白银迎来“牛市”行情 伦敦银站稳60大关

Group 1 - The core viewpoint is that silver prices are experiencing a bullish trend due to multiple factors, including industrial demand and monetary policy expectations [1][2][3][4] Group 2 - Global supply chain bottlenecks have eased but are not fully resolved, impacting silver supply dynamics [2] - Emerging industries such as photovoltaics, electric vehicles, 5G, and artificial intelligence are driving industrial demand for silver, which constitutes a significant portion of total silver demand [2] - The Federal Reserve's anticipated interest rate cuts and rising geopolitical risks have increased investor demand for precious metals as a hedge against inflation [2][3] Group 3 - Global silver supply is projected to be approximately 813 million ounces in 2025, remaining roughly stable year-on-year, with a slight increase in recycled supply [3] - Total global silver demand is expected to decline by about 4% to 1.12 billion ounces, with industrial demand decreasing by approximately 2% [3] - Market expectations for a 25 basis point rate cut by the Federal Reserve in December exceed 85%, which would enhance the attractiveness of holding silver [3] Group 4 - London silver prices have shown significant upward movement, reaching resistance levels around $61.50, indicating a dominant bullish trend [4] - The trend is supported by trading above the EMA50, which represents dynamic support [4] - However, the relative strength index shows negative overlapping signals, suggesting potential limitations on further price increases [4]