贵金属价格持续上涨，白银日内涨超3%

Core Viewpoint - Precious metal prices are on the rise, with silver surpassing $82 per ounce and gold exceeding $4560 per ounce, indicating a bullish trend in the market [2] Group 1: Market Performance - As of January 12, silver prices increased by over 3% within the day, while gold prices rose by more than 1% [2] - The current price levels for silver and gold suggest a significant upward movement, with silver showing a more volatile nature compared to gold [2] Group 2: Future Outlook - Goldman Sachs predicts that silver will continue to experience high volatility and uncertainty, lacking the demand support from global central bank reserves that gold enjoys [2] - The forecast indicates that while silver prices are expected to rise, the fluctuations will be significantly higher than those of gold [2] Group 3: Expert Insights - At the 2026 China Chief Economist Forum, Hong Hao, Partner and Chief Investment Officer at Lianhua Asset, expressed that silver prices have not yet reached their peak, suggesting that $80 is not the end point [2] - He noted that if gold maintains a fair price of $4500, the current ratios of gold to silver, gold to copper, and gold to oil are still at historical lows, indicating potential for further increases in other base metals [2] - From an inflation-adjusted perspective, both nominal and real prices of silver have reached new historical highs, reinforcing the notion that "new highs are for buying," which serves as an important reference for investors [2]