<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Oil-pumpjack-on-dollar-bills-and-gold-bars-in-background.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Oil-pumpjack-on-dollar-bills-and-gold-bars-in-background.png"/></p>
<p>周一，黄金和原油价格在正负区域之间波动，市场保持高度波动。</p>
<p>黄金价格在当天早些时候下跌后，回补了所有损失。</p>
<p>然而，随着油价的反弹，价格再次下跌。</p>
<p>原油在当天开盘时表现强劲，布伦特和西德克萨斯中质油基准价格攀升至两周高点后又回落。</p>
<p>然而，在撰写时，价格再次上涨，市场经历了极端波动。</p>
<h2>原油</h2>
<p>布伦特原油在早些时候下跌近 2% 后再次回到每桶 110 美元以上。</p>
<p>这一下跌发生在该合约在早盘时达到每桶 112 美元的两周最高水平之后。</p>
<p>价格从峰值回落，因为有报道称美国已接受暂时放弃对伊朗原油的制裁。</p>
<p>布伦特合约最后报每桶 110.88 美元，上涨 1.5%，而 WTI 上涨 1.8%，报每桶 102.80 美元。</p>
<p>上周这两个合约均上涨超过 7%，因为对在霍尔木兹海峡停止船只攻击和扣押的和平协议的乐观情绪减弱。</p>
<p>伊朗半官方的塔斯尼姆通讯社援引接近谈判团队的消息人士报道，与早期草案不同，最新的美国提案包括在谈判期间暂停对德黑兰的石油制裁的让步。</p>
<p>据路透社报道，巴基斯坦向美国提出了一项修订后的伊朗提案，旨在结束中东冲突，尽管和平努力仍然停滞不前。</p>
<p>国际能源署负责人法提赫·比罗尔当天警告称，商业石油库存正在迅速减少，仅剩几周的供应。</p>
<p>在阿联酋和沙特阿拉伯发生无人机袭击后，升级的担忧加剧，同时华盛顿和德黑兰的言辞也变得激烈。</p>
<p>阿联酋官员表示，他们正在调查对巴拉卡核电站的袭击，强调阿联酋保留对其所称的 “恐怖袭击” 作出回应的权利。</p>
<p>Axios 报道，美国总统唐纳德·特朗普定于周二与国家安全顾问会面，讨论可能的军事选项。</p>
<p>与此同时，特朗普政府于周六允许与俄罗斯相关的制裁豁免到期，此举此前使印度等国能够继续购买俄罗斯海运石油。</p>
<h2>黄金再次下跌</h2>
<p>周一早盘，黄金价格下跌，但随着能源价格的下跌，回补了损失。</p>
<p>然而，这种贵金属难以维持涨幅，再次进入熊市区域。</p>
<p>由于较低的原油价格缓解了一些通胀担忧，黄金市场获得了一些缓解，尽管较高的债券收益率抑制了黄金的上涨。</p>
<p>黄金通常被视为避险资产和对抗通胀的工具，当利率较高时，其吸引力往往下降。</p>
<p>在这种环境下，投资者通常会转向收益更高的替代品，如美国国债，这些替代品提供的回报比无收益的金属更具吸引力。</p>
<p>全球政府债券在周一继续下滑，因与伊朗战争相关的能源价格飙升引发了通胀担忧，并强化了全球进一步加息的预期。</p>
<p>基准 10 年期美国国债收益率（与价格呈反向移动）攀升至自 2025 年 2 月以来的最高水平，突显了固定收益市场的压力。</p>
<p>与此同时，一些银行已开始下调近期黄金价格预测，因投资者需求减弱。</p>
<p>摩根大通是首批下调 2026 年黄金平均预期的主要贷款机构之一，将预测从每盎司 5,708 美元下调至 5,243 美元。</p>
<p>在撰写时，COMEX 黄金合约报每盎司 4,540.60 美元，下跌 0.5%，而白银则下跌 0.9%，报每盎司 76.858 美元。</p>
<p>商品综述：随着伊朗冲突引发波动，油价和黄金价格剧烈波动，首次出现在 Invezz 上。</p>

纽蒙特矿业

山东黄金

西方石油

<p>黄金和原油价格在周一经历了显著的波动，黄金最初下跌后反弹，但随后又再次下跌。受关于美国可能对伊朗石油实施制裁豁免的报道影响，原油价格在早期下跌后上涨至每桶 110 美元以上。中东紧张局势升级和债券收益率上升影响了黄金的吸引力，导致摩根大通等银行下调了价格预测</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Oil-pumpjack-on-dollar-bills-and-gold-bars-in-background.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Oil-pumpjack-on-dollar-bills-and-gold-bars-in-background.png"/></p>
<p>Gold and crude oil prices seesawed between positive and negative territories on Monday as the market remained highly volatile.</p>
<div class="lb-trans"><p>周一，黄金和原油价格在正负区域之间波动，市场保持高度波动。</p>
</div><p>Gold prices had fallen earlier in the day before recouping all the losses.</p>
<div class="lb-trans"><p>黄金价格在当天早些时候下跌后，回补了所有损失。</p>
</div><p>However, prices fell once again as oil reversed its losses.</p>
<div class="lb-trans"><p>然而，随着油价的反弹，价格再次下跌。</p>
</div><p>Crude oil started the day on the front foot with both Brent and West Texas Intermediate benchmarks climbing to a two-week high before reversing the gains.</p>
<div class="lb-trans"><p>原油在当天开盘时表现强劲，布伦特和西德克萨斯中质油基准价格攀升至两周高点后又回落。</p>
</div><p>At the time of writing, however, prices rose once again as the market experienced extreme volatility.</p>
<div class="lb-trans"><p>然而，在撰写时，价格再次上涨，市场经历了极端波动。</p>
</div><h2>Crude oil</h2>
<div class="lb-trans"><h2>原油</h2>
</div><p>Brent crude oil was back above $110 per barrel after dropping nearly 2% earlier in the day.</p>
<div class="lb-trans"><p>布伦特原油在早些时候下跌近 2% 后再次回到每桶 110 美元以上。</p>
</div><p>The drop came after the contract had hit $112 per barrel in the morning session, its highest level in two weeks.</p>
<div class="lb-trans"><p>这一下跌发生在该合约在早盘时达到每桶 112 美元的两周最高水平之后。</p>
</div><p>Prices fell from the peak as reports claimed that the US had accepted waiving sanctions on Iranian crude oil temporarily.</p>
<div class="lb-trans"><p>价格从峰值回落，因为有报道称美国已接受暂时放弃对伊朗原油的制裁。</p>
</div><p>The Brent contract was last at $110.88 per barrel, up 1.5%, while WTI was 1.8% higher at $102.80 per barrel.</p>
<div class="lb-trans"><p>布伦特合约最后报每桶 110.88 美元，上涨 1.5%，而 WTI 上涨 1.8%，报每桶 102.80 美元。</p>
</div><p>Both contracts advanced more than 7% last week as optimism for a peace deal to halt ship attacks and seizures in the Strait of Hormuz faded.</p>
<div class="lb-trans"><p>上周这两个合约均上涨超过 7%，因为对在霍尔木兹海峡停止船只攻击和扣押的和平协议的乐观情绪减弱。</p>
</div><p>Iran’s semi-official Tasnim news agency, citing a source close to the negotiation team, reported that, unlike earlier drafts, the latest US proposal included a concession to suspend oil sanctions against Tehran during the negotiation period.</p>
<div class="lb-trans"><p>伊朗半官方的塔斯尼姆通讯社援引接近谈判团队的消息人士报道，与早期草案不同，最新的美国提案包括在谈判期间暂停对德黑兰的石油制裁的让步。</p>
</div><p>Pakistan has presented the US with a revised Iranian proposal aimed at ending the Middle East conflict, though peace efforts remain stalled, according to a Reuters report.</p>
<div class="lb-trans"><p>据路透社报道，巴基斯坦向美国提出了一项修订后的伊朗提案，旨在结束中东冲突，尽管和平努力仍然停滞不前。</p>
</div><p>Fatih Birol, head of the International Energy Agency, warned the same day that commercial oil inventories are depleting rapidly, leaving only a few weeks of supply.</p>
<div class="lb-trans"><p>国际能源署负责人法提赫·比罗尔当天警告称，商业石油库存正在迅速减少，仅剩几周的供应。</p>
</div><p>Concerns of escalation have grown following drone strikes on the UAE and Saudi Arabia, coupled with sharp rhetoric from both Washington and Tehran.</p>
<div class="lb-trans"><p>在阿联酋和沙特阿拉伯发生无人机袭击后，升级的担忧加剧，同时华盛顿和德黑兰的言辞也变得激烈。</p>
</div><p>Emirati officials said they were investigating the attack on the Barakah nuclear power plant, stressing that the UAE reserved the right to respond to what it described as “terrorist attacks.”</p>
<div class="lb-trans"><p>阿联酋官员表示，他们正在调查对巴拉卡核电站的袭击，强调阿联酋保留对其所称的 “恐怖袭击” 作出回应的权利。</p>
</div><p>Axios reported that US President Donald Trump is scheduled to meet national security advisers on Tuesday to discuss possible military options.</p>
<div class="lb-trans"><p>Axios 报道，美国总统唐纳德·特朗普定于周二与国家安全顾问会面，讨论可能的军事选项。</p>
</div><p>Meanwhile, the Trump administration allowed a Russia-related sanctions waiver to expire on Saturday, a move that had previously enabled countries such as India to continue purchasing Russian seaborne oil.</p>
<div class="lb-trans"><p>与此同时，特朗普政府于周六允许与俄罗斯相关的制裁豁免到期，此举此前使印度等国能够继续购买俄罗斯海运石油。</p>
</div><h2>Gold falls again</h2>
<div class="lb-trans"><h2>黄金再次下跌</h2>
</div><p>Gold had fallen in the morning session on Monday, but recouped its losses as energy prices fell.</p>
<div class="lb-trans"><p>周一早盘，黄金价格下跌，但随着能源价格的下跌，回补了损失。</p>
</div><p>However, the precious metal struggled to hold on to gains and was in bear territory once again.</p>
<div class="lb-trans"><p>然而，这种贵金属难以维持涨幅，再次进入熊市区域。</p>
</div><p>The relief to the gold market came as lower crude prices eased some inflation concerns, though higher bond yields curbed the yellow metal’s rise.</p>
<div class="lb-trans"><p>由于较低的原油价格缓解了一些通胀担忧，黄金市场获得了一些缓解，尽管较高的债券收益率抑制了黄金的上涨。</p>
</div><p>Gold, which is traditionally viewed as a safe-haven asset and a hedge against inflation, tends to lose appeal when interest rates are high.</p>
<div class="lb-trans"><p>黄金通常被视为避险资产和对抗通胀的工具，当利率较高时，其吸引力往往下降。</p>
</div><p>In such environments, investors often shift toward yield-bearing alternatives like US Treasuries, which offer more attractive returns compared to the non‑yielding metal.</p>
<div class="lb-trans"><p>在这种环境下，投资者通常会转向收益更高的替代品，如美国国债，这些替代品提供的回报比无收益的金属更具吸引力。</p>
</div><p>Global government bonds extended their slide on Monday as surging energy prices linked to the Iran war stoked inflation fears and reinforced expectations of further global rate hikes.</p>
<div class="lb-trans"><p>全球政府债券在周一继续下滑，因与伊朗战争相关的能源价格飙升引发了通胀担忧，并强化了全球进一步加息的预期。</p>
</div><p>Benchmark 10‑year US Treasury yields, which move inversely to prices, climbed to their highest level since February 2025, underscoring the pressure across fixed‑income markets.</p>
<div class="lb-trans"><p>基准 10 年期美国国债收益率（与价格呈反向移动）攀升至自 2025 年 2 月以来的最高水平，突显了固定收益市场的压力。</p>
</div><p>At the same time, some banks have begun lowering their near‑term gold price forecasts amid softer investor demand.</p>
<div class="lb-trans"><p>与此同时，一些银行已开始下调近期黄金价格预测，因投资者需求减弱。</p>
</div><p>JPMorgan was among the first major lenders to cut its 2026 average gold outlook, trimming projections to $5,243 per ounce from $5,708.</p>
<div class="lb-trans"><p>摩根大通是首批下调 2026 年黄金平均预期的主要贷款机构之一，将预测从每盎司 5,708 美元下调至 5,243 美元。</p>
</div><p>At the time of writing, the COMEX gold contract was at $4,540.60 per ounce, down 0.5%, while silver was 0.9% lower at $76.858 an ounce.</p>
<div class="lb-trans"><p>在撰写时，COMEX 黄金合约报每盎司 4,540.60 美元，下跌 0.5%，而白银则下跌 0.9%，报每盎司 76.858 美元。</p>
</div><p>The post Commodity wrap: Oil and gold swing wildly as Iran conflict fuels volatility appeared first on Invezz</p>
<div class="lb-trans"><p>商品综述：随着伊朗冲突引发波动，油价和黄金价格剧烈波动，首次出现在 Invezz 上。</p>
</div>

商品综述：伊朗冲突引发波动，石油和黄金价格剧烈波动