专家：白银价格或见顶 白银下跌或持续至四季度

Core Viewpoint - Experts suggest that silver prices may have peaked and could continue to decline until the fourth quarter of this year [1][4] Market Performance - On February 2, spot silver experienced a daily drop of 12%, reaching $74.14 per ounce, while NYMEX silver futures fell over 5%, currently at $74.40 per ounce [1][4] Fund Activity - The Guotou Silver LOF has triggered temporary suspension mechanisms multiple times due to significant premium pricing in the secondary market over the past six months [1][4] - From December 2025 to February 2026, the Guotou Silver LOF has been suspended over 25 times, with a particularly high frequency in January [1][4] Price Discrepancy - The suspensions are primarily due to a severe divergence between the fund's secondary market price and its net asset value [1][4] - Despite over 30 risk warnings issued by the fund company to cool down the market, speculative trading enthusiasm remains high [1][4] Future Outlook - Short-term overselling may attract some bargain hunters, but the long-term trend indicates that silver prices are showing initial signs of having peaked [1][4] - A continued price correction or downward trend is anticipated to persist until the fourth quarter of this year [1][4]