有色金属涨幅领跑市场！年内白银大涨30%，多家机构上调目标价

Core Viewpoint - The article highlights the significant price increases in precious metals, particularly platinum and silver, with a strong performance across nearly all non-ferrous metals, driven by investment demand and market conditions [1][2][3][4]. Group 1: Precious Metals Performance - Platinum has seen a price increase of over 57% this year, while silver has risen by 30%, reaching a 14-year high [2][4]. - Investment in silver products, such as silver bars and coins, has surged, leading to a continuous increase in silver ETF shares [3][4]. - Citigroup has raised its price forecasts for silver and platinum, projecting silver to reach $40 per ounce in the next three months and $43 in the next 6-12 months [4]. Group 2: Market Trends and Demand - The non-ferrous metals sector has outperformed other industries, with a year-to-date increase of 19.54%, leading all 31 sectors in the Shenwan classification [3][6]. - The demand for silver is primarily driven by investment, which has a positive correlation with silver prices, indicating a significant "amplifying" effect during a silver bull market [5]. - The World Gold Council suggests that geopolitical tensions and economic downturns could further increase demand for gold, potentially raising its price by 10%-15% [4]. Group 3: Broader Non-Ferrous Metals Market - All sub-sectors within the non-ferrous metals industry have experienced price increases, with the precious metals sector leading at a 36.74% rise [6][7]. - The energy metals sector has seen a 12.69% increase, while the industrial metals sector has risen by 16.78% [7]. - Analysts emphasize the importance of considering long-term supply chain and national defense needs in the context of political risk premiums affecting strategic metals [7].