Core Viewpoint - The significant increase in silver prices in China has attracted investor attention, with prices rising from 12,000 yuan/kg to 18,000 yuan/kg, marking a 50% increase, despite a notable pullback on December 29 [1][4]. Price Trends - As of December 29, the price of silver in Shenzhen reached 18.812 yuan/gram, reflecting the overall surge in silver prices [1]. - The London silver price saw an increase of nearly 160% over the year, significantly outpacing gold's performance [4][12]. Supply and Demand Dynamics - There is a notable shortage of silver bars, with sellers reporting that factories are not accepting new orders due to high demand [3][6]. - The silver market is experiencing a supply crunch, with some sellers unable to fulfill orders, leading to a competitive environment for purchasing silver bars [6][8]. Market Behavior - The silver jewelry market has seen increased interest, with new silver jewelry sections being established in major trading centers, although foot traffic remains lower compared to gold markets [8][9]. - Some sellers are implementing deposit systems for silver bar purchases due to high demand and limited supply [6][10]. Pricing Structure - The current selling price for silver bars includes additional processing fees, which can vary significantly among sellers, affecting the overall cost for consumers [10]. - The recovery price for silver is typically lower than the market price, reflecting the narrow profit margins in the silver market [11]. Market Influences - The recent surge in silver prices is attributed to a combination of factors, including a return of silver's financial attributes, increased industrial demand, and shifts in market sentiment [12][13]. - Industrial demand for silver, particularly from the electronics and photovoltaic sectors, is expected to remain a long-term support for silver prices, with industrial usage accounting for over 50% of total demand [13].
银价年内涨近160%,记者走访深圳水贝:投资银条供不应求,有银条加工费约占售价21%
Mei Ri Jing Ji Xin Wen·2025-12-30 13:36