{"id":4039,"date":"2026-02-20T15:46:07","date_gmt":"2026-02-20T04:46:07","guid":{"rendered":"https:\/\/www.amillex.com\/?p=4039"},"modified":"2026-02-20T15:46:09","modified_gmt":"2026-02-20T04:46:09","slug":"amillex-daily-market-commentary-safe-haven-premium-vs-hawkish-signals-gold-consolidates-at-record-highs","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/ja\/2026\/02\/20\/amillex-daily-market-commentary-safe-haven-premium-vs-hawkish-signals-gold-consolidates-at-record-highs\/","title":{"rendered":"\u30a2\u30df\u30ec\u30c3\u30af\u30b9\u65e5\u520a\u5e02\u5834\u89e3\u8aac | \u5b89\u5168\u8cc7\u7523\u30d7\u30ec\u30df\u30a2\u30e0 vs. \u30bf\u30ab\u6d3e\u30b7\u30b0\u30ca\u30eb\uff1a\u91d1\u306f\u904e\u53bb\u6700\u9ad8\u5024\u3067\u63a8\u79fb\u00a0"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-103ac716e3484f8a062b743b64fc114f\" style=\"font-size:18px\">2026\u5e742\u670820\u65e5\u3001\u4e16\u754c\u306e\u91d1\u5e02\u5834\u306f\u6b74\u53f2\u7684\u306a\u5fc3\u7406\u7684\u6c34\u6e96\u3067\u3042\u308b5,000\u7c73\u30c9\u30eb\u3092\u5de1\u308a\u3001\u6fc0\u3057\u3044\u7db1\u5f15\u304d\u3092\u7e70\u308a\u5e83\u3052\u307e\u3057\u305f\u3002\u7c73\u56fd\u304c\u30a4\u30e9\u30f3\u306b10\u65e5\u9593\u306e\u6700\u5f8c\u901a\u7252\u3092\u7a81\u304d\u4ed8\u3051\u305f\u3053\u3068\u3067\u3001\u5730\u653f\u5b66\u7684\u7dca\u5f35\u304c\u9ad8\u307e\u308a\u3001\u5b89\u5168\u8cc7\u7523\u3068\u3057\u3066\u306e\u9700\u8981\u304c\u518d\u71c3\u3057\u3001\u30b9\u30dd\u30c3\u30c8\u91d1\u4fa1\u683c\u306f\u65e5\u4e2d\u6700\u9ad8\u5024\u306e5,022.15\u7c73\u30c9\u30eb\u306b\u9054\u3057\u307e\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u5f37\u6c17\u306e\u52e2\u3044\u306f\u7d42\u76e4\u306b\u304b\u3051\u3066\u5f31\u307e\u308a\u3001\u6700\u7d42\u7684\u306b\u306f0.4%\u4e0a\u6607\u306e4,995.83\u7c73\u30c9\u30eb\u3067\u843d\u3061\u7740\u304d\u307e\u3057\u305f\u3002\u5e02\u5834\u306f\u73fe\u5728\u3001\u5178\u578b\u7684\u306a\u4fdd\u3061\u5408\u3044\u306e\u30d1\u30bf\u30fc\u30f3\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u30025,000\u7c73\u30c9\u30eb\u306e\u6c34\u6e96\u306f\u5f37\u6c17\u6d3e\u3068\u5f31\u6c17\u6d3e\u306e\u6226\u3044\u306e\u9707\u6e90\u5730\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u3053\u306e\u300c\u7dca\u5f35\u611f\u3042\u308b\u9759\u3051\u3055\u300d\u306f\u3001\u3088\u308a\u5927\u304d\u306a\u4fa1\u683c\u8abf\u6574\u304c\u8d77\u3053\u308a\u3064\u3064\u3042\u308b\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u307e\u3059\u3002\u4eca\u5f8c\u3001\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u653f\u7b56\u5236\u7d04\u304c\u3001\u9ad8\u9a30\u3059\u308b\u91d1\u4fa1\u683c\u306b\u5727\u529b\u3092\u304b\u3051\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3068\u306f\u3044\u3048\u3001\u5730\u653f\u5b66\u7684\u30ea\u30b9\u30af\u304c\u3055\u3089\u306b\u9ad8\u307e\u308b\u3068\u3001\u91d1\u306f5,000\u30c9\u30eb\u3092\u4e0a\u56de\u3063\u3066\u78ba\u56fa\u305f\u308b\u5730\u4f4d\u3092\u7bc9\u304d\u3001\u65b0\u305f\u306a\u4e0a\u6607\u4f59\u5730\u304c\u751f\u307e\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002&nbsp;<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-black-color has-text-color has-link-color wp-elements-36d0a7ca3d04cc5eca8992d784cfdfe1\" style=\"font-size:20px\"><strong>\u8cc7\u7523\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u5206\u6790<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-ff0e5961634bc923a436ef778a7adaeb\" style=\"font-size:18px\"><strong>1. \u7c73\u56fd\u682a\u5f0f\u5e02\u5834<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-11a8b7ba65f6a75934a331b5b63d7d73\" style=\"font-size:18px\"><strong>\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-57d9ce04c9b173b7451a7982ae456e6c\" style=\"font-size:18px\"><strong>\u30c0\u30a6\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u5de5\u696d\u682a\u5e73\u5747\uff08DJI\uff09\uff1a<\/strong>\u00a049,395.16\u3002266.73\u30dd\u30a4\u30f3\u30c8\uff080.54%\uff09\u4e0b\u843d\u3002\u4f1d\u7d71\u7684\u306b\u30d0\u30ea\u30e5\u30fc\u682a\u306e\u7259\u57ce\u3067\u3042\u308b\u30c0\u30a6\u5e73\u5747\u682a\u4fa1\u306e\u4e0b\u843d\u306f\u3001\u501f\u5165\u30b3\u30b9\u30c8\u306e\u4e0a\u6607\u3068\u3001\u9577\u671f\u5316\u3059\u308b\u9ad8\u91d1\u5229\u74b0\u5883\u306b\u304a\u3051\u308b\u5b9f\u4f53\u7d4c\u6e08\u3078\u306e\u5727\u529b\u306e\u9ad8\u307e\u308a\u306b\u5bfe\u3059\u308b\u61f8\u5ff5\u306e\u9ad8\u307e\u308a\u3092\u53cd\u6620\u3057\u3066\u3044\u308b\u3002\u91d1\u5229\u306b\u654f\u611f\u306a\u512a\u826f\u682a\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u304c\u7d9a\u3044\u3066\u3044\u308b\u3002\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-4ac2a67e453f24740de68d07f0bdc349\" style=\"font-size:18px\"><strong>S&amp;P 500\u6307\u6570\uff08SP500\uff09\uff1a<\/strong>\u00a06,875.22\u30020.21%\u4e0a\u6607\u3002\u6307\u6570\u306f6,900\u4ed8\u8fd1\u3067\u72ed\u3044\u7db1\u5f15\u304d\u72b6\u614b\u304c\u7d9a\u3044\u3066\u304a\u308a\u3001\u6b74\u53f2\u7684\u306a7,000\u306e\u7bc0\u76ee\u3092\u524d\u306b\u5fc3\u7406\u7684\u306a\u62b5\u6297\u304c\u5f37\u307e\u3063\u3066\u3044\u308b\u3053\u3068\u304c\u6d6e\u304d\u5f6b\u308a\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u5e02\u5834\u306f\u300c\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u300d\u3078\u306e\u697d\u89b3\u8ad6\u3068\u5272\u9ad8\u306a\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306e\u9593\u3067\u307e\u3059\u307e\u3059\u5f15\u304d\u88c2\u304b\u308c\u3066\u3044\u308b\u3002\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-f80301ca8428d98cbe5010c75fec2271\" style=\"font-size:18px\"><strong>\u30ca\u30b9\u30c0\u30c3\u30af100\u6307\u6570\uff08NQ1!\uff09\uff1a<\/strong>\u00a024,895.25\u30020.15%\u4e0a\u6607\u3002\u7c73\u56fd\u50b5\u5229\u56de\u308a\u306e\u4e0a\u6607\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u5927\u578b\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u4f01\u696d\u306e\u53ce\u76ca\u529b\u306f\u5f15\u304d\u7d9a\u304d\u5e02\u5834\u306e\u6700\u5f8c\u306e\u9632\u885b\u7dda\u3068\u3057\u3066\u6a5f\u80fd\u3057\u3066\u3044\u308b\u3002\u6307\u6570\u306f25,000\u3092\u308f\u305a\u304b\u306b\u4e0b\u56de\u308b\u9ad8\u6c34\u6e96\u306e\u4fdd\u3061\u5408\u3044\u30be\u30fc\u30f3\u306b\u7559\u307e\u3063\u3066\u3044\u308b\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-fbf6cd4918b5276ad0b01b48acff3549\" style=\"font-size:18px\"><strong>\u6ce8\u76ee\u306e\u9298\u67c4<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-cba0c872031d75f9a368beafc5f710e9\" style=\"font-size:18px\"><strong>\u30c6\u30b9\u30e9\uff08TSLA\uff09\uff1a<\/strong>\u00a0411.71\u30c9\u30eb\u30010.09%\u4e0a\u6607\u3002\u524d\u56de\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u30ea\u30bb\u30c3\u30c8\u5f8c\u3001\u682a\u4fa1\u306f\u72ed\u3044\u8abf\u6574\u30ec\u30f3\u30b8\u306b\u5165\u3063\u305f\u3002\u65b0\u305f\u306a\u30de\u30af\u30ed\u7d4c\u6e08\u306e\u30ab\u30bf\u30ea\u30b9\u30c8\u304c\u898b\u5f53\u305f\u3089\u306a\u3044\u4e2d\u3001\u6295\u8cc7\u5bb6\u5fc3\u7406\u306f400\u30c9\u30eb\u306e\u5fc3\u7406\u7684\u7bc0\u76ee\u3092\u8d85\u3048\u305f\u6642\u70b9\u3067\u8457\u3057\u304f\u614e\u91cd\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-f7397c4fcc210b1bc8b1b9f1722c1d25\" style=\"font-size:18px\"><strong>2. \u5916\u56fd\u70ba\u66ff\u5e02\u5834<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-fbcab34e5b1878a3fcecd0b1ce12354a\" style=\"font-size:18px\"><strong>\u7c73\u30c9\u30eb\u6307\u6570\uff08DXY\uff09\uff1a<\/strong>\u00a097.876\u30010.06%\u4e0a\u6607\u3002\u30c9\u30eb\u306f\u3001\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u300c\u3088\u308a\u9577\u671f\u306b\u308f\u305f\u308b\u9ad8\u91d1\u5229\u300d\u898b\u901a\u3057\u306b\u652f\u3048\u3089\u308c\u3001\u5f15\u304d\u7d9a\u304d\u5f37\u529b\u306a\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u306a\u6027\u8cea\u3092\u793a\u3057\u3066\u3044\u308b\u3002\u4e16\u754c\u7d4c\u6e08\u306e\u6e1b\u901f\u3092\u80cc\u666f\u306b\u3001\u30c9\u30eb\u306e\u5229\u56de\u308a\u512a\u4f4d\u6027\u306f\u4f9d\u7136\u3068\u3057\u3066\u5805\u8abf\u306b\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-012312f411c98e1a4155fff2faf9e713\" style=\"font-size:18px\"><strong>\u7c73\u30c9\u30eb\/\u5186:<\/strong>\u00a0155.052\u30010.04%\u4e0a\u6607\u3002\u5186\u306f\u30ad\u30e3\u30ea\u30fc\u30c8\u30ec\u30fc\u30c9\u306e\u89e3\u6d88\u3068\u5b89\u5168\u8cc7\u7523\u3078\u306e\u9700\u8981\u306e\u9593\u3067\u677f\u631f\u307f\u3068\u306a\u308a\u3001\u901a\u8ca8\u30da\u30a2\u306f\u91cd\u8981\u306a155\u30c9\u30eb\u3092\u4e0a\u56de\u3063\u3066\u5b89\u5b9a\u3057\u3066\u3044\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u4e88\u60f3\u304c\u4e0a\u632f\u308c\u3059\u308b\u4e2d\u3001\u5e02\u5834\u306f\u65e5\u9280\u306b\u3088\u308b\u53e3\u982d\u4ecb\u5165\u306e\u53ef\u80fd\u6027\u3092\u6ce8\u8996\u3057\u3066\u3044\u308b\u3002\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-d76da63cac761a8a54392a31690c0b15\" style=\"font-size:18px\"><strong>\u30e6\u30fc\u30ed\/\u7c73\u30c9\u30eb:<\/strong>\u00a01.17694\u30010.03%\u4e0b\u843d\u3002\u30e6\u30fc\u30ed\u570f\u88fd\u9020\u696dPMI\u306e\u4f4e\u8ff7\u304c\u5f15\u304d\u7d9a\u304d\u30e6\u30fc\u30ed\u306e\u91cd\u3057\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u30c9\u30eb\u9ad8\u304c\u7d9a\u304f\u4e2d\u3001\u30e6\u30fc\u30ed\/\u5186\u306f1.18\u306e\u30ec\u30b8\u30b9\u30bf\u30f3\u30b9\u30be\u30fc\u30f3\u3092\u4e0b\u56de\u3063\u305f\u307e\u307e\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9f82e155dbf717f539697fc84fa43794\" style=\"font-size:18px\"><strong>3. \u8cb4\u91d1\u5c5e\u30fb\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c39cbaecb9bf76e699535ea0988df6dd\" style=\"font-size:18px\"><strong>\u8cb4\u91d1\u5c5e<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-2a6cc929a35043d803c7f6a2162946b2\" style=\"font-size:18px\"><strong>\u30b9\u30dd\u30c3\u30c8\u30b4\u30fc\u30eb\u30c9\uff08XAU\/USD\uff09\uff1a<\/strong>\u00a04,997.24\u7c73\u30c9\u30eb\/\u30aa\u30f3\u30b9\u30010.021TP3\u5146\u5186\u4e0a\u6607\u3002\u91d1\u306f5,000\u7c73\u30c9\u30eb\u306e\u7bc0\u76ee\u4ed8\u8fd1\u3067\u3001\u307b\u307c\u6a2a\u3070\u3044\u306e\u72ed\u3044\u63a8\u79fb\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u3053\u308c\u306f\u3001\u6975\u7aef\u306a\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u9700\u8981\u3068\u9ad8\u6c34\u6e96\u306e\u5b9f\u8cea\u91d1\u5229\u3068\u306e\u9593\u306e\u6fc0\u3057\u3044\u5bfe\u7acb\u3092\u53cd\u6620\u3057\u3066\u304a\u308a\u3001\u3053\u306e\u6c34\u6e96\u3067\u306f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u58f2\u8cb7\u304c\u6975\u3081\u3066\u6d3b\u767a\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-9e14553db666ba8a5c3c8d02bdf0e28f\" style=\"font-size:18px\"><strong>\u30b9\u30dd\u30c3\u30c8\u30b7\u30eb\u30d0\u30fc\uff08XAG\/USD\uff09\uff1a<\/strong>\u00a078.5186\u30c9\u30eb\/\u30aa\u30f3\u30b9\u3001\u5909\u308f\u3089\u305a\u3002\u6025\u9a30\u5f8c\u3001\u9280\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306f\u843d\u3061\u7740\u304d\u3092\u898b\u305b\u3066\u304a\u308a\u3001\u5148\u884c\u304d\u306e\u5229\u76ca\u78ba\u5b9a\u58f2\u308a\u304c\u5438\u53ce\u3055\u308c\u3001\u30c6\u30af\u30cb\u30ab\u30eb\u306a\u8abf\u6574\u5c40\u9762\u306b\u5165\u3063\u305f\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9475610fc825ef459f8fc74a4c4a5372\" style=\"font-size:18px\"><strong>\u5546\u54c1<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-676a411e02b95252dd3a17a2256037c9\" style=\"font-size:18px\"><strong>\u539f\u6cb9\uff08WTI\uff09\uff1a<\/strong>\u00a01\u30d0\u30ec\u30eb66.58\u30c9\u30eb\u30010.42%\u4e0b\u843d\u3002\u539f\u6cb9\u4fa1\u683c\u306f\u4e0a\u6607\u5c40\u9762\u306e\u5931\u6557\u5f8c\u3001\u53cd\u843d\u3057\u305f\u3002\u3053\u308c\u306f\u3001\u5730\u653f\u5b66\u7684\u30ea\u30b9\u30af\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u5f8c\u9000\u3059\u308b\u306b\u3064\u308c\u3001\u5e02\u5834\u304c\u4e16\u754c\u7684\u306a\u9700\u8981\u306e\u5f31\u307e\u308a\u306b\u518d\u3073\u6ce8\u76ee\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002\u73fe\u5728\u300165\u30c9\u30eb\u6c34\u6e96\u304c\u77ed\u671f\u7684\u306a\u91cd\u8981\u306a\u8ee2\u63db\u70b9\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-e19ce86ad3fa25fa8c5b20f4ab0a2b37\" style=\"font-size:18px\"><strong>4.&nbsp;<\/strong><strong>\u6697\u53f7\u8cc7\u7523\u3068\u30de\u30af\u30ed\u30c0\u30a4\u30ca\u30df\u30af\u30b9<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-c30ecd0778a34a773f18a227fd6d0268\" style=\"font-size:18px\"><strong>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\uff08BTC\/USD\uff09:<\/strong>\u00a067,220\u30c9\u30eb\u30010.37%\u4e0a\u6607\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f70,000\u30c9\u30eb\u6c34\u6e96\u3092\u4e0b\u56de\u308b\u3068\u3001\u30e2\u30e1\u30f3\u30bf\u30e0\u75b2\u52b4\u306e\u660e\u78ba\u306a\u5146\u5019\u3092\u793a\u3057\u3066\u3044\u308b\u3002\u30ea\u30b9\u30af\u9078\u597d\u5ea6\u304c\u51b7\u3081\u308b\u306b\u3064\u308c\u3001\u91d1\u306a\u3069\u306e\u4f1d\u7d71\u7684\u306a\u5b89\u5168\u8cc7\u7523\u3078\u306e\u8cc7\u91d1\u56de\u5e30\u304c\u307e\u3059\u307e\u3059\u9855\u8457\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-9bfc08c09c553507be28e902bf46738d\" style=\"font-size:18px\"><strong>\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0\uff08ETH\/USD\uff09\uff1a<\/strong>\u00a01,959.0\u7c73\u30c9\u30eb\u30010.56%\u4e0a\u6607\u3002ETH\u306f\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u308f\u305a\u304b\u306b\u4e0a\u56de\u3063\u305f\u3082\u306e\u306e\u3001\u6d41\u52d5\u6027\u306e\u4f4e\u4e0b\u306b\u3088\u308b\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u91d1\u878d\u6d3b\u52d5\u306e\u4f4e\u8ff7\u3092\u53cd\u6620\u3057\u30012,000\u7c73\u30c9\u30eb\u306e\u95be\u5024\u3092\u4e0b\u56de\u3063\u305f\u307e\u307e\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-d47aa89c57d4752bbe616fe42c03bb2a\" style=\"font-size:18px\"><strong>5. \u4eca\u65e5\u306e\u7126\u70b9\u00a0<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-77fe603a893fbc359c3a503784a8edc4\" style=\"font-size:18px\">\u7c73\u56fd\u306e\u65b0\u898f\u5931\u696d\u4fdd\u967a\u7533\u8acb\u4ef6\u6570\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-a1be4c312c5432f9010cca96819091ab\" style=\"font-size:18px\">\u30cb\u30e5\u30fc\u30b8\u30fc\u30e9\u30f3\u30c9\u6e96\u5099\u9280\u884c\u7dcf\u88c1\u306e\u6f14\u8aac\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-b09d60f696a922e335ef7308052bce29\" style=\"font-size:18px\">\u82f1\u56fd\u306e\u5c0f\u58f2\u58f2\u4e0a\u9ad8\uff08\u524d\u6708\u6bd4\uff09\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-c2c6b91cc444c99d5dc77cecbc76c050\" style=\"font-size:18px\">\u30c9\u30a4\u30c4\u88fd\u9020\u696dPMI\uff08\u901f\u5831\u5024\uff09\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-89e1b191d03f7e1dc2be0e3cadacc8f4\" style=\"font-size:18px\">\u30c9\u30a4\u30c4\u30b5\u30fc\u30d3\u30b9\u696dPMI\uff08\u901f\u5831\u5024\uff09\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-c5615832bf3dbdb5079167383ba35723\" style=\"font-size:18px\">\u82f1\u56fd\u88fd\u9020\u696dPMI\uff08\u901f\u5831\u5024\uff09\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-d8d772d54a6f6c9146da82fd78b11d5e\" style=\"font-size:18px\">\u82f1\u56fd\u30b5\u30fc\u30d3\u30b9\u696dPMI\uff08\u66ab\u5b9a\u5024\uff09\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>On February 20, 2026, the global gold market staged a high-stakes tug-of-war around the historic psychological level of USD 5,000. Escalating geopolitical tensions\u2014driven by the United States issuing a 10-day ultimatum to Iran\u2014reignited safe-haven demand, pushing spot gold to an intraday record high of USD 5,022.15. However, bullish momentum faded toward the close, with prices&nbsp;ultimately settling&nbsp;at USD 4,995.83, up a modest 0.4%. The market is currently displaying a classic consolidation pattern. The USD 5,000 mark has become the epicenter of the bulls-versus-bears battle, and this \u201ctense calm\u201d suggests a larger price realignment may be brewing.&nbsp;Looking ahead, Federal Reserve policy constraints&nbsp;may exert pressure on elevated gold prices. That said, should geopolitical [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":4041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/4039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/comments?post=4039"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/4039\/revisions"}],"predecessor-version":[{"id":4042,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/4039\/revisions\/4042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media\/4041"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media?parent=4039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/categories?post=4039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/tags?post=4039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}