Core Viewpoint - Silver prices have reached a new high, with spot silver surpassing $57 per ounce and domestic silver futures breaking through 13,000 yuan per kilogram, marking a significant increase of over 90% this year, outperforming gold as the strongest precious metal of the year [1] Group 1: Price Movements - On December 1, spot silver prices first exceeded $57 per ounce [1] - Domestic silver futures main contract prices also crossed the 13,000 yuan per kilogram mark [1] - Year-to-date silver price increase has surpassed 90%, significantly outperforming gold [1] Group 2: Contributing Factors - The expectation of a Federal Reserve interest rate cut in December has risen to 80%, providing strong support for precious metals [1] - A weakening U.S. dollar index has further exacerbated the upward trend in silver prices [1] - Technical issues with the CME trading system have led to increased market volatility [1] Group 3: Market Analysis - The current gold-silver ratio is approximately 75:1, indicating that silver is still undervalued relative to gold [1] - Bank of America has recently raised its silver price target for 2026 to $65 per ounce [1]
半两财经|年内暴涨90%,白银价格再创新高
Sou Hu Cai Jing·2025-12-01 13:55