中信证券:全球央行购金趋势在结构上仍具韧性
36氪获悉,中信证券指出,全球央行购金趋势在结构上仍具韧性,但市场对其驱动力与影响机制或存在系统性高估。1)从购买方式看,非标渠道与境内存储占比持续上升,折射出黄金“主权安全资产”属性加强;2)从购买动机看,本轮购金潮已超越常规储备管理,但不宜将其等同于去美元化的直接产物,央行持
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