---
title: "黄金市场高呼 “超买”。摩根大通表示，不要排除金价达到 5000 美元的可能性"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/296914535.md"
description: "短期内，黄金价格急剧上涨，已经脱离了其通常的宏观关系。现在的问题是，这是否只是一次需要修正的过度反应，还是结构性黄金交易进入新阶段的迹象。短期风险正在增加，但过于看空可能仍然危险。需要暂时停顿"
datetime: "2026-08-25T12:30:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296914535.md)
  - [en](https://longbridge.com/en/news/296914535.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296914535.md)
generator: "portal-rs"
---

# 黄金市场高呼 “超买”。摩根大通表示，不要排除金价达到 5000 美元的可能性

## **Short term stretched**

Gold has gone vertical, leaving several of its usual macro relationships behind. The question now is whether this is simply an overshoot that needs correcting, or a sign that the structural gold trade has entered a new phase. Near-term risks are building, but getting outright bearish may still be dangerous.

## **Needs a pause**

### 相关股票

- [IAU.US](https://longbridge.com/zh-CN/quote/IAU.US.md)
- [GLDW.US](https://longbridge.com/zh-CN/quote/GLDW.US.md)
- [UGL.US](https://longbridge.com/zh-CN/quote/UGL.US.md)
- [GLD.US](https://longbridge.com/zh-CN/quote/GLD.US.md)
- [SGOL.US](https://longbridge.com/zh-CN/quote/SGOL.US.md)
- [GLL.US](https://longbridge.com/zh-CN/quote/GLL.US.md)
- [GLDM.US](https://longbridge.com/zh-CN/quote/GLDM.US.md)
- [518850.CN](https://longbridge.com/zh-CN/quote/518850.CN.md)
- [GOLD.AU](https://longbridge.com/zh-CN/quote/GOLD.AU.md)
- [JPM.US](https://longbridge.com/zh-CN/quote/JPM.US.md)
- [JPMO.US](https://longbridge.com/zh-CN/quote/JPMO.US.md)
- [JPX.US](https://longbridge.com/zh-CN/quote/JPX.US.md)
- [JPM-M.US](https://longbridge.com/zh-CN/quote/JPM-M.US.md)
- [JPM-C.US](https://longbridge.com/zh-CN/quote/JPM-C.US.md)
- [JPM-D.US](https://longbridge.com/zh-CN/quote/JPM-D.US.md)
- [JPM-L.US](https://longbridge.com/zh-CN/quote/JPM-L.US.md)
- [8634.JP](https://longbridge.com/zh-CN/quote/8634.JP.md)
- [JPM-K.US](https://longbridge.com/zh-CN/quote/JPM-K.US.md)
- [JPM-J.US](https://longbridge.com/zh-CN/quote/JPM-J.US.md)

## 相关资讯与研究

- [贵金属：黄金持稳，投资者等待美联储政策信号](https://longbridge.com/zh-CN/news/298984397.md)
- [贵金属：受石油驱动的通胀担忧压制，金价小幅下跌](https://longbridge.com/zh-CN/news/298853319.md)
- [摩根与摩根律师事务所宣称投入10亿美元发展人工智能，计划向其他律所出售其平台](https://longbridge.com/zh-CN/news/298957384.md)
- [消息人士称，摩根大通将在月底前推出前沿市场本币债务指数](https://longbridge.com/zh-CN/news/298895486.md)
- [TORM plc (OMXCOP:TRMD_A) 的出售持有者启动了 900 万股的二次发行](https://longbridge.com/zh-CN/news/298965851.md)

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> **免责声明: 本文仅供参考，不构成任何投资建议。**