分析师：地缘风险支撑金银价格 但警惕银价已进入高位博弈

Core Viewpoint - Gold and silver prices have surged to new highs, with spot gold rising approximately 1.4% to over $4,730 per ounce, significantly up from around $4,300 at the beginning of the year and $2,600 a year ago. Spot silver also showed strength, surpassing $95 per ounce, up from about $72 at the start of the year and $30 a year ago [1]. Group 1 - The current geopolitical turmoil has made precious metals a preferred asset for investors [1]. - Analysts suggest that the rise in silver prices may face a ceiling around $95 per ounce, indicating potential limitations in further increases [1]. - The bond market sell-off could trigger economic concerns, with silver being more closely tied to the global economic cycle compared to gold [1]. Group 2 - Future commodity prices and financial market trends will largely depend on upcoming policy actions from Trump, who is expected to prioritize U.S. interests, potentially leading to trade disruptions and heightened tensions in transatlantic relations [1]. - The current deadlock in negotiations between the U.S. and Europe presents a challenging outlook, contributing to ongoing investor anxiety [1].