白银价格继续下挫 在剧烈震荡中抹去年内涨幅

Core Viewpoint - Silver prices continue to decline following a 20% drop on February 5, driven by insufficient liquidity leading to significant price volatility, and are still in the process of finding a bottom [1] Group 1: Price Movements - Spot silver fell to a low of $64 per ounce during Asian trading, representing a decline of over 40% from the historical high reached on January 29 [1] - Silver's price volatility has reached its highest level since 1980, exacerbated by reduced speculative trading and off-exchange volumes [1] Group 2: Market Dynamics - The small market size and low liquidity of silver typically result in more severe price fluctuations compared to gold [1] - Market makers tend to widen bid-ask spreads and reduce balance sheet usage during heightened volatility, leading to weaker liquidity when it is most needed [1] Group 3: Influencing Factors - The recent bull market for precious metals accelerated in January, driven by increased geopolitical risks, concerns over the independence of the Federal Reserve, and speculative buying from China [1] - As of 08:38 Singapore time, spot silver was down 2.8% to $68.9640 per ounce, while gold decreased by 0.7% to $4,745.27 per ounce [1]