ZFX山海证券:白银波动如加密资产

Group 1 - Recent silver price volatility has shown characteristics similar to Bitcoin, influenced by expectations of interest rate cuts and changes in industrial demand [1][2] - Silver experienced extreme volatility over the weekend, with rapid price increases and decreases indicating heightened speculative activity and investor sentiment fluctuations [1][2] - On Sunday, silver prices reached approximately $84, while gold prices rose to about $4530, reflecting significant market sensitivity to interest rate changes and the dollar's performance [3][4] Group 2 - The volatility in silver prices was particularly pronounced within a short time frame, with a 6% increase to $83.75 within 20 minutes, followed by a drop to $75.15, representing a loss of about 10% [3][4] - The anticipated appointment of a new Federal Reserve chair in 2026 is expected to lead to substantial interest rate cuts, which could drive more funds into the precious metals market [4] - Silver's industrial demand remains robust, with applications in electronics, photovoltaic devices, and medical equipment, providing a solid fundamental support for its price [4]