历史新高！金价突破4600美元，银价同步飙升，涨势能否持续？

Group 1 - The core viewpoint of the articles highlights a historic breakthrough in the international precious metals market, with spot gold prices reaching $4600 per ounce and silver prices also hitting record highs due to multiple factors including weak U.S. employment data and rising geopolitical tensions [1][2] - The weak U.S. non-farm payroll data for December 2025, which showed an addition of only 50,000 jobs, has strengthened market expectations for continued interest rate cuts by the Federal Reserve, enhancing the attractiveness of gold as it does not yield interest [1][2] - Geopolitical tensions, particularly in regions like U.S.-Venezuela relations, have increased market risk aversion, prompting investors to allocate more to traditional safe-haven assets like gold [1][2] Group 2 - The silver market has shown greater volatility compared to gold, with analysts noting that silver lacks the demand support from global central bank reserves, making its price more sensitive to market liquidity [1][2] - The upcoming annual weight rebalancing of major commodity indices, such as the Bloomberg Commodity Index, may require the sale of approximately $5 billion worth of gold and silver positions, potentially exerting short-term price pressure [2] - The World Gold Council forecasts a potential price increase of 15% to 30% for gold in 2026, building on its strong performance in 2025, while emphasizing the importance of monitoring central bank purchases, dollar exchange rates, and global risk events [2]