【白银期货收评】沪银日内上涨7.25% 市场已进入情绪主导

Group 1 - The core viewpoint indicates that silver prices are experiencing significant volatility, with a notable increase in speculative trading, as evidenced by a nearly 14% daily rise and a gold-silver ratio dropping below 45, suggesting extreme market sentiment [3][7]. - On January 27, the closing price for silver futures was 28,300 yuan per kilogram, reflecting a daily increase of 7.25% with a trading volume of 1,038,738 contracts and an open interest of 310,210 contracts [1]. - The spot price for silver in Shanghai on January 27 was reported at 29,080 yuan per kilogram, indicating a premium of 780 yuan per kilogram over the futures price [3]. Group 2 - The market is entering a phase where emotional trading is dominating, leading to heightened volatility, particularly in silver, which poses risks for investors [7]. - Any signs of easing geopolitical tensions or changes in major central bank policies could trigger significant profit-taking and technical adjustments in the silver market [7]. - Investors are advised to consider substantial reductions in their positions to mitigate volatility risks associated with the current "emotional market" nature of silver [7].