12月29日周一开盘，现货黄金失守4500美元关口，盘中跌超1%。截至29日14:16，跌幅收窄，现报4505.72美元/盎司。 | W | | | 伦敦金现 | | | Q | | --- | --- | --- | --- | --- | --- | --- | | | | | SPTAUUSDOZ.IDC | | | | | 4505.720 " | | | 4532.410 | 总量 | | O | | -26.690 | -0.59% | | 4532.410 | 现手 | | 0 | | 最高价 | 4550.520 | 持 仓 | O | 外 盘 | | 0 | | 最低价 | 4471.250 | 增 仓 | 0 | 内 물 | | 0 | | સ્ત્રીય | 五日 | 目K | 周Ｋ | 月K | 車名 | (0) | | 叠加 | | | | 均价:0.000 | | | | 4593.570 | | | | | 1.35% 卖一 4505.810 | | | | | | | | 买一 4505.720 | | | | | | | | 14:15 4505.630 | 0 | | | ...

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]

白银的价格也创下历史纪录了。 10月9日晚间，受避险需求飙升与伦敦现货市场供应趋紧的双重推动，现货白银价格跃升至数十年来新 高。 白银价格彻底"爆了"！ 此前与黄金同步上涨的白银，近期呈现剧烈震荡走势。 COMEX12月白银期货9日美股盘前一度涨至49.965美元，逼近1980年50.35美元的盘中纪录，随后转跌 午盘至46.89美元，日内跌4.3%；现货白银美股早盘涨超51美元，创1980年亨特兄弟事件后新高，日内 涨4.8%，午盘却几乎抹平涨幅。 从年度表现看，今年初至今白银累计涨逾67%，为1979年以来同期最大涨幅，不仅跑赢黄金同期约54% 的涨幅，也是15年来银价首次大幅超越金价表现。 双重逻辑支撑银价上涨，工业与金融属性共振 瑞士宝盛曼克（CarstenMenke）分析，银价上涨背后有两大核心逻辑： 一方面，白银具备贵金属的金融属性，美联储降息等政策利好其金融属性，金价走强带来比价效应与板 块联动； 另一方面，白银工业属性突出，在电子、光伏、新能源等领域应用广泛，据世界白银协会数据，2024年 白银下游需求中工业占比58%（其中光伏占17%），珠宝首饰、投资需求分别占18%、16%，工业需求 成为 ...