
{"id":11022,"date":"2026-11-07T11:28:34","date_gmt":"2026-11-07T02:28:34","guid":{"rendered":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/?p=11022"},"modified":"2026-11-07T11:41:41","modified_gmt":"2026-11-07T02:41:41","slug":"i-took-a-serious-in-depth-look-at-gold-prices","status":"publish","type":"post","link":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/pawnshop\/i-took-a-serious-in-depth-look-at-gold-prices\/","title":{"rendered":"\u91d1\u76f8\u5834\uff08\u30b4\u30fc\u30eb\u30c9\u4fa1\u683c\uff09\u3092\u5c11\u3057\u771f\u5263\u306b\u8abf\u3079\u5b66\u3093\u3067\u307f\u305f"},"content":{"rendered":"\n<p>\u9d2b\u539f\u8cea\u5e97\u306e\u5f1f\u3055\u3093\u3067\u3059\u3002<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><br>\u4e45\u3057\u3076\u308a\u306b\u3001\u30b4\u30fc\u30eb\u30c9\u306b\u3064\u3044\u3066\u8003\u3048\u3066\u307f\u307e\u3057\u305f\u3002\u4eca\u56de\u306f\u300c\u4f55\u304c\u4e8b\u5b9f\u306a\u306e\u304b\u300d\u3092\u77e5\u308a\u305f\u304f\u3066\u3001\u591a\u304f\u306e\u6642\u9593\u3092\u4f7f\u3063\u3066\u307e\u3059\u3002\u3044\u3064\u3082\u306e\u5922\u7269\u8a9e\u3068\u304b\u7a7a\u60f3\u5287\u5834\u3067\u306f\u306a\u304f\u3001\u898b\u305f\u8cc7\u6599\u306e\u4e00\u90e8\u306e\u30ea\u30f3\u30af\u3092\u8cbc\u3063\u3066\u3044\u304f\u306e\u3067\u3001\u8208\u5473\u304c\u3042\u308b\u65b9\u306f\u3054\u89a7\u304f\u3060\u3055\u3044\u3002\u305f\u3060\u4f55\u3092\u8abf\u3079\u3066\u3082\u4e8b\u5b9f\u3060\u3068\u3044\u3046\u78ba\u4fe1\u306f\u3082\u3066\u307e\u305b\u3093\u3002\u306a\u306e\u3067\u4e00\u3064\u306e\u77e5\u8b58\u3068\u3057\u3066\u899a\u3048\u3066\u304a\u304f\u3053\u3068\u306b\u3057\u307e\u3059\u3002\u4e16\u306e\u4e2d\u304c\u697d\u89b3\u3067\u304d\u308b\u72b6\u6cc1\u3067\u3082\u306a\u3055\u305d\u3046\u306b\u898b\u3048\u307e\u3059\u304c\u3001\u3055\u3066\u3001\u4eca\u5f8c\u3069\u3046\u306a\u308b\u306e\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u3010\u91d1\u76f8\u5834\u4e0a\u6607\u5c40\u9762\u3067\u306e\u5b9f\u8cea\u91d1\u5229\u76f8\u95a2\u3011<\/h2>\n\n\n\n<p><strong>\uff1c\u30c7\u30fc\u30bf\u53d6\u5f97\u5143\uff1e<\/strong><br>\u3010\u653f\u7b56\u91d1\u5229\u3011\u7c73\u30bb\u30f3\u30c8\u30eb\u30a4\u30b9\u9023\u9280 FRED\uff1aFEDFUNDS<br>\u3010\u30b3\u30a2CPI\u3011\u7c73\u52b4\u50cd\u7d71\u8a08\u5c40 BLS\u306e\u7d71\u8a08\u3092\u53ce\u9332\u3057\u305fFRED\uff1aCPILFESL<br>\u3010\u30b3\u30a2PCE\u3011\u7c73\u5546\u52d9\u7701 BEA\u306e\u7d71\u8a08\u3092\u53ce\u9332\u3057\u305fFRED\uff1aPCEPILFE<br>\u3010\u7c7310\u5e74\u5b9f\u8cea\u91d1\u5229\u3011\u7c73\u8ca1\u52d9\u7701\u50b5\u5238\u5e02\u5834\u30c7\u30fc\u30bf\u3092\u57fa\u306b\u3057\u305fFRED\uff1aDFII10<br>\u3010\u30b4\u30fc\u30eb\u30c9\u4fa1\u683c\u3011\u4e16\u754c\u9280\u884c Commodity Markets<br>5\u7cfb\u5217\u3059\u3079\u3066\u304c\u305d\u308d\u30462021\u5e7411\u6708\u301c2024\u5e7412\u6708\u3067AI\u3067\u751f\u6210\u3057\u305f\u30b0\u30e9\u30d5\u3067\u3059\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" loading=\"lazy\" style=\"width:100%;height:auto\" src=\"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-content\/uploads\/sites\/5\/2026\/11\/20261102_1.jpg\" alt=\"2021\u5e7411\u6708\u304b\u30892024\u5e7412\u6708\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u5b9f\u8cea\u91d1\u5229\u3068\u30b4\u30fc\u30eb\u30c9\u4fa1\u683c\u30c1\u30e3\u30fc\u30c8\">\n\uff1c\u56f3\u306e\u898b\u65b9\uff1e<br>\u592a\u3044\u9752\u7dda\uff1a\u91d1\u4fa1\u683c\uff08\u5de6\u8ef8\u30fb\u30c9\u30eb\uff0f\u30c8\u30ed\u30a4\u30aa\u30f3\u30b9\uff09<br>\u9752\u3044\u7834\u7dda\uff1a\u653f\u7b56\u91d1\u5229\u2212\u30b3\u30a2CPI<br>\u30aa\u30ec\u30f3\u30b8\u7dda\uff1a\u653f\u7b56\u91d1\u5229\u2212\u30b3\u30a2PCE<br>\u7dd1\u306e\u70b9\u7dda\uff1a\u7c73\u56fd10\u5e74\u5b9f\u8cea\u91d1\u5229<\/p>\n\n\n\n<p>\u4e0a\u6607\u671f\u9593\u306b\u304a\u3051\u308b\u5b9f\u30c7\u30fc\u30bf\u3092\u3053\u3046\u3057\u3066\u4e26\u3079\u3066\u307f\u308b\u3068\u30012022\u5e74\u304b\u30892023\u5e74\u306b\u304b\u3051\u3066\u3001\u5b9f\u8cea\u91d1\u5229\u304c\u5927\u304d\u304f\u4e0a\u6607\u3059\u308b\u4e00\u65b9\u3067\u3001\u91d1\u4fa1\u683c\u306f\u4e00\u65b9\u5411\u306b\u306f\u4e0b\u304c\u3063\u3066\u307e\u305b\u3093\u30022024\u5e74\u5f8c\u534a\u306b\u306f\u3001\u5b9f\u8cea\u91d1\u5229\u304c\u9ad8\u3044\u6c34\u6e96\u306b\u3042\u308b\u306a\u304b\u3067\u91d1\u4fa1\u683c\u3082\u4e0a\u6607\u3057\u3066\u308b\u3002\u3053\u306e\u5c40\u9762\u306b\u304a\u3044\u3066\u306f\u300c\u91d1\u4fa1\u683c\u3092\u5b9f\u8cea\u91d1\u5229\u3060\u3051\u3067\u8aac\u660e\u3059\u308b\u306e\u306f\u96e3\u3057\u3044\u300d\u3068\u5206\u304b\u308a\u307e\u3059\u3002\uff08\u203b\u5b9f\u8cea\u91d1\u5229\u306f\u3001\u6052\u4f8b\u306e\u7c21\u6613\u7684\u306a\u3084\u3064\u3067\u3059\uff09<\/p>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u30b4\u30fc\u30eb\u30c9\u306b\u95a2\u3057\u3066\u3001BIS\uff08\u56fd\u969b\u6c7a\u6e08\u9280\u884c\uff09\u306e2026\u5e743\u6708\u306e\u5206\u6790\u304c\u300c<strong><a href=\"https:\/\/www.bis.org\/publications\/qr-202603\/markets-recalibrate-amid-shifting-currents?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener nofollow sponsored\" title=\"\u3053\u3061\u3089\">\u3053\u3061\u3089<\/a><\/strong>\u300d\u3067\u898b\u308c\u307e\u3059\u30022025\u5e74\u304b\u30892026\u5e74\u521d\u982d\u306e\u8cb4\u91d1\u5c5e\u76f8\u5834\u306b\u3064\u3044\u3066\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u71b1\u72c2\u3001ETF\u3078\u306e\u8cc7\u91d1\u6d41\u5165\u3001\u30ec\u30d0\u30ec\u30c3\u30b8ETF\u306e\u65e5\u6b21\u8abf\u6574\u3001\u8a3c\u62e0\u91d1\u4e0d\u8db3\u306b\u3088\u308b\u5f37\u5236\u58f2\u5374\u306a\u3069\u304c\u4fa1\u683c\u5909\u52d5\u3092\u5897\u5e45\u3055\u305b\u305f\u3068\u5206\u6790\u3057\u3066\u308b\u3088\u3046\u3067\u3059\u3002\u671f\u9593\u306f2026\u5e741\u6708\u672b\u304b\u30892\u6708\u306b\u304b\u3051\u3066\u8d77\u304d\u305f\u6025\u843d\u3092\u542b\u3081\u30012025\u5e74\u304b\u30892026\u5e74\u521d\u982d\u306e\u8cb4\u91d1\u5c5e\u5e02\u5834\u306e\u52d5\u304d\u306b\u3064\u3044\u3066\u3067\u3057\u305f\u3002<\/p>\n\n\n\n<div style=\"height:54px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u30101970\u5e74\u4ee3\u306e\u6614\u8a71\u3011<\/h2>\n\n\n\n<p>\u5c11\u3057\u524d\u306e2026\u5e745\u670821\u65e5\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u8cb4\u91d1\u5c5e\u8ca9\u58f2\u4f1a\u793eBullion Exchanges\uff08<strong><a href=\"https:\/\/bullionexchanges.com\/\" target=\"_blank\" rel=\"noopener nofollow sponsored\" title=\"\u3053\u3061\u3089\">\u3053\u3061\u3089<\/a><\/strong>\uff09\u304c\u30db\u30fc\u30e0\u30da\u30fc\u30b8\u3067\u63b2\u8f09\u3057\u305f\u8cc7\u6599\u3082\u53c2\u7167\u3057\u307e\u3059\u3002\u91d1\u5c5e\u8ca9\u58f2\u4f1a\u793e\u306e\u8a18\u4e8b\u3067\u3059\u306e\u3067\u3001\u60c5\u5831\u306e\u4e00\u90e8\u3068\u3057\u3066\u898b\u308b\u306e\u304c\u5409\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" loading=\"lazy\" style=\"width:100%;height:auto\" src=\"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-content\/uploads\/sites\/5\/2026\/11\/20261102_2.jpg\" alt=\"1970\u5e74\u4ee3\u306e\u30b4\u30fc\u30eb\u30c9\u306b\u95a2\u3059\u308b\u8003\u3048\u65b9\"> <\/p>\n\n\n\n<p>\u5404\u56fd\u4e2d\u592e\u9280\u884c\u306e\u30b4\u30fc\u30eb\u30c9\u8cb7\u5165\u308c\u3084\u4e16\u754c\u7684\u306a\u5730\u653f\u5b66\u30ea\u30b9\u30af\u3001\u30a4\u30f3\u30d5\u30ec\u61f8\u5ff5\u3092\u80cc\u666f\u306b\u300c\u91d1\u3053\u305d\u304c\u5b89\u5168\u8cc7\u7523\u300d\u3068\u3044\u3046\u5fc3\u7406\u304c\u4fa1\u683c\u3092\u4e0a\u6607\u3055\u305b\u3001\u7c73\u56fd\u306e\u5b9f\u8cea\u91d1\u5229\u3084\u30c9\u30eb\u306e\u5f37\u3055\u306b\u5bfe\u3057\u3066\u9ad8\u3059\u304e\u308b\u6c34\u6e96\u307e\u3067\u6295\u6a5f\u8cc7\u91d1\u304c\u6d41\u5165\u3057\u305f\u904e\u53bb\u30021970\u5e74\u4ee3\u306e\u6295\u8cc7\u5fc3\u7406\u3068\u3057\u3066\u300c\u91d1\u306f\u4e0a\u304c\u308a\u7d9a\u3051\u308b\u300d\u300c\u91d1\u3092\u8cb7\u3048\u3070\u7686\u5927\u91d1\u6301\u3061\u300d\u3068\u3044\u3046\u767a\u60f3\u304c\u91b8\u6210\u3055\u308c\u305f\u3068\u3001\u305d\u3093\u306a\u3053\u3068\u304c\u66f8\u304b\u308c\u3066\u304a\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u91d1\u3068\u30c9\u30eb\u306e\u4ea4\u63db\u5236\u5ea6\u306e\u5909\u66f4\u3001\u91d1\u4fa1\u683c\u304c\u5e02\u5834\u3067\u5909\u52d5\u3059\u308b\u6642\u4ee3\u306b\u79fb\u884c\u3057\u305f\u5f71\u97ff\u3082\u5927\u304d\u3044\u3002\u539f\u6cb9\u4fa1\u683c\u3084\u7d1b\u4e89\u306a\u3069\u591a\u304f\u306e\u4e8b\u304c\u8d77\u304d\u305f1970\u5e74\u4ee3\u3060\u3051\u3069\u30011\u30aa\u30f3\u30b935\u30c9\u30eb\u304b\u30891980\u5e74\uff11\u6708\u306b850\u30c9\u30eb\u307e\u3067\u4e0a\u6607\u3057\u305f\u53f2\u5b9f\u3068\u3001\u3053\u306e\u6570\u5e74\u9593\u306e\u30c1\u30e3\u30fc\u30c8\u3068\u5bfe\u6bd4\u3057\u306a\u304c\u3089\u898b\u7d9a\u3051\u3066\u304d\u307e\u3057\u305f\u3002\u4f3c\u3066\u308b\u90e8\u5206\u3082\u3042\u308b\u3057\u3001\u9055\u3046\u90e8\u5206\u3082\u3042\u308b\u306e\u3067\u7c21\u5358\u306a\u6bd4\u8f03\u306f\u3067\u304d\u306a\u3044\u306b\u305b\u3088\u3001\u53c2\u8003\u306b\u306a\u308b\u90e8\u5206\u306f\u591a\u3044\u6c17\u304c\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<div style=\"height:51px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u3010\u3053\u308c\u304b\u3089\u306e\u89b3\u5bdf\u4e8b\u9805\u3011<\/h2>\n\n\n\n<p>\u3053\u306e\u9803\u306e\u91d1\u5229\u6c34\u6e96\u306f\u904e\u53bb\u306b\u8abf\u3079\u3066\u66f8\u3044\u305f\u4e8b\u304c\u3042\u308a\u307e\u3059\u3002\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306e\u91d1\u878d\u653f\u7b56\u3078\u306e\u8ee2\u63db\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u3068\u30c9\u30eb\u3078\u306e\u4fe1\u8a8d\u56de\u5fa9\u306b\u7e4b\u304c\u308a\u307e\u3057\u305f\u30021980\u5e74\u306e\u9ad8\u5024\u304b\u30891999\u5e74\u3054\u308d\u307e\u3067\u306e\u9577\u671f\u7684\u306a\u4e0b\u843d\u5c40\u9762\u3068\u306a\u3063\u305f\u6b74\u53f2\u3082\u3001\u307e\u305f\u4e00\u3064\u306e\u73fe\u5b9f\u3068\u3057\u3066\u898b\u3066\u304a\u304d\u305f\u3044\u90e8\u5206\u3002\u30c9\u30eb\u96e2\u308c\u3068\u3044\u3046\u8a71\u3084\u300c\u30c9\u30eb\u3078\u306e\u4fe1\u8a8d\u300d\u3068\u3044\u3046\u8a00\u8449\u304c\u3042\u308b\u73fe\u5728\u306b\u304a\u3044\u3066\u3001\u305d\u306e\u90e8\u5206\u304c\u4eca\u5f8c\u3069\u3046\u306a\u308b\u304b\u3082\u4e00\u3064\u306e\u554f\u984c\u306a\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u3068\u306f\u3044\u3048\u3001\u300cFED\u306e\u65b9\u91dd\u300d\u304c\u4eca\u5f8c\u3069\u306e\u3088\u3046\u306b\u5f71\u97ff\u3059\u308b\u306e\u304b\u3068\u3044\u3046\u90e8\u5206\u3092\u773a\u3081\u3066\u3044\u308c\u3070\u3001\u3082\u3057\u304b\u3057\u305f\u3089\u4eca\u5f8c\u306e\u4f55\u304b\u3082\u307f\u308c\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3068\u8003\u3048\u3066\u307e\u3059\u3002\u305d\u3046\u3044\u3046\u610f\u5473\u3067\u3001\u7c73\u30c9\u30eb\u306e\u91d1\u5229\u306b\u3069\u3046\u53cd\u5fdc\u3059\u308b\u306e\u304b\u3001\u5f15\u304d\u7d9a\u304d\u898b\u3066\u3044\u304d\u305f\u3044\u3068\u3053\u308d\u304b\u306a\u3002<br><br><br><br><\/p>\n\n\n\n<div style=\"height:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\u3010FED\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u306e\u884c\u65b9\u3011<\/h3>\n\n\n\n<p>\u898b\u3048\u308b\u90e8\u5206\u3068\u3057\u3066\u89b3\u5bdf\u3092\u7d9a\u3051\u308bFED\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3002\u4eca\u73fe\u5728\u306e\u300c\u7d4c\u6e08\u300d\u3068\u5b9a\u7fa9\u3055\u308c\u3066\u308b\u30b7\u30b9\u30c6\u30e0\u3092\u652f\u3048\u308b\u305f\u3081\u3001\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u306b\u5927\u91cf\u306e\u6d41\u52d5\u6027\u304c\u4f9b\u7d66\u3055\u308c\u305f\u904e\u53bb\u304c\u3042\u308a\u307e\u3059\u30022020\u5e74\u306e\u8a18\u61b6\u306f\u591a\u304f\u306e\u4eba\u306b\u6b8b\u3063\u3066\u304a\u308a\u3001\u4e16\u754c\u4e2d\u3067\u30e2\u30ce\u306e\u5024\u6bb5\u304c\u6025\u4e0a\u6607\u3057\u307e\u3057\u305f\u3002\u7d19\u5e63\u306f\u300c\u5237\u308c\u3070\u3044\u3044\u300d\u3068\u3044\u3046\u898b\u89e3\u304c\u3001\u30b7\u30b9\u30c6\u30e0\u305d\u306e\u3082\u306e\u3078\u306e\u4e0d\u4fe1\u611f\u3078\u3068\u7e4b\u304c\u308a\u3001\u5b9f\u7269\u8cc7\u7523\u306b\u6ce8\u76ee\u3055\u308c\u59cb\u3081\u305f\u30ad\u30c3\u30ab\u30b1\u3068\u500b\u4eba\u7684\u306b\u306f\u773a\u3081\u3066\u307e\u3059\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" loading=\"lazy\" style=\"width:100%;height:auto\" src=\"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-content\/uploads\/sites\/5\/2026\/11\/20261102_3.jpg\" alt=\"FED\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u30c1\u30e3\u30fc\u30c8\"> <\/p>\n\n\n\n<p>\u524d\u3082\u66f8\u3044\u3066\u305f\u3051\u3069\u3001QT\u7d42\u4e86\u5f8c\u306eFRB\u304c\u3001\u8fd1\u3044\u672a\u6765\u3001\u3069\u306e\u3088\u3046\u306a\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u904b\u55b6\u3092\u76ee\u6307\u3059\u306e\u304b\uff1f\u3002\u91d1\u878d\u72b6\u6cc1\u3092\u300c\u7dad\u6301\u3059\u308b\u300d\u304b\u300c\u5f15\u304d\u7de0\u3081\u308b\u300d\u304b\u300c\u7de9\u548c\u3059\u308b\u304b\u300d\u306e\u9078\u629e\u3082\u95a2\u4fc2\u3042\u308a\u305d\u3046\u3002\u7c73\u56fd\u306e\u91d1\u5229\u6025\u4f4e\u4e0b\u3092\u4f34\u3044\u306a\u304c\u3089\u3001\u8cc7\u91d1\u4f9b\u7d66\u3092\u62e1\u5927\u3059\u308b\u306e\u3067\u3042\u308c\u3070\u3001<strong>\u30b4\u30fc\u30eb\u30c9\u304c\u7206\u4e0a\u304c\u308a\u3059\u308b\u7269\u8a9e\u306f\u7c21\u5358\u306b\u63cf\u3051\u307e\u3059<\/strong>\u3002\u305d\u306e\u72b6\u6cc1\u3067\u306f\u3001\u30b4\u30fc\u30eb\u30c9\u304c\u4e0a\u6607\u3057\u305f\u3068\u3066\u3001\u610f\u5473\u4e0d\u660e\u306a\u7269\u4fa1\u4e0a\u6607\u3092\u3068\u3082\u306a\u3046\u53ef\u80fd\u6027\u304c\u3042\u308a\u3001\u666e\u901a\u306e\u52b4\u50cd\u8005\u306e\u7d66\u6599\u3067\u306f\u3001\u307e\u3068\u3082\u306a\u3054\u98ef\u304c\u98df\u3079\u3089\u308c\u306a\u3044\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002FRB\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u62e1\u5927\u3068\u91d1\u4fa1\u683c\u4e0a\u6607\u306f\u5fc5\u305a\u3057\u3082\u76f4\u7d50\u3057\u306a\u3044\u3068\u7406\u89e3\u306f\u3059\u308c\u3069\u3001\u7d19\u5e63\u91cf\u306e\u62e1\u5927\u304c\u7269\u4fa1\u9ad8\u306b\u5f71\u97ff\u3059\u308b\u4e00\u9762\u3082\u3042\u308a\u3001\u305d\u306e\u6642\u306e\u91d1\u5229\u6c34\u6e96\u304c\u30b4\u30fc\u30eb\u30c9\u306e\u4fa1\u683c\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3088\u3046\u306b\u3082\u601d\u3048\u308b\u3002\u4eca\u306e\u3068\u3053\u308d\uff26\uff26\u30ec\u30fc\u30c8\u3092\u4e0a\u3052\u308b\u8a71\u3082\u3042\u308a\u307e\u3059\u304c\u3001\u3053\u306e\u72b6\u6cc1\u3067\u3069\u3046\u3057\u307e\u3059\u304b\u306d\uff1f\u3002\u3010<strong>\u4e00\u65b9\u7684\u306a\u7269\u4fa1\u4e0a\u6607\u304c\u4e16\u8ad6\u3092\u5909\u3048\u3001\u4eca\u3092\u5275\u308a\u51fa\u3057\u305f\u3088\u3046\u306b\u307f\u3048\u308b<\/strong>\u3011\u306e\u3067\u3001\u500b\u4eba\u7684\u306a\u898b\u3069\u3053\u308d\u306f\u300c\u30c9\u30eb\u7d19\u5e63\u91cf\u3068\u305d\u306e\u5b9f\u8cea\u91d1\u5229\u300d\u3068\u3044\u3046\u611f\u3058\u3002\u305d\u3057\u3066\u56fd\u50b5\u306e\u83ab\u5927\u306a\u5897\u767a\u306a\u3057\u3067\u3001\u5229\u6255\u3044\u304c\u53ef\u80fd\u306a\u306e\u304b\u304c\u73fe\u5728\u306e\u554f\u984c\u70b9\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<p><br>\u8b70\u9577\u3055\u3093\u5927\u5909\u3060\u306a\uff5e\u3068\u306f\u601d\u3046\u3082\u3001\u4e00\u822c\u7684\u306a\u52b4\u50cd\u306b\u65e5\u3005\u52b1\u307f\u306a\u304c\u3089\u666e\u901a\u306e\u66ae\u3089\u3057\u3092\u3057\u3066\u308b\u4eba\u3005\u3084\u3001\u91d1\u878d\u8cc7\u7523\u3092\u6301\u305f\u306a\u3044\u82e5\u8005\u305f\u3061\u306f\u3001\u305d\u306e\u66ae\u3089\u3057\u306b\u5927\u304d\u306a\u30c0\u30e1\u30fc\u30b8\u3092\u53d7\u3051\u305f\u3088\u3046\u306b\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\u3010\u65e5\u672c\u9280\u884c\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u306e\u884c\u65b9\u3011<\/h3>\n\n\n\n<p>\u305d\u3057\u3066\u305d\u308c\u306f\u65e5\u672c\u9280\u884c\u3082\u540c\u3058\u8a71\u3002\u530d\u5310\u524d\u9032\u306e\u5982\u304f\u9032\u3081\u308b\u690d\u7530\u5148\u751f\u305f\u3061\u3060\u3051\u3069\u3001\u300c\uff25\uff34\uff26\u58f2\u5374\u52a0\u901f\u300d\u306e\u8a71\u304c\u7a81\u7136\u3067\u3066\u304d\u307e\u3057\u305f\u3002\u58f2\u5374\u30da\u30fc\u30b9\u3092\u52a0\u901f\u3055\u305b\u308b\u306e\u306f2027\u5e741\u6708\u304b\u3089\u3068\u306e\u3053\u3068\u3002\u91d1\u878d\u7de9\u548c\u306e\u4e00\u74b0\u3068\u3057\u3066\u3001\u4e2d\u592e\u9280\u884c\u304c\u8cc7\u91d1\u3092\u4f9b\u7d66\u3057\u306a\u304c\u3089\u300c\u682a\u5f0f\u300d\u3092\u8cfc\u5165\u3057\u3066\u304d\u305f\u80cc\u666f\u3092\u6574\u7406\u3059\u308b\u3068\u3001\u58f2\u5374\u306b\u3088\u3063\u3066\u751f\u3058\u308b\u8cc7\u91d1\u3092\u4eca\u5f8c\u3069\u3046\u6271\u3046\u306e\u304b\uff1f\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" loading=\"lazy\" style=\"width:100%;height:auto\" src=\"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-content\/uploads\/sites\/5\/2026\/11\/20261102_4.jpg\" alt=\"\u65e5\u9280\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\"><\/p>\n\n\n\n<p>\u300c\u58f2\u5374\u306b\u3088\u3063\u3066\u53d7\u3051\u53d6\u308b\u8cc7\u91d1\u300d\u3068\u300c\u58f2\u5374\u76ca\u306b\u3088\u3063\u3066\u751f\u3058\u308b\u5229\u76ca\u300d\u305d\u3057\u3066\u300c\u65e5\u9280\u306e\u5270\u4f59\u91d1\u304b\u3089\u653f\u5e9c\u3078\u7d0d\u4ed8\u3055\u308c\u308b\u304a\u91d1\u300d\u306b\u3064\u3044\u3066\u306e\u8a71\u306f\u307e\u3060\u898b\u3048\u3066\u307e\u305b\u3093\u3002\u65e5\u9280\u304c\u4fdd\u6709\u3059\u308bETF\u306e\u51e6\u5206\u3084\u5229\u76ca\u306e\u56fd\u5eab\u7d0d\u4ed8\u306f\u3001\u5b9f\u8cea\u7684\u306a\u300c\u653f\u5e9c\u306e\u6b73\u5165\u300d\u53c8\u306f\u300c\u65e5\u9280\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u5727\u7e2e\u300d\u306b\u7e4b\u304c\u308b\u3068\u4e88\u60f3\u3055\u308c\u3001\u305d\u306e\u65b9\u5411\u6027\u306b\u3088\u3063\u3066\u306f\u901a\u8ca8\u4f9b\u7d66\u91cf\u306b\u5f71\u97ff\u3057\u300c\u5186\u300d\u306e\u901a\u8ca8\u4fa1\u5024\u306b\u307e\u3067\u5f71\u97ff\u3059\u308b\u53ef\u80fd\u6027\u3082\u3042\u308a\u305d\u3046\uff08\u203b\u8a00\u3044\u65b9\u9593\u9055\u3063\u3066\u308b\u304b\u3082\uff09\u3002\u5186\u3067\u751f\u6d3b\u3059\u308b\u5168\u3066\u306e\u4eba\u306b\u95a2\u4fc2\u3059\u308b\u8a71\u3060\u3051\u3069\u3001\u307e\uff5e\u9762\u5012\u306a\u8a71\u3060\u3057\u3001\u3053\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u8208\u5473\u3092\u6301\u3064\u4eba\u9593\u306e\u65b9\u304c\u73cd\u3057\u305d\u3046\u3067\u3059\u3002\u65e5\u9280\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u306f\u898b\u7d9a\u3051\u308b\u3051\u3069\u3001\u79c1\u306f\u300c\u6b73\u5165\u300d\u3092\u4f55\u306b\u4f7f\u3046\u304b\u306a\u3093\u3066\u8208\u5473\u304c\u306a\u3044\uff01\uff08\u6c57\uff09\u3002\u516c\u8868\u3055\u308c\u308b\u3082\u306e\u3067\u3082\u306a\u3055\u305d\u3046\u3060\u3057\u306d\u3002\u96f2\u306e\u4e0a\u306e\u65b9\u3005\u306e\u5224\u65ad\u306b\u3088\u308a\u3001\u304a\u91d1\u306e\u6d41\u308c\u304c\u307e\u3068\u307e\u308c\u3070\u3001\u8a73\u3057\u3044\u6709\u8b58\u8005\u304c\u305d\u306e\u3046\u3061YouTube\u306a\u3069\u3067\u89e3\u8aac\u3057\u3066\u304f\u308c\u305d\u3046\u3060\u3057\u3001\u305d\u308c\u3067\u3057\u3063\u304b\u308a\u52c9\u5f37\u3057\u3088\u3046\u3068\u601d\u3044\u307e\u3059\u3002\u300c\u3064\u306a\u304e\u56fd\u50b5\u8ca1\u6e90\u3078\u691c\u8a0e\u300d\u3068\u306e\u5831\u9053\u306f\u3082\u3046\u3067\u3066\u307e\u3059\u304c\u3001<strong>\u300c\u4e16\u306e\u4e2d\u306b\u51fa\u56de\u308b\u304a\u91d1\u306e\u91cf\u304c\u6700\u7d42\u7684\u306b\u5897\u3048\u308b\u306e\u304b\u30fb\u6e1b\u308b\u306e\u304b\u300d<\/strong>\u3068\u3044\u3046\u70b9\u306f\u89b3\u5bdf\u3057\u3066\u304a\u304d\u305f\u3044\u3068\u3053\u308d\u3067\u3059\u3002<\/p>\n\n\n\n<div style=\"height:45px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\u3010\u4e2d\u592e\u9280\u884c\u306e\u5916\u8ca8\u6e96\u5099\u306b\u304a\u3051\u308bIMF\u8ad6\u6587\u3011<\/h3>\n\n\n\n<p>\u3042\u308f\u305b\u3066\u3001IMF\u304c2026\u5e747\u67089\u65e5\u516c\u8868\u3057\u305f\u8ad6\u6587\uff08<strong><a href=\"https:\/\/www.elibrary.imf.org\/view\/journals\/068\/2026\/007\/068.2026.issue-007-en.xml?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener nofollow sponsored\" title=\"\u3053\u3061\u3089\">\u3053\u3061\u3089<\/a><\/strong>\uff09\u3082\u53c2\u8003\u306b\u306a\u308a\u307e\u3059\u3002\u30c9\u30eb\u3084\u56fd\u50b5\u3060\u3051\u306b\u4f9d\u5b58\u3057\u306a\u3044\u5916\u8ca8\u6e96\u5099\u306e\u69cb\u7bc9\u3092\u6025\u3044\u3060\u6570\u5e74\u3001\u4e2d\u592e\u9280\u884c\u306e\u91d1\u4fdd\u6709\u3068\u3044\u3046\u8a71\u306f\u3001\u4e00\u822c\u7684\u306b\u5e83\u304f\u77e5\u308c\u6e21\u3063\u3066\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u9762\u767d\u3044\u306e\u304c\u3001\u3053\u306e\u8ad6\u6587\u306e\u300c\u4e16\u754c\u306e\u4e2d\u592e\u9280\u884c\u304c\u4eca\u5f8c\u3082\u91d1\u3092\u8cb7\u3044\u7d9a\u3051\u308b\u306e\u304b\u300d\u3068\u3044\u3046\u8ad6\u70b9\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" loading=\"lazy\" style=\"width:100%;height:auto\" src=\"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-content\/uploads\/sites\/5\/2026\/11\/20261102_5.jpg\" alt=\"IMF\u8ad6\u6587\u306e\u8868\u7d19\"><\/p>\n\n\n\n<p>\u91d1\u4fa1\u683c\u306e\u4e0a\u6607\u306b\u306f\u6295\u8cc7\u8cc7\u91d1\u304c\u304b\u306a\u308a\u5165\u3063\u3066\u304a\u308a\u3001\u8a55\u4fa1\u984d\u306e\u81a8\u5f35\u3068\u3044\u3046\u5074\u9762\u3082\u3042\u308b\u3002\u3064\u307e\u308a\u4e2d\u592e\u9280\u884c\u306e\u91d1\u4fdd\u6709\u984d\u304c\u5897\u3048\u305f\u3053\u3068\u3068\u3001\u5b9f\u969b\u306e\u8cfc\u5165\u91cf\u304c\u5897\u3048\u305f\u3053\u3068\u306f\u533a\u5225\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3068\u3044\u3046\u3053\u3068\u3002\u5177\u4f53\u7684\u306a\u6570\u5024\u3082\u8a18\u8f09\u3055\u308c\u3066\u307e\u3059\u304c\u30012018\uff5e2025\u5e74\u306b\u4e2d\u592e\u9280\u884c\u306e\u91d1\u4fdd\u6709\u8a55\u4fa1\u984d\u306f\u7d041.2\u5146\u30c9\u30eb\u304b\u3089\u7d044.5\u5146\u30c9\u30eb\u3078\u5897\u52a0\u3057\u3001\u5897\u52a0\u7387\u306f\u7d04268\uff05\u306e\u3088\u3046\u3067\u3059\u3002\u305d\u306e\u4e00\u65b9\u3067\u3001<strong>\u4fdd\u6709\u3059\u308b\u91d1\u306e\u7269\u7406\u7684\u306a\u91cf\u306e\u5897\u52a0\u306f\u7d048.5\uff05\u3057\u304b\u306a\u304f<\/strong>\u3001\u30a4\u30e1\u30fc\u30b8\u3068\u51c4\u3044\u9055\u3046\u306a\uff5e\u3068\u773a\u3081\u3066\u307e\u3057\u305f\u3002\u5916\u8ca8\u6e96\u5099\u9ad8\u306b\u304a\u3051\u308b\u30b4\u30fc\u30eb\u30c9\u4fdd\u6709\u7387\u306e\u8a71\u306f\u3088\u304f\u8033\u306b\u3059\u308b\u3051\u3069\u3001\u4fa1\u683c\u4e0a\u6607\u306e\u5f71\u97ff\u304c\u5927\u304d\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u3053\u306e\u8cc7\u6599\u304b\u3089\u5206\u304b\u308a\u307e\u3057\u305f\u3002\u7c21\u5358\u306b\u3044\u3048\u3070\u3010\u8a55\u4fa1\u984d\u306e\u5897\u52a0\uff1d\u8cfc\u5165\u91cf\u306e\u5897\u52a0\u3067\u306f\u306a\u3044\u3011\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u7269\u91cf\u3092\u5897\u3084\u3059\u304b\u3001\u30ea\u30d0\u30e9\u30f3\u30b9\u3059\u308b\u306e\u304b\u3068\u3044\u3046\u9078\u629e\u3082\u4eca\u5f8c\u306e\u76f8\u5834\u306b\u5f71\u97ff\u3057\u3066\u304d\u305d\u3046\u3067\u3059\u306d\u3002\u5c1a\u3001IMF\u306e\u8cc7\u6599\u306a\u306e\u3067\u9593\u9055\u3044\u306f\u306a\u3044\uff08\uff1f\uff09\u30fb\u30fb\u30fb\u3068\u601d\u3046\u3051\u3069\u30fb\u30fb\u30fb\u514d\u8cac\u304c\u3042\u308a\u307e\u3059\uff08\u6d99\uff09\u3002\u5e83\u304f\u805e\u3053\u3048\u308b\u5642\u3084\u3001\u4eca\u56de\u53d6\u308a\u4e0a\u3052\u305f\u8cc7\u6599\u3084\u60c5\u5831\u3067\u3055\u3048\u3001\u8a71\u534a\u5206\u306b\u805e\u3044\u3066\u304a\u304b\u306a\u3044\u3068\u672c\u8cea\u3092\u898b\u5931\u3044\u305d\u3046\u3060\u3002<strong>\u672c\u5f53\u3063\u3066\u306a\u3093\u3067\u3059\u304b\uff5e\uff5e\uff1f\u3002\u4e8b\u5b9f\u3068\u306f\u4e00\u4f53\uff1f<\/strong>\u3002<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u3010In Gold We Trust Report 2026 Chartbook\u3011<\/h2>\n\n\n\n<p>\u30aa\u30fc\u30b9\u30c8\u30ea\u30a2\u5b66\u6d3e\u306e\u7d4c\u6e08\u8996\u70b9\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u5e02\u5834\u3092\u8a73\u7d30\u306b\u5206\u6790\u3059\u308b\u3001\u4e16\u754c\u7684\u306b\u8457\u540d\u306a\u5e74\u6b21\u30ec\u30dd\u30fc\u30c8\u306e\u6700\u65b0\u30c1\u30e3\u30fc\u30c8\u30d6\u30c3\u30af\u3092\u53c2\u7167\u3057\u307e\u3057\u305f\u30022026\u5e7410\u6708\u672b\u6642\u70b9\u307e\u3067\u306e\u6700\u65b0\u5e02\u5834\u30c7\u30fc\u30bf\u304c\u63b2\u8f09\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" loading=\"lazy\" style=\"width:100%;height:auto\" src=\"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-content\/uploads\/sites\/5\/2026\/11\/20261102_6.jpg\" alt=\"In Gold We Trust Report 2026 Chartbook\u306e46\u30da\u30fc\u30b8\">\u300c\u898b\u305f\u3044\u90e8\u5206\u300d\u3060\u3051\u3092\u53d6\u308a\u4e0a\u3052\u308b\u306846\u30da\u30fc\u30b8\u304b\u3089\u3002\u7d19\u5e63\u91cf\u3068\u76f8\u95a2\u3057\u3066\u52d5\u304d\u7d9a\u3051\u305f\u30b4\u30fc\u30eb\u30c9\u4fa1\u683c\u304c\u30c1\u30e3\u30fc\u30c8\u306b\u63b2\u8f09\u3055\u308c\u3066\u307e\u3057\u305f\u3002\u898b\u6bd4\u3079\u3066\u304d\u305f1980\u5e74\u304b\u3089\u306e\u4e56\u96e2\u30842011\u5e74\u9803\u306e\u4e56\u96e2\u306a\u3069\u3082\u5206\u304b\u308b\u306e\u3067\u3001\u5b8c\u5168\u306b\u4e00\u81f4\u3057\u3066\u306f\u3044\u306a\u3044\u3051\u3069\u3001\u7d19\u5e63\u91cf\u3092\u898b\u7d9a\u3051\u308b\u6839\u62e0\u3068\u3057\u3066\u5927\u304d\u306a\u9593\u9055\u3044\u306f\u306a\u305d\u3046\u3002<\/p>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u6b21\u306b47\u30da\u30fc\u30b8\u3002\u3053\u3053\u3082\u300c\u898b\u305f\u3044\u90e8\u5206\u300d\u306a\u306e\u3067\u30c1\u30e3\u30fc\u30c8\u3092\u304a\u501f\u308a\u3057\u307e\u3059\u3002\u30a4\u30f3\u30d5\u30ec\u7387\u306b\u9023\u52d5\u3057\u305f\u30b4\u30fc\u30eb\u30c9\u4fa1\u683c\u60f3\u5b9a\u3068\u3044\u3046\u3068\u3053\u308d\u304b\u306a\u3002<\/p>\n\n\n\n<p><img decoding=\"async\" loading=\"lazy\" style=\"width:100%;height:auto\" src=\"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-content\/uploads\/sites\/5\/2026\/11\/20261102_7.jpg\" alt=\"In Gold We Trust Report 2026 Chartbook\u306e47\u30da\u30fc\u30b8\"><br>\u4eee\u306b\u5b9f\u8cea\u91d1\u5229\u4e0a\u6607\u304c\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306b\u306a\u308b\u6c34\u6e96\u3067\u3042\u308c\u3070\u3001\u30b4\u30fc\u30eb\u30c9\u4fa1\u683c\u306b\u3082\u9023\u52d5\u3059\u308b\u3053\u3068\u304c\u300c\u60f3\u5b9a\u3067\u304d\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u300d\u30b0\u30e9\u30d5\u3067\u3059\u3002\u30a4\u30f3\u30d5\u30ec\u6b21\u7b2c\u30fb\u30fb\u30fb\u3068\u3044\u3046\u898b\u65b9\u3082\u3042\u308b\u610f\u5473\u3067\u3067\u304d\u305d\u3046\u3060\u3002\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306b\u6210\u529f\u3059\u308c\u3070\u30011\u30aa\u30f3\u30b93\uff0c700\u30c9\u30eb\u3068\u304b3\uff0c000\u30c9\u30eb\u3068\u3044\u3046\u300c\u898b\u65b9\u300d\u3082\u3042\u308a\u3048\u305d\u3046\u3002\u7121\u6599\u3067\u307f\u308c\u308b\u3057\u3001\u9280\u3084\u91d1\u9271\u682a\u306b\u3064\u3044\u3066\u306e\u8a18\u8f09\u3082\u3042\u308b\u306e\u3067\u3001\u30b4\u30fc\u30eb\u30c9\u6295\u8cc7\u3092\u3059\u308b\u65b9\u306f\u4e00\u898b\u306e\u4fa1\u5024\u3042\u308a\u3002\u30b5\u30a4\u30c8\u306eURL\u306f\u300c<strong><a href=\"https:\/\/www.incrementum.li\/en\/journal\/igwt-2026-chartbook\/\" target=\"_blank\" rel=\"noopener nofollow sponsored\" title=\"\u3053\u3061\u3089\">\u3053\u3061\u3089<\/a><\/strong>\u300d\u3067\u3059\u3002\u7e70\u308a\u8fd4\u3057\u307e\u3059\u304c\u3001\u79c1\u306f\u81ea\u5206\u304c\u898b\u3066\u308b\u7bc4\u56f2\u3067\u3057\u304b\u7269\u4e8b\u3092\u8003\u3048\u3066\u307e\u305b\u3093\u3002<strong>\u5c02\u9580\u5bb6\u3067\u306f\u306a\u3044\u306e\u3067\u3001\u6240\u8a6e\u305d\u3093\u306a\u3082\u3093\u3060\u3068\u601d\u3044\u306a\u304c\u3089\u81ea\u5df1\u5553\u767a\u3067\u8abf\u3079\u3066\u307e\u3059\u3002<\/strong><\/p>\n\n\n\n<div style=\"height:48px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u305d\u3093\u306a\u89b3\u70b9\u3067\u30b4\u30fc\u30eb\u30c9\u3092\u773a\u3081\u7d9a\u3051\u308b\u4e00\u65b9\u3067\u3001\u56fd\u5bb6\u50b5\u52d9\u306e\u8a71\u304c\u9032\u5c55\u3057\u3066\u306a\u3044\u306e\u3067\u3001\u7d50\u5c40\u306f\u7d99\u7d9a\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u3092\u76ee\u6307\u3059\u9053\u304c\u59a5\u5f53\u305d\u3046\u3002\u305d\u3046\u8003\u3048\u306a\u304c\u3089\u3082\u30b3\u30ed\u30b3\u30ed\u3068\u5909\u5316\u3059\u308b\u72b6\u6cc1\u3092\u773a\u3081\u3066\u307e\u3059\u304c\u3001\u591a\u304f\u306e\u56fd\u3067\u7269\u4fa1\u9ad8\u306b\u5bfe\u3059\u308b\u4e0d\u6e80\u304c\u8868\u9762\u5316\u3057\u3001\u3044\u308d\u3044\u308d\u306a\u3053\u3068\u304c\u8d77\u3053\u3063\u3066\u307e\u3059\u3002\u30a4\u30f3\u30d5\u30ec\u93ae\u9759\u5316\u3092\u3059\u308b\u305f\u3081\u306b\u53d6\u308c\u308b\u65b9\u6cd5\u306f\u6570\u5c11\u306a\u3044\u3051\u3069\u3001\u5404\u56fd\u306e\u4e2d\u592e\u9280\u884c\u306f\u3069\u3046\u52d5\u3044\u3066\u3044\u304d\u307e\u3059\u304b\u306d\uff1f\u3002\u65e5\u9280\u306e\u30ea\u30b9\u30af\u30b7\u30ca\u30ea\u30aa\u3092\u5148\u9031\u307f\u3066\u305f\u3051\u3069\u300c\u4e16\u754c\u4e2d\u3067\u5f15\u7de0\u3081\u300d\u306b\u52d5\u304f\u8a71\u3082\u3042\u308a\u307e\u3057\u305f\u3002\u5b9f\u969b\u306b\u3001\u5916\u90e8\u8981\u56e0\u306e\u5f71\u97ff\u304c\u5927\u304d\u3044\u7269\u4fa1\u9ad8\u306b\u5bfe\u3057\u3001\u5229\u4e0a\u3052\u306b\u8e0f\u307f\u5207\u308b\u56fd\u3082\u51fa\u3066\u304d\u3066\u3044\u307e\u3059\u3002\u305d\u306e\u4e00\u65b9\u3067\u666f\u6c17\u3078\u306e\u914d\u616e\u304b\u3089\u3001\u6975\u7aef\u306a\u5f15\u304d\u7de0\u3081\u306b\u306f\u8e0f\u307f\u8fbc\u3081\u306a\u3044\u611f\u3058\u3082\u3059\u308b\u3002\u4f9b\u7d66\u8981\u56e0\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u3082\u3001\u9700\u8981\u3092\u6291\u3048\u305f\u308a\u4e8c\u6b21\u7684\u306a\u7269\u4fa1\u4e0a\u6607\u6291\u3048\u305f\u308a\u3059\u308b\u3053\u3068\u306f\u53ef\u80fd\u3060\u3051\u3069\u3001\u666f\u6c17\u3084\u56fd\u306e\u5229\u6255\u3044\u306a\u3069\u3068\u3082\u95a2\u308f\u308b\u8a71\u3067\u3059\u3002\u5c1a\u3001\u56fd\u5185\u306f\u5b9f\u8cea\u91d1\u5229\u304c\u6df1\u304f\u30de\u30a4\u30ca\u30b9\u3067\u91d1\u878d\u6291\u5727\u653f\u7b56\u4e2d\u3002<\/p>\n\n\n\n<div style=\"height:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u3010\u8a71\u3092\u30b4\u30fc\u30eb\u30c9\u3078\u56de\u5e30\u3011<\/h2>\n\n\n\n<p>1970\u5e74\u4ee3\u306e\u91d1\u76f8\u5834\u3092\u52d5\u304b\u3057\u305f\u539f\u52d5\u529b\u306e\u3088\u3046\u306a\u3082\u306e\u3092\u3053\u306e5\u5e74\u306e\u76f8\u5834\u3067\u898b\u7d9a\u3051\u307e\u3057\u305f\u304c\u3001\u3055\u3066\u4eca\u5f8c\u306f\u3069\u3046\u306a\u308b\u304b\u306a\uff1f\u3002\u904e\u53bb\u306e\u91d1\u76f8\u5834\u3082\u3001\u91d1\u5229\u3060\u3051\u3067\u306f\u8aac\u660e\u3067\u304d\u306a\u3044\u3053\u3068\u3092\u5b66\u3073\u3001\u4eca\u306e\u72b6\u6cc1\u306f\u300c\u30c9\u30eb\u5b89\u3078\u306e\u5099\u3048\uff1f\u300d\u300c\u7c73\u56fd\u50b5\u3078\u306e\u8b66\u6212\uff1f\u300d\u300c\u7c73\u56fd\u306e\u91d1\u878d\u8cc7\u7523\u5168\u4f53\u304b\u3089\u306e\u9003\u907f\uff1f\u300d\u305d\u308c\u3068\u3082\u300c\u7c73\u56fd\u306e\u5b9f\u8cea\u91d1\u5229\uff1f\u300d\u3002\u3082\u3057\u3082\u5b9f\u8cea\u91d1\u5229\u306b\u53cd\u5fdc\u3059\u308b\u306a\u3089\u300c\u5b9f\u8cea\u91d1\u5229\u304c\u4f4e\u4e0b\u3059\u308b\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u304c\u4e0a\u304c\u308b\u306e\u304b\u300d\u3082\u78ba\u8a8d\u3057\u305f\u3044\u3068\u3053\u308d\u3002\u305d\u308c\u3068\u3082\u3001\u30b4\u30fc\u30eb\u30c9\u304c\u4e0a\u6607\u3059\u308b\u3088\u3046\u306a\u901a\u8ca8\u3078\u306e\u4e0d\u4fe1\u3084\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u304c\u3001\u5b9f\u8cea\u91d1\u5229\u306b\u3082\u5f71\u97ff\u3057\u3066\u3044\u308b\u306e\u304b\u3002\u5b9f\u8cea\u91d1\u5229\u306e\u4f4e\u4e0b\u304c\u30b4\u30fc\u30eb\u30c9\u4fa1\u683c\u3068\u7269\u4fa1\u3092\u4e0a\u6607\u3055\u305b\u308b\u53ef\u80fd\u6027\u3092\u773a\u3081\u3066\u308b\u3068\u3001\u8272\u3005\u3068\u8003\u3048\u3066\u3057\u307e\u3044\u307e\u3059\u304c\u3001\u4eca\u306f\u3082\u3046\u305d\u3093\u306a\u5358\u7d14\u306a\u8a71\u3067\u3082\u306a\u3055\u305d\u3046\u3067\u3059\u306d\u3002\u305d\u3082\u305d\u3082\u3001\u30c9\u30eb\u57fa\u8ef8\u3067\u898b\u308b\u304b\u3089\u300c\u30c9\u30eb\u5efa\u3066\u300d\u3068\u3044\u3046\u898b\u65b9\u304c\u5b9a\u7740\u3057\u3066\u308b\u3051\u3069\u3001\u305d\u308c\u304c\u4e00\u822c\u7684\u3067\u306a\u304f\u306a\u308c\u3070\u300c\u30c9\u30eb\u306e\u5b9f\u8cea\u91d1\u5229\u300d\u306a\u3093\u3066\u898b\u3066\u3082\u610f\u5473\u304c\u306a\u3044\u3002\u7d50\u679c\u7684\u306b\u8003\u3048\u308c\u3070\u300c\u901a\u8ca8\u306e\u4fe1\u8a8d\u300d\u3068\u3044\u3046\u8a00\u8449\u306b\u305f\u3069\u308a\u7740\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<div style=\"height:39px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u4eca\u9031\u306e\u6d41\u308c\u3092\u53d7\u3051\u3066\u3001\u539f\u6cb9\u4fa1\u683c\uff08WTI\uff09\u304c\u5c11\u3057\u4e0b\u843d\u3057\u3066\u307e\u3057\u305f\u3002\u3082\u3057\u3053\u306e\u4e0b\u843d\u304c\u7d9a\u3051\u3070\u3001\u5404\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u3084\u91d1\u5229\u306b\u5f71\u97ff\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u305d\u3046\u3002\u539f\u6cb9\u5b89\u306b\u3088\u308b\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u306e\u4f4e\u4e0b\u304c\u3001\u540d\u76ee\u91d1\u5229\u3092\u305d\u308c\u4ee5\u4e0a\u306b\u62bc\u3057\u4e0b\u3052\u3066\u5b9f\u8cea\u91d1\u5229\u3092\u5f15\u304d\u4e0b\u3052\u308b\uff08\u203b\u30b4\u30fc\u30eb\u30c9\u4e0a\u6607\u8981\u56e0\uff09\u306e\u304b\u3001\u3042\u308b\u3044\u306f\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u81ea\u4f53\u306e\u5265\u843d\u304b\u3001\u3053\u306e\u76f8\u53cd\u95a2\u4fc2\u306f\u8208\u5473\u6df1\u3044\uff01\u3002\u305d\u306e\u53cd\u9762\u3067\u3001\u5730\u653f\u5b66\u30ea\u30b9\u30af\u306e\u7de9\u548c\u3068\u3044\u3046\u89b3\u70b9\u3082\u3001\u5b89\u5168\u8cc7\u7523\u3068\u8a00\u308f\u308c\u3066\u308b\u9700\u8981\u3092\u6e1b\u3089\u3059\u53ef\u80fd\u6027\u3082\u8003\u3048\u3089\u308c\u308b\u3002\u305d\u3057\u3066\u4e2d\u592e\u9280\u884c\u306e\u5916\u8ca8\u6e96\u5099\u9ad8\u306b\u5360\u3081\u308b\u30b4\u30fc\u30eb\u30c9\u306e\u5272\u5408\uff08\u8a55\u4fa1\u984d\u30d9\u30fc\u30b9\uff09\u3078\u8996\u70b9\u3092\u5411\u3051\u308b\u3068\u3001\u9650\u754c\u3084\u30ea\u30d0\u30e9\u30f3\u30b9\u304c\u3042\u308b\u3068\u3082\u601d\u3048\u3066\u3057\u307e\u3044\u307e\u3057\u305f\u3002\u7279\u306b\u4eca\u306e\u3088\u3046\u306a\u72b6\u6cc1\u304c\u7d9a\u3051\u3070\u3001\u91d1\u878d\u5e02\u5834\u306b\u6ce2\u53ca\u3059\u308b\u53ef\u80fd\u6027\u3082\u3042\u308a\u3001\u305d\u3046\u9060\u304f\u306a\u3044\u672a\u6765\u306b\u78ba\u8a8d\u3067\u304d\u308b\u5909\u5316\u304b\u3082\u3057\u308c\u306a\u3044\u3067\u3059\u306d\u3002\u3055\u3066\uff01\u3069\u3046\u306a\u308b\uff1f\u3002<\/p>\n\n\n\n<div style=\"height:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u3010\u6700\u5f8c\u306b\u3011<\/h2>\n\n\n\n<p>\u91d1\u4fa1\u683c\u306f\u3001\u7d4c\u6e08\u7684\u306a\u5408\u7406\u6027\u3060\u3051\u3067\u306a\u304f\u3001\u6295\u8cc7\u5bb6\u306e\u671f\u5f85\u3084\u884c\u52d5\u306b\u3088\u3063\u3066\u3082\u5927\u304d\u304f\u52d5\u304f\u53ef\u80fd\u6027\u3092\u611f\u3058\u3066\u3057\u307e\u3044\u307e\u3057\u305f\u3002\u307e\uff5e\u76f8\u5834\u306f\u4eba\u306e\u611f\u60c5\u3082\u7d61\u3080\u306e\u3067\u3001\u7686\u304c\u3069\u3046\u8003\u3048\u308b\u304b\u3067\u65b9\u5411\u3082\u5b9a\u307e\u308b\u306e\u30ab\u30e2\u306d\u3002\u5148\u306e\u3053\u3068\u304c\u5206\u304b\u3063\u305f\u3089\u3001\u30db\u30f3\u30c8\u306b\u697d\u3060\u306a\uff5e\u3002\u305d\u3057\u3066\u3001\u91d1\uff08\u30b4\u30fc\u30eb\u30c9\uff09\u304c\u4e0a\u304c\u308b\u304b\u4e0b\u304c\u308b\u304b\u306f\u5225\u306e\u8a71\u3068\u3057\u3066\u3001\u751f\u6d3b\u306b\u652f\u969c\u304c\u306a\u3044\u7bc4\u56f2\u3067\u73fe\u7269\u3092\u6301\u3064\u306e\u3082\u3001\u751f\u6d3b\u9632\u885b\u306b\u5fc5\u8981\u306a\u5224\u65ad\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u300c\u4eca\u3068\u3044\u3046\u8a71\u3067\u306f\u306a\u3044\u300d\u3051\u308c\u3069\u3001\u305d\u3093\u306a\u8996\u70b9\u3078\u6700\u5f8c\u306b\u3064\u306a\u3052\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<div style=\"height:41px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u305d\u306e\u7406\u7531\u3068\u3057\u3066\u3001\u4eca\u5f8c\u306e\u300c\u5186\u300d\u306e\u884c\u65b9\u306e\u8a71\u304c\u3042\u308a\u307e\u3059\u3002IMF\u306e2026\u5e744\u6708\u306e\u65e5\u672c\u7d4c\u6e08\u5be9\u67fb\u306b\u304a\u3044\u3066\u3001\u65e5\u672c\u56fd\u50b5\u306e\u5229\u56de\u308a\u4e0a\u6607\u3084\u8ca1\u653f\u30ea\u30b9\u30af\u3078\u306e\u61f8\u5ff5\u306b\u52a0\u3048\u30012025\u5e74\u534a\u3070\u4ee5\u964d\u306e\u5186\u5b89\u306b\u3064\u3044\u3066\u3001\u5f93\u6765\u306e\u7d4c\u6e08\u8981\u56e0\u3060\u3051\u3067\u306f\u8aac\u660e\u3057\u304d\u308c\u306a\u3044\u90e8\u5206\u304c\u5927\u304d\u3044\u3068\u5206\u6790\u3055\u308c\u3066\u307e\u3057\u305f\u3002\u3082\u3057\u3001\u65e5\u672c\u56fd\u50b5\u306e\u58f2\u308a\u304c\u52a0\u901f\u3057\u3001\u91d1\u5229\u4e0a\u6607\u3068\u5186\u5b89\u304c\u540c\u6642\u306b\u9032\u3080\u3088\u3046\u306a\u4e8b\u614b\u306b\u306a\u308c\u3070\u3001\u3055\u3066\u3069\u3046\u306a\u308b\u306e\u304b\u3057\u3089\uff1f\u3002\u305d\u306e\u8cc7\u6599\u306e\u30ea\u30f3\u30af\uff08<strong><a href=\"https:\/\/www.imf.org\/-\/media\/files\/publications\/cr\/2026\/english\/1jpnea2026001.pdf?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener nofollow sponsored\" title=\"\u3053\u3061\u3089\">\u3053\u3061\u3089<\/a><\/strong>\uff09\u3092\u8cbc\u308b\u306e\u3067\u3001\u95a2\u5fc3\u3042\u308b\u65b9\u306f\u3054\u89a7\u304f\u3060\u3055\u3044\u3002\u305f\u3060\u3001\u3053\u306e\u8a71\u3068\u88cf\u8179\u306b\u3001\u3053\u3053\u6570\u65e5\u306f\u65e5\u672c\u56fd\u50b5\u3068\u30c9\u30a4\u30c4\u56fd\u50b5\u304c\u8cb7\u308f\u308c\u3066\u5229\u56de\u308a\u304c\u4f4e\u4e0b\u3057\u3066\u307e\u3059\u3002\u30ea\u30b9\u30af\u8981\u56e0\u3068\u3057\u3066\u3001\u982d\u306e\u7247\u9685\u306b\u7f6e\u3044\u3066\u304a\u304f\u3053\u3068\u306b\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<div style=\"height:48px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u305d\u3057\u3066\u3001\u3053\u306e\u8cc7\u6599\u3092\u307f\u308b\u3068\u300c\u7269\u4fa1\u3068\u8cc3\u91d1\u300d\u3092\u4e0a\u6607\u3055\u305b\u3066\u3044\u304b\u306a\u3044\u3068\u3044\u3051\u306a\u3044\u7406\u7531\u3084\u3001\u690d\u7530\u5148\u751f\u306e\u8a71\u3059\u610f\u56f3\u3084\u91cd\u8981\u6027\u304c\u7406\u89e3\u3067\u304d\u305f\u308a\u3057\u307e\u3059\u3002\u7269\u4fa1\u4e0a\u6607\u3092\u4e0a\u56de\u308b\u8cc3\u91d1\u4e0a\u6607\uff08\u203b\u5b9f\u8cea\u8cc3\u91d1\u306e\u4e0a\u6607\uff09\u304c\u5e45\u5e83\u304f\u8d77\u304d\u306a\u3044\u9650\u308a\u3001\u3053\u306e\u30b8\u30ec\u30f3\u30de\u304b\u3089\u306f\u629c\u3051\u51fa\u305b\u306a\u3044\u3002\u3060\u304b\u3089\u3001\u5e02\u5834\u539f\u7406\u304c\u304d\u3061\u3093\u3068\u50cd\u304f\u74b0\u5883\u3092\u3001\u91d1\u5229\u64cd\u4f5c\u3092\u901a\u3058\u3066\u5c11\u3057\u305a\u3064\u9020\u3063\u3066\u3044\u308b\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u3001\u3068\u3044\u3046\u65b0\u3057\u3044\u767a\u60f3\u3092\u601d\u3044\u3064\u304f\u306b\u81f3\u308a\u307e\u3059\u3002\u305d\u308c\u304c\u3001\u70ba\u66ff\u306b\u3082\u5f71\u97ff\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u306e\u3067\u3001\u65e5\u9280\u306e\u30bf\u30fc\u30df\u30ca\u30eb\u30ec\u30fc\u30c8\u304c\u3069\u3053\u306a\u306e\u304b\u3001\u3057\u3063\u304b\u308a\u3068\u773a\u3081\u3066\u305f\u3068\u3053\u308d\u3002\u9577\u3059\u304e\u308b\u306e\u3067\u3082\u3046\u7d42\u308f\u308a\u307e\u3059\u304c\u3001\u3053\u306e\u8a71\u306e\u4e2d\u5fc3\u306f\u306a\u3093\u3060\u308d\u3046\uff1f\u3002\u300c\u30b4\u30fc\u30eb\u30c9\uff1f\u300d\u300c\u65e5\u9280\uff1f\u300d\u300c\u901a\u8ca8\u30b7\u30b9\u30c6\u30e0\uff1f\u300d\u30fb\u30fb\u30fb\u601d\u3046\u304c\u307e\u307e\u306b\u4f55\u304b\u3092\u66f8\u304f\u3068\u3001\u6700\u5f8c\u306f\u4e2d\u592e\u9280\u884c\u306e\u8a71\u306b\u305f\u3069\u308a\u3064\u304d\u307e\u3059\u306d\u3002\u306a\u3093\u304b\u3001\u79c1\u3089\u3057\u3044\u6c17\u3082\u3059\u308b\u3057\u3001\u307e\uff5e\u3044\u3063\u304b\uff08\u7b11\uff09\u3002\u6587\u7ae0\u304c\u9577\u3059\u304e\u305f\u30fb\u30fb\u30fb\uff08\u203b\u53cd\u7701\uff09\u3002<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u9d2b\u539f\u8cea\u5e97\u306e\u5f1f\u3055\u3093\u3067\u3059\u3002 \u4e45\u3057\u3076\u308a\u306b\u3001\u30b4\u30fc\u30eb\u30c9\u306b\u3064\u3044\u3066\u8003\u3048\u3066\u307f\u307e\u3057\u305f\u3002\u4eca\u56de\u306f\u300c\u4f55\u304c\u4e8b\u5b9f\u306a\u306e\u304b\u300d\u3092\u77e5\u308a\u305f\u304f\u3066\u3001\u591a\u304f\u306e\u6642\u9593\u3092\u4f7f\u3063\u3066\u307e\u3059\u3002\u3044\u3064\u3082\u306e\u5922\u7269\u8a9e\u3068\u304b\u7a7a\u60f3\u5287\u5834\u3067\u306f\u306a\u304f\u3001\u898b\u305f\u8cc7\u6599\u306e\u4e00\u90e8\u306e\u30ea\u30f3\u30af\u3092\u8cbc\u3063\u3066\u3044\u304f\u306e\u3067\u3001\u8208\u5473\u304c\u3042\u308b\u65b9\u306f [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[2,17],"tags":[],"class_list":["post-11022","post","type-post","status-publish","format-standard","hentry","category-pawnshop","category-market"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/posts\/11022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/comments?post=11022"}],"version-history":[{"count":24,"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/posts\/11022\/revisions"}],"predecessor-version":[{"id":11050,"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/posts\/11022\/revisions\/11050"}],"wp:attachment":[{"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/media?parent=11022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/categories?post=11022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shigihara.co.jp\/cms\/staffblog\/wp-json\/wp\/v2\/tags?post=11022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}