Group 1 - Silver futures are currently trading above 20526, with a significant increase of 8.67% from an opening price of 19500, reaching a high of 21050 and a low of 18850, indicating a short-term oscillating trend [1] - Reports suggest that COMEX may face a silver delivery crisis as registered silver reserves have dropped to 103 million ounces, while the open interest stands at 429 million contracts, indicating potential delivery default risks if 25% of contracts demand physical delivery [2] - The domestic silver fund "Guotou Silver LOF" has opened its trading limit after five consecutive days of decline, showing a price increase of 6.26% and a trading volume nearing 2.2 billion, indicating potential bottom-fishing activity [2] Group 2 - The Shanghai silver market has shown signs of a bullish reversal, closing above 20000 after establishing a bottom at 17230, with expectations of significant upward movement targeting 25000 [3] - The premium for Shanghai silver has narrowed to 1300 yuan per kilogram, reflecting a rapid cooling of domestic sentiment, while silver prices are expected to stabilize and recover [3] - The main contract for Shanghai silver is projected to operate within a range of 18500-21000, indicating high volatility at elevated price levels [3]
COMEX或面临交割危机 沪银重登20000关口
Jin Tou Wang·2026-02-09 07:16