【#银价暴涨一度创纪录# 分析称#白银极度缺货#】当地时间5日，受投资者对美联储降息前景持乐观态 度、白银ETF持仓增量等因素推动，国际白银价格显著上涨。伦敦现货白银价格盘中一度突破每盎司 59.33美元，刷新历史纪录。业内认为，白银价格持续走高，是因为全球性白银库存下降，导致现货市 场出现明显的供应趋紧。分析师表示，国外白银极度缺货，现在是在一个囤货的阶段。同时，分析师指 出，短期追高会加剧投资风险，应注意理性投资。12月5日，在深圳水贝市场，大屏上显示白银实时零 售价格是16.4元每克，接近今年最高位。一家银饰品的档口内，负责人告诉记者，白银价格的上涨对于 银饰品的销售影响较小，卖得好的产品依然销量不错，客户更关注款式。#白银价格飙涨# 来源：@央视财经微博 ...

钛媒体App 12月6日消息，受投资者对美联储降息前景持乐观态度、白银ETF持仓增量等因素推动，当 地时间12月5日，国际白银价格显著上涨。伦敦现货白银价格盘中一度突破每盎司59.33美元，刷新历史 纪录。业内认为，白银价格持续走高，是因为全球性白银库存下降，导致现货市场出现明显的供应趋 紧。分析师表示，国外白银极度缺货，现在是在一个囤货的阶段。同时，分析师指出，短期追高会加剧 投资风险，应注意理性投资。 (央视财经) ...

每经AI快讯，周五（12月5日）纽约尾盘，现货白银涨2.08%，报58.3240美元/盎司。COMEX白银期货 涨2.28%，报58.810美元/盎司。 ...

每经AI快讯，12月5日，现货白银日内涨幅扩大至3%，报58.83美元/盎司。 ...

Group 1 - The global silver price has reached a historical high, with spot prices increasing over 90% this year, outperforming gold [1] - The rise in silver prices is attributed to a supply-demand imbalance in physical silver, the impact of the Federal Reserve's monetary policy, and a significant influx of global capital [1] - The volatility of silver futures has increased, with multiple instances of daily price fluctuations exceeding 5% since October [1] Group 2 - As of December 4, there are 84,400 existing silver product-related enterprises in China, with over half (52.56%) established between 5 to 10 years ago [3] - Companies with over 10 years of operation account for 37.01% of the total silver product-related enterprises [3] - The majority of these enterprises are concentrated in first-tier cities, which represent 34.55% of the total [6] Group 3 - In terms of new registrations, 1,620 silver product-related enterprises are expected to be registered in 2024, with 1,474 already registered this year [9] - The highest contribution of new registrations this year comes from the East China region (23.41%), followed by Southwest (22.46%) and South China (18.93%) regions [9] - New registrations from Northwest, North China, and Central China regions are all below 10% [9]

【#银价年内暴涨超90%##银价大涨背后原因#】今年以来，白银价格一路走高，涨幅甚至超过了传 统"避险资产"的黄金。北京时间4日上午，伦敦现货银价盘中报每盎司58.7美元，年内涨幅超90%。今年 白银大幅上涨的背后，是文化与节庆消费、工业端的强劲需求、供应持续紧张等多重因素共同推动的结 果。[话筒]首先是，全球最大的白银消费国——印度，今年需求激增。据悉，印度每年消费大约4000吨 的白银，主要用于珠宝、器皿和饰品。印度大约80%的白银依赖进口，而英国长期以来是其最大的供应 国。随着印度需求急剧上升，市场压力迅速传导到伦敦。市场一度紧张到部分交易商不得不改用飞机而 非货船运输白银完成交割，隔夜借银成本也一度被推高到了年化200%。[话筒]还有一大推动白银走强的 重要结构性因素，就是其工业用途。白银是所有金属中热导率和电导率最高的。分析指出，虽然过去八 九年里白银供应一直大于工业及消费需求，但这一格局近期已出现逆转。[话筒]最后，白银的供给端也 面临压力。根据世界白银协会发布的《2025年全球白银调查》，全球银矿产量在过去十年持续下降。业 内人士指出，全球白银矿产中只有大约28%来自"主银矿"，其余大部分都是铜 ...

Group 1 - Spot silver has risen by 0.8% to a record high of $58.94 per ounce [1]

Core Viewpoint - Spot silver prices increased by 0.83% to $58.956 per ounce, continuing to set a historical high [1] Group 1 - The current price of spot silver has reached a new record, indicating strong demand and market interest [1]

Core Viewpoint - Silver prices have surged significantly, with a year-to-date increase of 100.46% as of December 1, driven by various factors including industrial demand, heightened risk of short squeezes, and changes in tax policies affecting gold prices [1][2]. Group 1: Factors Supporting Silver Price Increase - The ongoing risk of short squeezes in overseas markets, particularly after silver was officially included in the mineral list, has contributed to rising prices [2]. - In the U.S., demand for physical silver has surged, with significant increases in the delivery volumes of active COMEX contracts, showing year-on-year growth of 194%, 147%, 51%, and 168% for contracts maturing in March, May, July, and September respectively [2]. - Domestic supply constraints are evident, with the Shanghai Futures Exchange's main silver futures contract holding 7,017 tons and the Shanghai Gold Exchange's silver (T+D) holding 3,968 tons, marking a new low in social inventory [2]. Group 2: Supply and Demand Dynamics - The demand for silver is being bolstered by increased consumption in India, particularly in jewelry, as well as rising industrial demand from sectors like photovoltaics [3]. - The supply side remains tight, with declining silver ore grades contributing to an expanding hidden gap in supply [3]. - The global largest silver ETF, iShares Silver Trust, reported a holding of 15,610.54 tons as of November 28, reflecting an increase of 28.21 tons, indicating strong capital inflow into silver [3]. Group 3: Future Price Outlook - Analysts predict that silver prices will continue to have upward momentum due to factors such as the U.S. listing silver as a critical mineral and China's tightening of silver export management, which is expected to reduce global silver circulation [4]. - There is an expectation of increased volatility in the short term, with ongoing supply-demand gaps and delivery pressures, suggesting that investors should manage risks carefully while gradually building positions [4][5].

Core Viewpoint - The recent surge in silver prices is attributed to a combination of macroeconomic factors and fundamental market dynamics, with silver outperforming gold significantly this year [1] Group 1: Price Movements - As of December 1, the London spot silver price reached a historic high, breaking the $57 per ounce mark, and was reported at $56.88 per ounce, reflecting a slight increase of 0.85% [1] - The Shanghai silver futures contract opened high and peaked at 13,520 yuan, marking a 7.78% increase, with a monthly gain exceeding 10% [1] - Year-to-date, international silver prices have risen over 90%, significantly outpacing gold [1] Group 2: Market Dynamics - The current rise in silver prices is seen as a result of both macroeconomic conditions and fundamental market factors [1] - Domestic investors have heavily allocated to silver, including physical silver and silver LOF, which has locked in part of the silver supply [1] - High silver prices in international markets have opened up profit opportunities for silver exports, leading to tighter market liquidity [1] Group 3: Investment Risks - With silver prices having increased over 70% this year, there are accumulating investment risks associated with this rapid price appreciation [1]