Xin Lang Cai Jing·2026-01-14 08:57Core Viewpoint - The A-share precious metals sector experienced a significant surge, with multiple leading stocks reaching historical highs, driven by global market dynamics and rising gold and silver prices [2][11]. Group 1: Market Performance - On January 13, the A-share precious metals index rose by 2.69%, with notable gains from stocks such as Xiaocheng Technology (up 8.52%) and Hunan Silver (up 7.64%) [5][14]. - The London gold price reached a historical high of $4630.24 per ounce on January 12, while silver peaked at $86.247 per ounce, both setting new records [2][11]. - As of January 13, London gold was priced at $4593.90 per ounce, reflecting a year-to-date increase of 6.38%, while London silver was at $85.64 per ounce, with a year-to-date rise of 19.65% [2][6]. Group 2: Investment Outlook - Multiple international investment banks have raised their forecasts, with Citigroup predicting gold could reach $5000 per ounce and silver $100 per ounce within three months under a bullish scenario [2][7]. - The current market is characterized by a "credit reconstruction" phase, influenced by geopolitical tensions, concerns over the independence of the Federal Reserve, and increased central bank gold purchases [3][12]. - Analysts suggest that while gold and silver have long-term investment value due to ongoing demand for safe-haven assets, short-term volatility risks should be monitored closely [7][16]. Group 3: Risk Management - The Chicago Mercantile Exchange announced adjustments to margin requirements for gold and silver to mitigate market volatility risks [6][15]. - The Shanghai Gold Exchange issued a risk warning, advising members to closely monitor market changes and prepare for potential volatility [6][15]. - Investment strategies should focus on asset allocation and risk management, emphasizing the importance of understanding market trends and maintaining discipline in trading [8][17].