再次见证历史！白银狂飙，又创新高

Core Viewpoint - Silver prices are reaching new historical highs, with spot silver prices surpassing $90 per ounce and closing at $91.05 per ounce, marking a 4.76% increase [1]. Group 1: Silver Market Performance - The main silver futures contract in Shanghai has risen over 7%, with a year-to-date increase exceeding 30% [3]. - Specific futures contracts show significant gains, with the Shanghai silver 2601 contract at 22,850, up 1,658 (7.82%) year-to-date [4]. - The total market capitalization of silver has surpassed $5 trillion, exceeding the market cap of chip giant Nvidia at $4.52 trillion [4]. Group 2: Broader Precious Metals Market - On January 14, other precious metals such as gold and platinum also experienced significant price increases [5]. - Citigroup analysts have raised their price forecasts for gold and silver to $5,000 and $100 per ounce, respectively, over the next three months [6]. Group 3: Market Drivers - The rise in precious metal prices is attributed to U.S. inflation data reinforcing expectations for Federal Reserve rate cuts, alongside ongoing geopolitical and economic uncertainties driving safe-haven demand [6]. - The U.S. core consumer price index for December 2025 rose by 0.2% month-on-month and 2.6% year-on-year, slightly below market expectations, which has bolstered investor bets on a shift in monetary policy [6]. - Recent asset allocation trends since 2022 have positioned gold and silver as "gold-like" assets, with financial attributes driving their pricing [6].