逼空退潮还是牛市回调？白银创新高后暴跌8.7% 录得自1980年来最大单日美元跌幅

Group 1 - Silver prices experienced a significant drop after reaching a historical high, raising concerns about the sustainability of the recent price surge [1] - The most active silver futures contract closed at $70.46 per ounce, marking an 8.7% decline, the largest single-day dollar drop since January 22, 1980 [1] - Gold prices also fell over 4%, closing at $4,330, following a day when silver hit a record closing high [1] Group 2 - The recent decline in silver prices is attributed to increased margin requirements set by the Chicago Mercantile Exchange (CME), which raised the capital needed to trade precious metals [2] - Analysts suggest that the current market volatility is exacerbated by a shift towards speculative trading among Western investors, who are moving from gold to silver [2] - Despite the sharp short-term correction, some analysts view it as a healthy adjustment rather than a reversal of the long-term bullish trend [2][3] Group 3 - Silver is recognized not only as an investment asset but also as a critical industrial metal, with strong demand in sectors like renewable energy and artificial intelligence [3] - The recent volatility in silver prices is seen as a result of a combination of short-squeeze dynamics in the futures and options markets [3] - Overall market sentiment for risk assets has cooled, as evidenced by declines in major U.S. stock indices and Bitcoin [3]