每日投行/机构观点梳理（2026-01-28）

Group 1: Silver and Gold Price Predictions - Citigroup raised its three-month silver price forecast to $150 per ounce from $100, citing a recent surge of over 30% in silver prices, which currently trade above $110, with potential for a further 30-40% increase in the coming weeks [1] - Goldman Sachs noted that the volatility in silver prices is expected to persist, while maintaining a significant upward risk for its year-end gold price target of $5,400 [1] - Deutsche Bank projected that gold could reach $6,000 per ounce under a weakening dollar scenario, with potential to challenge $6,900 based on past performance [2] - The Royal Bank of Canada indicated that gold's upward momentum is far from peaking, with a year-end target of $7,100 per ounce due to geopolitical instability and central bank demand [3] Group 2: Market Dynamics and Risks - HSBC highlighted that the sudden spike in U.S. interest rate volatility poses a significant risk to the bond market, although it is not expected to occur in the short term [4] - HSBC also pointed out that the attractiveness of Japanese government bonds is diminishing compared to other developed market sovereign debts, predicting a rise in long-term Japanese bond yields ahead of the upcoming elections [5] - Deutsche Bank forecasted that copper prices could peak at $13,000 per ton in Q2 due to tightening supply-demand dynamics, but may face a correction later in the year [8] Group 3: Investment Opportunities in Various Sectors - Galaxy Securities emphasized investment opportunities in commercial aerospace, military trade, and intelligent equipment, driven by high demand growth in the next five years [12] - Huatai Securities expressed optimism for household energy storage, driven by rising electricity prices and the need for efficient energy solutions [13] - CITIC Securities projected a continued weak supply-demand balance in the coal industry into 2026, but with potential for improved profitability under supportive policies [14] - CITIC Securities also noted that the price of copper-clad laminates is expected to rise, with significant room for margin improvement [15] - CITIC Securities highlighted the potential for stable sales in the liquor industry during the upcoming Spring Festival, suggesting a bottoming opportunity for investments [16] - CITIC Securities identified the commercial aerospace industry's growth as a driver for increased demand in satellite communication markets, projecting significant market growth by 2035 [17]