银价将迎来大爆发？富国银行：金银比率高企 白银相对价值处于历史低位

Group 1 - Silver is currently at historically low relative valuation compared to gold, with expectations of benefiting from improved macroeconomic conditions by 2026 [1] - Approximately 55% of silver demand comes from industrial use, compared to only 7% for gold, which has contributed to silver's underperformance amid economic concerns [1] - The gold-silver ratio is significantly above its long-term average, indicating that silver's price relative to gold is at a historical low [1] Group 2 - Historically, silver tends to outperform gold after gold prices rise, as indicated by the gold-silver ratio tracking the amount of silver needed to purchase one ounce of gold [2]