供应端短缺博弈仍将继续 沪银期货维持涨势八连阳
Jin Tou Wang·2025-12-03 06:04

Core Viewpoint - The silver futures market is experiencing a significant upward trend, with the main contract reaching a peak of 13,866.00 yuan and currently trading at 13,797.00 yuan, reflecting a 2.26% increase [1]. Group 1: Market Analysis - Dongwu Futures predicts that silver will maintain an upward trend due to factors such as trade policy uncertainty and the onset of interest rate cuts [2]. - Dayue Futures notes that the silver price has upward momentum, supported by a recovering futures structure and strong demand in the Japanese bond auction, despite limited actual supply shortages [3]. - Nanhua Futures indicates that the price of precious metals is expected to continue rising, driven by central bank gold purchases and increased investment demand, with silver recently reaching new highs [3]. Group 2: Price Dynamics - The premium for Shanghai silver has expanded to 420 yuan per gram, indicating strong domestic sentiment [3]. - The short-term release of demand and low inventory levels are expected to increase price elasticity, with London silver targets raised to 65 after breaking the 55 mark [3]. - Resistance levels for London gold are identified at 4,250 and strong resistance at 4,400, with support at 4,000 [3].