深夜拉升!全线暴涨!
证券时报·2025-12-30 14:10

Core Viewpoint - The silver market experienced a significant rebound on December 30, with London silver rising nearly 6%, COMEX silver increasing over 8%, and Shanghai silver futures up more than 5% after a sharp decline the previous day [1][4]. Market Performance - On December 29, silver and other precious metals faced a substantial drop, with COMEX silver futures plummeting 7.2% and spot silver falling over 9% [4]. - The latest trading data shows that London silver reached a high of 76.536, marking a 6.10% increase, while COMEX silver opened at 76.260, up 8.23% from the previous day [2][3]. Margin Changes - The Chicago Mercantile Exchange announced an increase in trading margins for metals, with silver futures margin raised by approximately 13.6%, contributing to the price declines observed on December 29 [5]. Supply and Demand Outlook - The Silver Institute forecasts a supply-demand gap exceeding 100 million ounces in the global silver market by 2025, indicating a continued supply shortage for the fifth consecutive year [6]. - As of December 26, 2025, the largest silver ETF, SLV, reported a holding of 16,400 tons, reflecting a 2% week-over-week increase [6]. Future Price Predictions - Optimistic analysts, including Peter Schiff, predict that silver prices could exceed $100 per ounce next year, while others suggest that the sustainability of price increases will depend on the role of gold and silver in global investment portfolios [7]. - UBS warns that the rapid rise in precious metal prices may be unsustainable due to insufficient market liquidity, suggesting a potential decline in silver prices to around $42 per ounce by the end of next year [8]. Current Trends - The current market dynamics indicate that silver is outperforming gold, with significant volatility and potential for further price increases, although caution is advised for short-term investors [8].

深夜拉升!全线暴涨! - Reportify