2025年以来银价变化回顾

Core Viewpoint - Silver prices have surged significantly in 2025, driven by increased safe-haven demand and bullish technical indicators, reaching historical highs before experiencing volatility [1] Price Movements - On December 28, silver futures on the New York Commodity Exchange surpassed $80 per ounce for the first time, hitting a peak of $83, representing an increase of over 175% compared to the beginning of the year [1] - Following the peak, silver prices retreated below $80 per ounce, while London spot silver prices also briefly exceeded $80 [1] Historical Context - The year began with silver spot prices around $29.50 per ounce, which began a steady rise in March [1] - A significant drop occurred in early April when U.S. President Trump announced large-scale tariff measures, causing prices to fall back to the critical support level near $29.50 [1] - By early September, silver prices climbed back to $41 per ounce, marking the start of a bull market for silver in 2025 [1] Future Predictions - Some industry experts predict further increases in silver prices for 2026, while others caution about potential sharp declines [1] - TD Securities believes that the London silver market has replenished its inventory lost over the past year, forecasting a price drop to around $40 per ounce in the coming year [1] - Montreal Bank anticipates an average silver price of $56.3 per ounce for 2026 [1]