Core Viewpoint - Precious metals prices have reached new highs, driven by increased safe-haven demand and geopolitical risks, leading to a bullish year-end market outlook [1][2][4]. Group 1: Precious Metals Performance - On December 26, gold and silver prices surged, with gold futures rising by 1.11% to $4,552.7 per ounce and silver futures increasing by 7.69% to $77.196 per ounce [2]. - Platinum prices have also soared, breaking the $2,400 per ounce mark for the first time, with a weekly increase of over 22%, while palladium prices rose approximately 13% to $2,023.3 per ounce, marking a three-year high [6]. Group 2: Market Drivers - The weakening US dollar and rising geopolitical tensions, particularly related to US sanctions on Venezuela, have significantly enhanced gold's appeal as a safe-haven asset [4]. - Global silver inventories remain tight, with a continuous five-year supply-demand imbalance, reinforcing market consensus on the ongoing scarcity [8]. Group 3: Future Outlook - Many international financial institutions predict that gold prices could reach $5,000 per ounce by 2026, supported by expectations of continued loose monetary policy from the Federal Reserve and ongoing central bank gold purchases [10]. - The anticipated increase in US national debt, projected to exceed $20 trillion in 2026, alongside continued Fed rate cuts, is expected to drive funds from US Treasuries into gold and silver [12]. Group 4: Other Commodities - Copper prices have risen over 4% due to concerns about potential supply shortages, reinforcing its status as an economic indicator [16].
金价、银价,都爆了!
中国能源报·2025-12-28 04:23