白银年内狂涨87% 比黄金还“疯” 商家卖断货代购赚欢了｜封面深镜

Core Viewpoint - The prices of gold and silver have surged significantly since October, with gold reaching $4,300 per ounce and silver gaining over 87% year-to-date, leading to increased interest and investment in silver as an alternative to gold [1][4][6]. Price Trends - As of October 17, 2023, international gold prices opened at $4,392 per ounce, marking a year-to-date increase of over 60%, while silver prices reached $54.17 per ounce, with domestic investment silver prices exceeding 12 yuan per gram [4][6]. - The price ratio of gold to silver has shifted to approximately 80:1, indicating that silver may be undervalued compared to historical averages [11]. Market Dynamics - The surge in silver prices has led to a notable increase in consumer interest, with reports of significant sales volumes, such as over 100 kilograms of silver sold in a single day by some dealers [1][6][9]. - Many gold merchants are now promoting silver products, highlighting their cost-effectiveness, as evidenced by a doubling of silver board sales in the past month [7][9]. Investment Behavior - Investors are increasingly turning to silver due to its lower entry cost and higher potential returns compared to gold, with some reporting profits of over 20,000 yuan within a week of investing in silver [6][10]. - The market is seeing a mix of industrial demand and speculative investment, which may amplify price volatility, especially as silver prices continue to rise [11][13]. Future Outlook - Analysts suggest that while silver has strong upside potential due to industrial demand and economic recovery, its price volatility and associated risks are higher than those of gold [11][13]. - The silver market is expected to benefit from increased industrial demand, particularly in the context of green energy transitions, which could further support price increases [11].