eab\u5b58\u64da\u4fe1<strong>\u904e\u53bb\u4e09\u5e74\u5df2\u67af\u7aed<\/strong>\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">BEV\uff1a\u9577\u671f\u58d3\u529b\uff0c\u77ed\u671f\u653e\u7de9<\/h3>\n\n\n\n<p>\u96fb\u52d5\u8eca\u4e0d\u7528\u6c7d\u6cb9 TWC\uff0c\u662f\u9200\u91d1\u9577\u7a7a\u4e3b\u56e0\uff1b\u4f46 JM \u8207 WPIC \u5747\u6307 BEV \u6ef2\u900f<strong>\u6162\u65bc\u65e9\u671f\u9810\u6e2c<\/strong>\uff0c2025\u20132026 \u5e74\u90e8\u5206\u9700\u6c42\u4e0b\u4fee\u88ab\u5ef6\u5f8c\u3002\u4e2d\u570b 2025 \u5e74 BEV \u7522\u91cf\u903e <strong>1,000 \u842c\u8f1b<\/strong>\uff08\u7d04\u5168\u7403\u4e03\u6210\uff09\uff0c\u5167\u71c3\u6a5f\u7522\u91cf\u4ea6\u7565\u589e\uff0c\u6c7d\u6cb9\u8eca\u7d04 <strong>+2%<\/strong>\uff0c\u4f7f\u8fd1\u7aef\u89f8\u5a92\u9700\u6c42\u5448\u73fe\u62c9\u92f8\u3002<\/p>\n\n\n\n<p>\u77ed\u7dda CFD \u4ecd\u53d7\u5229\u7387\u8207\u7f8e\u5143\u4e3b\u5c0e\uff1b\u4e2d\u9577\u671f\u624d\u9700\u56b4\u8085\u770b\u5f85 BEV \u5c0d\u9200\u91d1\u7684\u7d50\u69cb\u64e0\u58d3\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u70ba\u4f55\u6230\u722d\u7206\u767c\u5f8c PGM \u53cd\u800c\u4e0b\u8dcc\uff1f<\/h2>\n\n\n\n<p>\u4e2d\u6771\u885d\u7a81\u7406\u8ad6\u4e0a\u5229\u591a\u907f\u96aa\uff0c\u4f46 CME \u6307\u51fa\u91d1\u3001\u9280\u3001\u9251\u3001\u9200\u5728 2 \u6708 28 \u65e5\u5f8c\u7686\u8d70\u5f31\u3002\u6a5f\u5236\u5305\u62ec\uff1a\u80fd\u6e90\u63a8\u5347\u8fd1\u7aef\u901a\u81a8 \u2192 \u592e\u884c\u6e1b\u5c11\u964d\u606f\u751a\u81f3\u8a0e\u8ad6\u5347\u606f \u2192 \u6301\u6709\u7121\u606f\u8cc7\u7522\u6a5f\u6703\u6210\u672c\u4e0a\u5347 \u2192 \u7f8e\u5143\u907f\u96aa\u5347\u503c\u3002WPIC \u5c0d\u7167\uff1a\u5e03\u862d\u7279 +55%\u3001\u9251\u91d1 \u221216%\uff0c\u5b89\u5168\u6e2f\u6558\u4e8b\u5728\u300c\u5229\u7387\u9810\u671f\u300d\u9762\u524d\u8b93\u4f4d\u3002<\/p>\n\n\n\n<p>\u82e5\u4f60\u7684\u5e33\u6236\u5e63\u5225\u975e\u7f8e\u5143\uff0c\u7f8e\u5143\u53cd\u5f48\u6703\u758a\u52a0\u5728 PGM \u5831\u50f9\u4e0a\uff0c\u98a8\u63a7\u8981\u540c\u6642\u770b\u91d1\u5c6c\u8207\u532f\u7387\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4f9b\u7d66\u9762\uff1a\u5357\u975e\u4e3b\u5c0e\u8207\u5317\u7f8e\u7e2e\u6e1b<\/h2>\n\n\n\n<p>2025 \u5e74\u5357\u975e\u9251\u7926\u7d04 <strong>3,957 koz<\/strong>\uff0c\u5360\u5168\u7403\u7d04 <strong>71%<\/strong>\u3002Q1 \u7121\u6d2a\u6c34\u3001\u7522\u91cf\u5e74\u589e 41% \u5c6c\u77ed\u671f\u5229\u591a\u4f9b\u7d66\uff1b\u5317\u7f8e 2026f \u7531 212 \u964d\u81f3 201 koz\uff08Stillwater \u5408\u7406\u5316\uff09\uff0c\u4e8c\u6b21\u56de\u6536\u4f9b\u7d66 2026f \u5e74\u589e\u7d04 <strong>9%<\/strong>\uff08\u9ad8\u50f9\u523a\u6fc0\u5ee2\u89f8\u5a92\uff09\u3002\u4fc4\u7f85\u65af\u9251\u4f9b\u7d66 677 \u2192 646 koz\uff0c\u897f\u65b9\u5236\u88c1\u4e0b\u591a\u6578\u6d41\u5411\u4e2d\u570b\u3002<\/p>\n\n\n\n<p>\u505c\u96fb\u3001\u52de\u8cc7\u8207\u6df1\u4e95\u6210\u672c\u4ecd\u662f\u4e2d\u671f\u98a8\u96aa\u2014\u2014\u4e00\u5b63\u597d\u6578\u64da\u6c92\u6709\u6d88\u9664\u96c6\u4e2d\u5ea6\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">PGM \u5e02\u5834 2026\uff1aCFD \u5be6\u52d9\u5efa\u8b70<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">\u6d41\u52d5\u6027\u8207\u90e8\u4f4d<\/h3>\n\n\n\n<p>\u76f8\u8f03 XAU\/XAG\uff0c\u9251\u9200\u50f9\u5dee\u901a\u5e38\u8f03\u5bec\u3001\u6df1\u5ea6\u8f03\u6dfa\uff0c\u91cd\u5927\u6578\u64da\u524d\u6ed1\u50f9\u98a8\u96aa\u66f4\u9ad8\u3002\u5efa\u8b70\u964d\u4f4e\u69d3\u687f\u8207\u53e3\u6578\uff0c\u91cd\u5927\u767c\u5e03\uff08WPIC \u5b63\u5831\u3001JM \u5e74\u5831\u3001ETF \u6d41\u5411\uff09\u524d\u7528\u9650\u50f9\u55ae\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u89c0\u5bdf\u6e05\u55ae<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>WPIC \u5e73\u8861\u8868\u8207 ETF \u6295\u8cc7\u9805<\/li>\n\n\n\n<li>JM \u5c0d 2026 \u9200\u91d1\u662f\u5426\u8f49\u5269\u9918\u7684\u9a57\u8b49<\/li>\n\n\n\n<li>\u4fc4\u7f85\u65af\u95dc\u7a05\uff0f\u5236\u88c1\u52d5\u614b<\/li>\n\n\n\n<li>BEV \u7522\u91cf\u8207\u6c7d\u6cb9\u8eca\u89f8\u5a92\u88dd\u8f09\u91cf<\/li>\n\n\n\n<li>\u6c2b\u80fd\u88dc\u8cbc\u8207 PEM \u9805\u76ee\u9032\u5ea6<\/li>\n\n\n\n<li>\u806f\u6e96\u6703\u8207\u80fd\u6e90\u50f9\u683c\uff08\u5b8f\u89c0\u4e3b\u5c0e\u77ed\u7dda\uff09<\/li>\n<\/ul>\n\n\n\n<p>\u7d50\u8ad6\u5148\u884c\uff1a\u7d50\u69cb\u9762\u7d66\u9251\u91d1\u300c\u8d64\u5b57\uff0b\u7da0\u8272\u9700\u6c42\u300d\u6545\u4e8b\uff0c\u7d66\u9200\u91d1\u300c\u95dc\u7a05\uff0b\u77ed\u671f\u7dca\u4fcf\u300d\u6545\u4e8b\uff1b\u76e4\u9762\u537b\u7531\u5229\u7387\u8207\u7f8e\u5143\u6c7a\u5b9a\u77ed\u7dda\u65b9\u5411\u2014\u2014\u8207 <a href=\"https:\/\/copi-tools.com\/zh-hant\/gold-vs-silver\/\">\u9ec3\u91d1 vs \u767d\u9280<\/a> \u7684\u5b8f\u89c0\u6846\u67b6\u4e00\u81f4\uff0c\u4f46\u6ce2\u52d5\u66f4\u5147\u3002<\/p>\n\n\n\n<div class=\"swell-block-faq -icon-rounded is-style-default\" data-q=\"fill-custom\" data-a=\"fill-custom\">\n<div class=\"swell-block-faq__item\"><h3 class=\"faq_q\">2026 \u5e74\u9251\u91d1\u6700\u9ad8\u50f9\u662f\u591a\u5c11\uff1f<\/h3><div class=\"faq_a\">\n<p>WPIC \u8207 JM \u5747\u6307 2026 \u5e74 1 \u6708\u9644\u8fd1 <strong>2,860 \u7f8e\u5143\/\u76ce\u53f8<\/strong>\u3002\u4e4b\u5f8c\u5728\u5b8f\u89c0\u9006\u98a8\u3001ETF \u6d41\u51fa\u4e0b\uff0c3 \u6708\u5df2\u8dcc\u7834 <strong>2,000 \u7f8e\u5143<\/strong>\u3002<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"swell-block-faq__item\"><h3 class=\"faq_q\">2026 \u5e74\u9251\u91d1\u5e02\u5834\u662f\u5269\u9918\u9084\u662f\u8d64\u5b57\uff1f<\/h3><div class=\"faq_a\">\n<p>WPIC \u9810\u4f30\u5168\u5e74 <strong>\u8d64\u5b57 297 koz<\/strong>\uff0c\u524d\u4e00\u5e74\u70ba\u5275\u7d00\u9304\u7684 <strong>1,191 koz<\/strong> \u8d64\u5b57\u3002\u4f46 Q1 \u51fa\u73fe <strong>+268 koz \u55ae\u5b63\u5269\u9918<\/strong>\uff0c\u4e3b\u56e0 ETF \u8207\u7926\u7522\u589e\u52a0\u3002<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"swell-block-faq__item\"><h3 class=\"faq_q\">\u6230\u722d\u70ba\u4f55\u6c92\u6709\u63a8\u5347\u9251\u91d1\u9200\u91d1\uff1f<\/h3><div class=\"faq_a\">\n<p>\u885d\u7a81\u63a8\u5347\u80fd\u6e90\u8207\u8fd1\u7aef\u901a\u81a8\uff0c\u5e02\u5834\u6539\u62bc\u8f03\u5c11\u964d\u606f\u6216\u5347\u606f\uff0c\u7121\u606f\u91d1\u5c6c\u5438\u5f15\u529b\u4e0b\u964d\uff0c\u7f8e\u5143\u8d70\u5f37\u3002\u91d1\u5c6c\u6b64\u524d\u5df2\u53cd\u6620\u901a\u81a8\u9810\u671f\uff0c\u5c6c CME \u6240\u7a31\u300c\u8cb7\u9810\u671f\u3001\u8ce3\u4e8b\u5be6\u300d\u3002<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"swell-block-faq__item\"><h3 class=\"faq_q\">\u4fc4\u7f85\u65af\u5236\u88c1\u5982\u4f55\u5f71\u97ff\u9200\u91d1\uff1f<\/h3><div class=\"faq_a\">\n<p>\u7f8e\u570b\u9ad8\u984d\u53cd\u50be\u92b7\u8207\u5e73\u8861\u7a05\u4f7f\u4fc4\u9200\u96e3\u9032\u7f8e\u570b\u5e02\u5834\uff0c\u8ca8\u7269\u6d41\u5411\u4e2d\u570b\uff1b\u8afe\u93b3 2026f \u7522\u91cf\u7d04\u964d 10%\uff0c\u4fc4\u7cbe\u7149\u5eab\u5b58\u64da\u4fe1\u5df2\u67af\u7aed\uff0c\u897f\u65b9\u8eca\u5ee0\u9700\u53e6\u5c0b\u4f86\u6e90\u6216\u652f\u4ed8\u6ea2\u50f9\u3002<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"swell-block-faq__item\"><h3 class=\"faq_q\">\u9251\u91d1 CFD \u662f\u5426\u6bd4\u9ec3\u91d1\u98a8\u96aa\u66f4\u9ad8\uff1f<\/h3><div class=\"faq_a\">\n<p>\u4e00\u822c\u4f86\u8aaa\u6d41\u52d5\u6027\u8f03\u5dee\u3001\u50f9\u5dee\u8f03\u5927\uff0c\u6ed1\u50f9\u8207\u8df3\u7a7a\u98a8\u96aa\u9ad8\u65bc XAU\/XAG\uff1b\u4e14\u9251\u91d1\u6df7\u6709\u5de5\u696d\u8207\u8cb4\u91d1\u5c6c\u5c6c\u6027\uff0c\u9200\u91d1\u66f4\u53d7\u6c7d\u6cb9\u8eca\u8207\u8cbf\u6613\u653f\u7b56\u5f71\u97ff\uff0c\u5b9c\u7e2e\u5c0f\u90e8\u4f4d\u4e26\u56b4\u8a2d\u505c\u640d\u3002<\/p>\n<\/div><\/div>\n<\/div>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@id\":\"#FAQContents\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"2026 \u5e74\u9251\u91d1\u6700\u9ad8\u50f9\u662f\u591a\u5c11\uff1f\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>WPIC \u8207 JM \u5747\u6307 2026 \u5e74 1 \u6708\u9644\u8fd1 <strong>2,860 \u7f8e\u5143\\\/\u76ce\u53f8<\\\/strong>\u3002\u4e4b\u5f8c\u5728\u5b8f\u89c0\u9006\u98a8\u3001ETF \u6d41\u51fa\u4e0b\uff0c3 \u6708\u5df2\u8dcc\u7834 <strong>2,000 \u7f8e\u5143<\\\/strong>\u3002<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"2026 \u5e74\u9251\u91d1\u5e02\u5834\u662f\u5269\u9918\u9084\u662f\u8d64\u5b57\uff1f\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>WPIC \u9810\u4f30\u5168\u5e74 <strong>\u8d64\u5b57 297 koz<\\\/strong>\uff0c\u524d\u4e00\u5e74\u70ba\u5275\u7d00\u9304\u7684 <strong>1,191 koz<\\\/strong> \u8d64\u5b57\u3002\u4f46 Q1 \u51fa\u73fe <strong>+268 koz \u55ae\u5b63\u5269\u9918<\\\/strong>\uff0c\u4e3b\u56e0 ETF \u8207\u7926\u7522\u589e\u52a0\u3002<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"\u6230\u722d\u70ba\u4f55\u6c92\u6709\u63a8\u5347\u9251\u91d1\u9200\u91d1\uff1f\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>\u885d\u7a81\u63a8\u5347\u80fd\u6e90\u8207\u8fd1\u7aef\u901a\u81a8\uff0c\u5e02\u5834\u6539\u62bc\u8f03\u5c11\u964d\u606f\u6216\u5347\u606f\uff0c\u7121\u606f\u91d1\u5c6c\u5438\u5f15\u529b\u4e0b\u964d\uff0c\u7f8e\u5143\u8d70\u5f37\u3002\u91d1\u5c6c\u6b64\u524d\u5df2\u53cd\u6620\u901a\u81a8\u9810\u671f\uff0c\u5c6c CME \u6240\u7a31\u300c\u8cb7\u9810\u671f\u3001\u8ce3\u4e8b\u5be6\u300d\u3002<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"\u4fc4\u7f85\u65af\u5236\u88c1\u5982\u4f55\u5f71\u97ff\u9200\u91d1\uff1f\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>\u7f8e\u570b\u9ad8\u984d\u53cd\u50be\u92b7\u8207\u5e73\u8861\u7a05\u4f7f\u4fc4\u9200\u96e3\u9032\u7f8e\u570b\u5e02\u5834\uff0c\u8ca8\u7269\u6d41\u5411\u4e2d\u570b\uff1b\u8afe\u93b3 2026f \u7522\u91cf\u7d04\u964d 10%\uff0c\u4fc4\u7cbe\u7149\u5eab\u5b58\u64da\u4fe1\u5df2\u67af\u7aed\uff0c\u897f\u65b9\u8eca\u5ee0\u9700\u53e6\u5c0b\u4f86\u6e90\u6216\u652f\u4ed8\u6ea2\u50f9\u3002<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"\u9251\u91d1 CFD \u662f\u5426\u6bd4\u9ec3\u91d1\u98a8\u96aa\u66f4\u9ad8\uff1f\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>\u4e00\u822c\u4f86\u8aaa\u6d41\u52d5\u6027\u8f03\u5dee\u3001\u50f9\u5dee\u8f03\u5927\uff0c\u6ed1\u50f9\u8207\u8df3\u7a7a\u98a8\u96aa\u9ad8\u65bc XAU\\\/XAG\uff1b\u4e14\u9251\u91d1\u6df7\u6709\u5de5\u696d\u8207\u8cb4\u91d1\u5c6c\u5c6c\u6027\uff0c\u9200\u91d1\u66f4\u53d7\u6c7d\u6cb9\u8eca\u8207\u8cbf\u6613\u653f\u7b56\u5f71\u97ff\uff0c\u5b9c\u7e2e\u5c0f\u90e8\u4f4d\u4e26\u56b4\u8a2d\u505c\u640d\u3002<\\\/p>\"}}]}<\/script>\n\n\n\n<h2 class=\"wp-block-heading\">\u7e3d\u7d50<\/h2>\n\n\n\n<p><strong>\u9251\u91d1 \u9200\u91d1 \u50f9\u683c\u9810\u6e2c 2026<\/strong> \u662f\u7d50\u69cb\u6545\u4e8b\u8207\u5b8f\u89c0\u73fe\u5be6\u7684\u62c9\u92f8\uff1a\u9251\u91d1\u56db\u5e74\u8d64\u5b57\u3001\u6c2b\u80fd\u8207 HAMR \u652f\u6490\u5de5\u696d\u7dda\uff0c\u537b\u906d Q1 \u5269\u9918\u8207 ETF \u8ce3\u58d3\uff1b\u9200\u91d1 1 \u6708\u903e 2,100 \u7f8e\u5143\u5f8c\uff0c\u9762\u81e8 JM \u63d0\u51fa\u7684 2026 \u53ef\u80fd\u8f49\u5269\u9918\u8207 BEV \u9577\u671f\u58d3\u529b\u3002CFD \u4ea4\u6613\u8005\u61c9\u7e2e\u5c0f\u90e8\u4f4d\u3001\u8ffd\u8e64 WPIC\uff0fJM \u8207\u5229\u7387\u7f8e\u5143\uff0c\u4e26\u8207 <a href=\"https:\/\/copi-tools.com\/zh-hant\/gold-q1-2026-outlook\/\">\u9ec3\u91d1<\/a>\u3001<a href=\"https:\/\/copi-tools.com\/zh-hant\/silver-2026-outlook\/\">\u767d\u9280<\/a> \u5c55\u671b\u5c0d\u7167\u95b1\u8b80\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2026 \u5e74 1 \u6708\uff0c\u9251\u91d1\u89f8\u53ca\u6bcf\u76ce\u53f8 2,860 \u7f8e\u5143\u3001\u9200\u91d1\u7a81\u7834 2,100 \u7f8e\u5143\uff0c\u96d9\u96d9\u5beb\u4e0b PGM\uff08\u9251\u65cf\u91d1\u5c6c [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":687,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"swell_btn_cv_data":"","footnotes":""},"categories":[67],"tags":[93,90,91,92],"class_list":["post-684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-research","tag-93","tag-90","tag-91","tag-92"],"_links":{"self":[{"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/posts\/684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=684"}],"version-history":[{"count":2,"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/posts\/684\/revisions"}],"predecessor-version":[{"id":694,"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/posts\/684\/revisions\/694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/media\/687"}],"wp:attachment":[{"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/copi-tools.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}