Core Viewpoint - Silver prices have significantly increased this year, surpassing traditional safe-haven asset gold, driven by cultural and festive consumption, strong industrial demand, and ongoing supply constraints [1] Group 1: Demand Factors - India, the largest silver-consuming country, has seen a surge in demand this year [1] - Industrial applications of silver represent a major structural factor contributing to its price increase [1] Group 2: Supply Factors - Global silver mine production has been declining over the past decade, with only about 28% of global silver production coming from primary silver mines; the majority is a byproduct of copper or gold mining [1] Group 3: Future Outlook - BNP Paribas forecasts that silver prices could reach $100 per ounce by the end of next year [1]
法巴银行预测:白银明年年底可能会达到100美元