金银连创单日最大跌幅 加密市场一周蒸发超7000亿美元 专家：中长期核心逻辑未变

Core Viewpoint - The global commodity market, particularly gold and silver, has experienced extreme volatility in early 2026, driven by investor sentiment rather than fundamental changes in supply and demand [1] Group 1: Market Performance - After the Federal Reserve's January meeting, gold prices surged to nearly $5,600 per ounce and silver prices reached $121.647 per ounce, both hitting historical highs [1] - However, on January 30, London gold saw its largest single-day drop in 40 years, and on January 31, spot silver experienced a single-day decline exceeding 35%, marking its largest drop ever [1] Group 2: Investor Behavior - Amid the market fluctuations, some investors queued at physical gold stores to sell their gold, while others faced significant losses from investing in silver funds at peak prices [1] - A private equity investor focused on precious metals noted that the fundamental conditions for precious metals had not changed significantly in the past couple of months, indicating that the price volatility was primarily due to drastic shifts in investor sentiment [1] Group 3: Market Analysis - Liu Shiyao, a precious metals researcher at Zijin Tianfeng Futures, stated that the supply-demand fundamentals and overall macro environment for precious metals had not shown substantial changes to justify the recent sharp declines [1] - The current emotional sell-off in the market presents a window for rational investors to reassess their positions, suggesting that once market panic subsides and stability returns, investors may consider gradually positioning themselves to seize quality opportunities under unchanged core long-term logic [1]