Core Viewpoint - Silver prices have surged significantly, reaching historical highs in both domestic and international markets, driven by macroeconomic monetary policy expectations and supply-demand dynamics [1] Group 1: Price Movements - On November 28, silver prices soared, with COMEX silver futures peaking at $57.245 per ounce and London spot silver reaching $56.78 per ounce [1] - The main contract for domestic silver futures hit a high of 13,239 yuan per kilogram [1] - Year-to-date, silver has experienced a cumulative increase of 90%, marking it as one of the strongest-performing commodities of the year [1] Group 2: Market Drivers - The strong performance of silver is primarily driven by expectations of a 25 basis point rate cut by the Federal Reserve in December, with the probability now exceeding 85%, up from around 40% a week prior [1] - This easing expectation has led to a weaker US dollar index, reducing the holding costs of silver and attracting significant capital inflows into the precious metals sector [1] Group 3: Supply and Demand Dynamics - The global silver market has faced a supply deficit for the fifth consecutive year, with an estimated shortfall of 95 million ounces [1] - High photovoltaic installation levels and increasing penetration of electric vehicles are expected to sustain industrial demand for silver in the long term [1] - Projections indicate that silver supply will continue to be in shortfall through 2026, providing strong support for silver prices [1]

在国际金价高位震荡、贵金属市场热度不减的背景下，白银成为近期最耀眼的"明星"。 最新数据显示，COMEX白银期货、伦敦现货白银最高分别触及57.245美元/盎司、56.533美元/盎司，均刷新历史新高；国内沪银期货主力合约最高一度升 至13239元/千克，也刷新该合约上市以来新高。 业内人士表示，宏观货币政策预期、地缘局势以及基本面供需结构等，均为近期白银价格上涨提供支撑，看好其中长期价格走势表现，但也需警惕短期波 动风险。 市场做多情绪持续升温 近期，白银价格延续强劲上扬态势。Wind数据显示，当地时间11月28日，COMEX白银期货一举突破57美元/盎司关口，最高触及57.245美元/盎司，创下 历史新高，大涨超6%；伦敦现货白银价格同样表现强势，最高攀升至56.533美元/盎司，亦创下历史最高纪录，涨超5%。 | < W | COMEX白银 | | | | | | --- | --- | --- | --- | --- | --- | | | SI.CMX | | | | | | 57.085 | | 昨结 | 53.825 | 开盘 | 23.855 | | +3.260 | +6.06% | 总手 ...

在国际金价高位震荡、贵金属市场热度不减的背景下，白银成为近期最耀眼的"明星"。 最新数据显示，COMEX白银期货、伦敦现货白银最高分别触及57.245美元/盎司、56.533美元/盎司，均刷新历史新高；国内沪银期货主力合约最高一度升 至13239元/千克，也刷新该合约上市以来新高。 业内人士表示，宏观货币政策预期、地缘局势以及基本面供需结构等，均为近期白银价格上涨提供支撑，看好其中长期价格走势表现，但也需警惕短期波 动风险。 市场做多情绪持续升温 近期，白银价格延续强劲上扬态势。Wind数据显示，当地时间11月28日，COMEX白银期货一举突破57美元/盎司关口，最高触及57.245美元/盎司，创下 历史新高，大涨超6%；伦敦现货白银价格同样表现强势，最高攀升至56.533美元/盎司，亦创下历史最高纪录，涨超5%。 | < W | COMEX白银 | | | | | | --- | --- | --- | --- | --- | --- | | | SI.CMX | | | | | | 57.085 | | 昨结 | 53.825 | 开盘 | 23.855 | | +3.260 | +6.06% | 总手 ...