白银，又跳水了！

Market Performance - The U.S. stock market closed lower on the last trading day of 2025, with the Dow Jones down 0.63% at 48,063.29 points, the Nasdaq down 0.76% at 23,241.99 points, and the S&P 500 down 0.74% at 6,845.50 points [4] - For the year, the U.S. stock market recorded double-digit growth for the third consecutive year, with the Nasdaq up 20.36%, the S&P 500 up 16.39%, and the Dow Jones up 12.98% [6][3] Sector Performance - Major tech stocks showed overall gains in 2025, with Google up approximately 66%, Nvidia up about 39%, Apple up over 9%, Microsoft up over 15%, Meta up over 13%, Tesla up over 11%, and Netflix and Amazon both up over 5% [6] - The Nasdaq China Golden Dragon Index closed down 1.13% but had an annual increase of 11.33%. Notable performances included Alibaba up over 75%, NetEase up over 58%, and Baidu up nearly 55% [6] Silver Market Dynamics - Silver prices experienced significant volatility, with London spot silver dropping over 8% from around $76 per ounce to approximately $70 per ounce. COMEX silver futures fell nearly 9%, with prices dipping below $70 per ounce [8][7] - In 2025, COMEX silver futures rose over 128%, while London spot silver increased over 147%, marking the largest annual gains since 1979 for both gold and silver [11]