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全球白银供需缺口明显,未来银价怎么走?业内人士分析→
Sou Hu Cai Jing·2025-09-23 10:24

Core Viewpoint - Silver prices have reached over $43.50 per ounce, marking the highest level since August 2011, driven by supply-demand imbalances and shifts in investment preferences [1] Group 1: Silver Price Dynamics - Silver's price increase is attributed to a significant supply-demand gap, estimated at approximately 4,000 tons, where global silver production is less than consumption [5] - The gold-silver ratio has attracted funds from gold to silver, as the ratio reached historical highs, indicating that silver is undervalued [5] - The historical average of the gold-silver ratio is between 60-80, currently sitting between 80-90, suggesting that the ratio remains relatively high [7] Group 2: Silver Demand Composition - According to the World Silver Association, the demand for silver in 2024 is projected to be distributed as follows: 58% for industrial use, 18% for jewelry, and 16% for investment [3]