贵金属狂飙：现货银价一度站上117美元，全球资金在躲什么？

Group 1 - Precious metals prices surged significantly on January 26, with silver reaching a peak increase of 14% to $117.75 per ounce before closing at approximately $108.6 per ounce, while gold and platinum also hit new highs [1][3] - Gold prices rose by 2.4% to $5111.17 per ounce, setting a historical record, and later adjusted to around $5050 per ounce [3] - The geopolitical tensions, particularly statements from Iranian officials regarding potential responses to U.S. aggression, have contributed to the strong support for gold prices amid ongoing macroeconomic uncertainties [5] Group 2 - The influx of new retail investors into the precious metals market, particularly from Asia and Europe, has driven the recent price increases, with a notable rise in physical gold and silver holdings [6] - The upcoming Federal Reserve meeting is expected to maintain interest rates, but the investigation into Fed Chair Powell by the Trump administration raises concerns about the independence of the central bank and adds uncertainty to monetary policy [6] - Analysts predict further price increases for gold, with Societe Generale forecasting a potential rise to $6000 per ounce by year-end, while Morgan Stanley sets a bullish target of $5700 per ounce [6] Group 3 - Silver prices recently surpassed the $100 mark, driven by retail investment and tight supply in the physical market, which has amplified price volatility due to silver's dual role as both an industrial and investment metal [7] - Despite the price surge, some of the largest investors are reportedly reducing their silver positions, indicating potential profit-taking amid the ongoing market rally [7] - Industrial demand for silver, which typically accounts for about 60% of annual consumption, may weaken as companies seek cheaper alternatives in manufacturing processes [7]