全球货币政策预期
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白银价格走高 投资更需理性
Sou Hu Cai Jing· 2025-12-11 23:12
Group 1 - The international silver price has risen significantly this year, with an increase of over 100% and briefly surpassing the important threshold of $60 per ounce [1] - The rise in silver prices is closely linked to changes in global macroeconomic expectations, particularly the potential for the Federal Reserve to ease monetary policy due to weakening economic data in the U.S. [1] - The supply situation for silver has also changed, with a reduction in freely circulating inventory as large investment products have been accumulating physical silver, leading to increased demand for spot silver [1] Group 2 - Domestic investment sentiment has stabilized compared to earlier periods, with a decrease in the "hoarding silver" phenomenon as prices rise, indicating a more rational approach from consumers and investors [2] - Industry opinions on future silver price trends are mixed, with some international institutions optimistic about maintaining strong prices if industrial demand remains robust, while others warn of high volatility and sensitivity to policy changes [2] - Short-term silver prices are expected to fluctuate around global monetary policy expectations, while medium-term trends will depend on changes in physical supply and demand, and long-term performance will hinge on stable industrial consumption growth [2]