Group 1 - Silver prices surged on December 29, approaching $84 per ounce, driven by a spike in Asian investment demand, but experienced a sharp reversal shortly after [2] - The premium for Shanghai spot silver exceeded $8 per ounce over the London benchmark, marking the largest recorded price difference [2] - The global silver market has been in a structural deficit for five consecutive years, with physical inventories rapidly depleting and significant declines in stock levels at major exchanges [2] Group 2 - Global silver demand reached 1.24 billion ounces, while supply was only 1.01 billion ounces, indicating a supply gap of 100 to 250 million ounces [2] - The core reason for the supply-demand imbalance is the rigidity of global mining supply, as silver is primarily a byproduct of copper and zinc mining, and new mines typically take over 10 years to develop [2] - The increase in recycling is insufficient to fill the supply gap, leaving the supply side weak in the face of rising demand [2] Group 3 - London silver prices rose during early trading, attempting to find a low point to gain bullish momentum for recovery, supported by dynamic support above the EMA50 [3] - Positive signals from the relative strength index indicate a dominant bullish trend, with signs of divergence beginning to emerge after reaching oversold levels [3]
白银处结构性赤字状态 伦敦银多头动能回升
Jin Tou Wang·2025-12-30 06:31