Group 1 - Silver futures are currently trading above 13433, with a reported increase of 3.15% to 13514 per kilogram, reaching a high of 13787 and a low of 13303 during the day [1] - Shanghai Futures Exchange silver inventory has dropped to its lowest level in nearly a decade, with China exporting approximately 660 tons of silver to London in October, easing supply tensions in the London market [2] - Analysts note a significant proportion of open contracts seeking physical delivery at the CME, indicating potential market pressure, although the relationship between delivery notices and registered inventory changes is complex [2] Group 2 - Retail investors are identified as a key driving force in the silver market, with their demand likened to a "giant war machine" that could become unstoppable if they decide to hold silver [2] - Global silver mining supply is struggling to grow, with some producers reporting year-on-year declines in output, while silver recycling remains relatively stable [2] - This overall market condition may lead to a potential supply-demand imbalance, which, if persistent, could exacerbate future price volatility [2] Group 3 - The recent trading day saw silver futures reach a high of 13766, with expectations of potential adjustments and a focus on the 13000 level for further bearish signals [3] - The main contract for silver is expected to operate within a range of 13380 to 13900 [3]
库存危机+供应问题并现 沪银继续高位震荡
Jin Tou Wang·2025-12-02 07:12