您的当前位置：首页 > 行业数据 > 2010-2024年全球央行购金量

2010-2024年全球央行购金量

行业数据

下载图片

原图定位

同报告图片

/ 4

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

所属报告：

2025年中期宏观经济形势与政策展望：新格局下的中国经济韧性与潜力-250708（53页）.pdf

打包全文图表

黄金价格有支撑。投资需求、央行购金、金饰和科技用金是黄金的四大需求来源。前期黄金需求走强源于两大驱动因素，一是全球央行持续增储黄金。2025 年 6月，欧央行发布报告显示，2024年黄金占全球官方储备的比例达 20%，超过欧元的 16%，成为全球央行持有的第二大储备资产，仅次于美元。二是投资者购金。2010-2024年投资需求占黄金总需求比重均值为 29.1%，2025 年第一季度占比达 42.1%。展望未来，黄金价格有支撑。从货币视角看，黄金是一种“超主权货币”，动荡时代货币属性更明显。相较于受发行国信用和政策约束的法定货币，黄金以其稀缺性、耐久性和全球接受度，成为一种不受国界限制的价值尺度和交易媒介。当前，国际形势风云变幻，国际货币体系不稳定，黄金成为抵御通胀和货币政策失信的避险资产，其货币属性显著超过商品和金融属性。从债务视角看，黄金与全球债务余额总量变化同频。随着全球债务持续扩张，尤其是在2008年金融危机后，全球债务总量快速攀升，黄金价格飙升。2025 年第一季度，全球债务总规模超 324 万亿美元。当前，全球债务水平引发了人们对中期经济稳定和债务风险的担忧，提升黄金的避险需求，黄金价格不断走高。从信用视角看，美元信用松动，避险需求正在成为新的定价力量。2025年 6月世界黄金协会的调查数据显示，95%的受访央行认为，未来 12个月内全球央行将继续增持黄金。2025 年初以来，黄金价格快速上涨，隐含了全球金融和政治秩序重构的预期，也在对冲美元信用体系的式微。从资产配置视角看，黄金作为一种独特的资产类别，在多元化投资组合中扮演着不可替代的角色。当前全球经济不确定性加剧，地缘政治冲突、货币政策波动、潜在的债务危机等不时出现，黄金能够有效对冲市场风险。根据世界黄金协会统计，2024 年第二季度以来，黄金投资需求快速增加，2025年第一季度环比增加 60.1%。

行业数据原图定位