金价跌破4800美元,霍尔木兹海峡紧张局势升级

周一,由于对霍尔木兹海峡局势的担忧重燃,油价上涨,通胀担忧再次升温,市场对近期降息的预期减弱,黄金价格跌破每盎司4800美元。据CNBC市场报道,现货黄金在亚洲早盘交易中下跌0.4%,至每盎司4809美元,此前一度跌至4月13日以来的最低点。

XAUUSD_2026-04-20_11-12-14

黄金-5日走势图

市场概览

此前,受中东冲突相关的避险需求支撑,黄金价格上周走低。但到了周一的亚洲交易时段,随着交易员对霍尔木兹海峡再次成为冲突焦点的消息做出反应,油价上涨,通胀预期再次成为关注焦点,避险需求也随之消退。

6月交割的美国黄金期货下跌1%,至每盎司4829.40美元,凸显了金价整体走软的趋势。

事件详情

黄金近期承压源于霍尔木兹海峡与能源流动之间的直接市场联系。FXStreet指出,海峡紧张局势导致金价跌破4800美元,而另一份市场报告则称,油价上涨令央行宽松政策前景蒙上阴影,从而对金价构成压力。

这种动态至关重要,因为当交易员预期利率将长期维持在高位时,黄金的吸引力往往会下降。油价上涨会加剧通胀担忧,进而可能推迟宽松政策的实施,并支撑实际收益率,这对无收益的黄金而言无疑是不利的背景。

关于作者

 

Martin Lam 是 ATFX 亚太区首席分析师,在全球外汇及投资市场拥有逾 20 年的经验。他毕业于迪肯大学(Deakin University),主修金融与经济学,并曾在多家领先的外汇经纪公司担任高级管理职位。

最近的新闻
霍尔木兹海峡交通量的改善抵消了美国经济制裁和原油价格下滑的影响

周一,原油价格下跌,原因是霍尔木兹海峡的航运活动出现小幅回升,缓解了市场对短期供应中断的担忧;这一因素的影响盖过了美国针对伊朗扩大经济制裁措施所带来的市场冲击。截至美东时间16:56,布伦特原油下跌2.5%,至每桶90.35美元;美国西德克萨斯中质原油(WTI)下跌2.4%,至每桶84.95美元。 布伦特原油价格

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