突然大涨！价格创历史新高，涨幅远超黄金

Group 1 - The core viewpoint of the articles highlights that silver prices have reached a historic high, surpassing $57 per ounce, with a year-to-date increase of over 90%, significantly outperforming gold [1][3] - The market's expectation of a Federal Reserve interest rate cut has provided strong support for silver and the entire precious metals market, with an 87.4% probability of a 25 basis point cut in December [1] - The potential appointment of a dovish candidate, Harker, as the next Federal Reserve Chair has further bolstered market confidence in a low-interest-rate environment [1] Group 2 - On the supply and demand side, a decline in silver production has led to a persistent supply shortage, with global exchange silver inventories at nearly a decade low [3] - Industrial demand for silver, particularly from sectors like photovoltaics and electric vehicles, continues to grow, exacerbating the tightness in the spot market [3] - The short-term leasing rates for silver have surged, indicating a shortage of silver supply in the market [3] Group 3 - The current gold-to-silver price ratio is approximately 75:1, significantly higher than the historical average of 60:1 over the past two decades, suggesting that silver is relatively undervalued within the precious metals sector [3] - Bank of America has raised its silver price target for 2026 to $65 per ounce, reflecting a bullish outlook on silver prices [3]