金银大涨，委内瑞拉之后“人人自危” 避险情绪升温

Group 1 - The arrest of Venezuelan leader Maduro has heightened risk aversion among investors, leading to a surge in demand for precious metals [1][5] - The recent fluctuations in commodity prices indicate a "metal war," with countries competing to secure key resources for the accelerating AI race [3] - Venezuela possesses significant gold and copper resources, which are now under increased scrutiny from the U.S. as it aims to control these assets [3] Group 2 - On Monday, safe-haven funds flowed into the precious metals market, with spot gold surpassing $4,400 and silver prices rising by 5%, with a peak increase of nearly 10% during the day [4] - Central banks have significantly increased their gold purchases in recent years, particularly after the Russia-Ukraine conflict in 2022, reflecting heightened concerns over asset security [5] - The recent surge in silver and copper prices is attributed to their designation as critical minerals by the U.S., emphasizing their importance to the economy and national security [5] Group 3 - Approximately 60% of global silver is used for industrial purposes, which enhances its strategic position in the AI race and energy transition [5] - A recent supply shortage has led to a nearly 45% spike in spot silver prices over the past month, indicating strong market dynamics [5] - The competition for key minerals is reshaping the commodity market landscape, necessitating close monitoring of resource nationalism's impact on supply chains and prices [5]