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花旗:在周期性和结构性因素的推动下,金银可能延续上行趋势
Ge Long Hui·2025-09-30 06:17

Core Viewpoint - Citigroup research indicates that both gold and silver are likely to continue their upward trends due to cyclical and structural factors [1] Group 1: Structural Factors - Concerns regarding U.S. debt, the status of the U.S. dollar as a reserve currency, and the independence of the Federal Reserve are identified as structural drivers [1] Group 2: Cyclical Factors - Ongoing weakness in the U.S. labor market, worries about tariff impacts, and broader global economic growth concerns are noted as cyclical supportive factors [1] Group 3: Silver Market Dynamics - The silver market is experiencing a persistent physical shortage driven by strong demand in the solar photovoltaic sector [1] Group 4: Price Forecast Adjustments - Citigroup has raised its three-month forecast for gold from $3,800 per ounce to $4,000 per ounce and for silver from $45.00 per ounce to $55.00 per ounce [1]