白银库存水平低于安全线 沪银“疯涨”超三千元

Group 1 - The core viewpoint is that the demand from sectors like photovoltaics and renewable energy provides strong medium to long-term support for silver prices, while short-term supply tensions and risk aversion will not change the upward trend in silver prices [1] - Silver futures are currently trading above 26,840, having opened at 25,228 per kilogram, and have seen a rise of 13.21%, with a high of 28,226 and a low of 24,880 [1] - The silver inventory in global core delivery warehouses, such as those managed by the London Bullion Market Association (LBMA), has decreased by approximately 75% compared to its peak in 2019, with total visible inventory only able to meet about 1.2 months of global consumption [1] Group 2 - The silver price has increased by over 50% this month, potentially marking the best monthly performance since December 1979 [2] - The main silver futures contract in Shanghai has surged by 14.00%, with the MACD trend line above the zero axis, indicating continued significant price increases [3] - The premium for Shanghai silver has expanded to 3,000 per gram, reflecting a resurgence in domestic market sentiment [3]