全球秩序重塑叙事未发生逆转 沪银主力合约跌停

Group 1 - The domestic precious metals sector faced significant losses on February 2, with the main contract for silver futures hitting the limit down [1] - Dongwu Futures believes that the short-term adjustment does not alter the long-term upward trend, and the fundamental drivers for the long-term rise in precious metals have not experienced a substantial reversal [1] - Guotou Anxin Futures points out that the nomination of Kevin Warsh as the new Federal Reserve Chairman by Trump triggered the sell-off, but the main factor is the accumulation of risks from previous excessive gains [1] Group 2 - Jinrui Futures indicates a short-term bearish outlook (1-2 weeks) and warns of liquidity risks, while the medium-term outlook (1-3 months) suggests that if the Federal Reserve resumes rate cuts or geopolitical tensions escalate, silver prices may recover [1] - The market is advised to avoid blind bottom-fishing and to be cautious of extreme volatility [1]