金、银价格强势上涨 昆明市场顾客购买热情高涨

Group 1 - The gold and silver markets experienced a strong rally, with domestic spot gold reaching a historical high of 1055.47 yuan per gram, up 1.03% on January 20, and spot silver rising to 21.1 yuan per gram, up 0.88% on the same day [1][3] - Year-to-date, spot gold has increased by 84.01 yuan per gram, while spot silver has risen by 4.11 yuan per gram [1] - Domestic gold jewelry prices have also surged, with multiple brands pricing gold jewelry above 1450 yuan per gram, indicating a significant market response to rising gold and silver prices [1] Group 2 - The substantial increase in gold and silver prices is attributed to multiple factors, including geopolitical tensions, U.S. tariffs on European countries, and rising market risk aversion, making gold and silver attractive as safe-haven assets [3] - The Federal Reserve's ongoing rate-cutting cycle and expectations for multiple rate cuts this year have lowered the opportunity cost of holding gold, further supporting its price [3] - The demand for silver is particularly strong, driven by its use in photovoltaic applications, electric vehicles, 5G infrastructure, and AI data centers, while supply responses remain slow [6] Group 3 - Retail demand for gold has increased by approximately 20% in recent weeks, with consumers rushing to purchase gold jewelry amid rising prices [9] - Some consumers are adjusting their purchasing plans due to price increases, opting for lighter-weight items or those with better cost-performance ratios [9] - In the Shenzhen Shui Bei jewelry market, businesses are facing rising raw material costs, prompting them to adjust their strategies by focusing on popular classic styles and increasing the production of silver jewelry to maintain profit margins [10] Group 4 - Multiple institutions express a long-term bullish outlook on gold and silver prices, citing ongoing geopolitical risks and the Federal Reserve's policies as supportive factors [10] - Short-term risks include potential volatility in silver prices due to its dual financial and industrial roles, while gold is expected to remain relatively stable despite being at historical highs [11]