避险需求升温+实物短缺 沪银走势继续登高
Jin Tou Wang·2026-01-14 06:56

Group 1 - Silver futures are currently trading above 22,481, opening at 21,431 and reaching a high of 22,995, with a current price of 22,728, reflecting a 7.86% increase [1] - COMEX silver total inventory has decreased to approximately 437 million ounces as of January 12, with significant daily outflows of several million ounces [2] - Major silver warehouses have experienced concentrated withdrawals, leading to an exponential increase in delivery pressure [2] Group 2 - Analysts noted a rare "backwardation" in the futures market, indicating that investors are selling long-term contracts in favor of short-term contracts, showing a preference for physical metal [2] - The strong demand from the photovoltaic and AI industries is expected to make the current shortage difficult to alleviate in the short term [2] - Domestic silver sentiment is rising, with the Shanghai silver premium expanding to 2,600 yuan per kilogram, and the main contract is expected to operate within a range of 19,700 to 23,000 [2]