新华财经：贵金属集体再上一个“台阶” 短期高波动风险或已显现

Group 1 - The core viewpoint of the articles highlights the strong performance of precious metals, particularly gold and silver, driven by factors such as continued monetary easing, geopolitical tensions, and supply chain disruptions, with gold reaching a historic high of over $4500 per ounce and silver surpassing $72 per ounce [1][2][5] - Analysts expect the bullish trend in precious metals to continue into 2026, with gold potentially reaching $5000 per ounce, supported by ongoing demand from central banks and ETFs, as well as supply shortages [2][3] - Despite the positive outlook, there are concerns about a potential market correction due to the rapid price increases in a short time frame, particularly for gold and silver, which may lead to increased volatility [2][3][5] Group 2 - The silver market is experiencing heightened volatility due to its industrial properties and low visible inventory after five years of supply shortages, which is exacerbated by the seasonal demand in December [3] - The recent surge in silver prices, where it has outpaced oil prices, has raised concerns among economists, indicating unusual market conditions that may require closer scrutiny [4] - Regulatory bodies are taking notice of the rapid price increases in precious metals, with measures being implemented in both domestic and international markets to manage risks associated with trading [4][5]