"伦敦市场的白银库存，现在比疫情期卫生纸还紧缺。 "一位对冲基金交易员在电话里语速飞快，"空头们正在包机从纽约往伦敦运银锭，一趟光运输成本就 涨了40%，但依然凑不齐交割的现货。 你能想象吗？ 有人为了平掉一张白银空单，不得不租用波音货机跨大西洋'闪送'银条，这种剧情上一次发生还是1980 年代亨特兄弟操纵银价的时候。 " | 详细指标预测 | | | | | | | --- | --- | --- | --- | --- | --- | | 预测指标 | 2022(实际值) | 2023(实际值) | 2024(实际值) | 预测2025(平均) | 预测2026 (平均) 预 | | 营业收入(元) | 15.47亿 | 11.96亿 | 19.18/Z | 30.19亿 + | 47.71 + | | 营业收入增长率 | -9.50% | -22.70% | 60.37% | 57.42% + | 58.03% + | | 利润总额(元) | 1.70亿 | 6129.00万 | -5507.36万 | 7.57亿 + | 13.19亿 + | | 净利润(元) | 1.85亿 | 6271.44万 | ...

Core Viewpoint - The recent surge in silver prices is primarily driven by the easing of tariff risks between China and the U.S., alongside high gold-silver ratios attracting bullish investments, and heightened demand for silver as a safe haven due to escalating tensions in the Middle East [1][2]. Price Movement and Market Dynamics - Since June, the London silver spot price has risen from around $33 per ounce to a peak of $37.24 per ounce on June 17, marking a nearly 14-year high [1]. - The increase in silver prices is linked to the alleviation of economic downturn risks associated with tariff policies, as well as the current high gold-silver ratio, which has led to an influx of bullish capital [2]. Historical Context and Comparisons - Historical data indicates that silver often lags behind gold in price movements during bull markets, with gold typically initiating price increases before silver follows [3]. - The gold-silver ratio has shifted significantly over the years, influenced by the differing monetary properties of gold and the industrial demand for silver, leading to a higher ratio in recent years [3]. Investment Trends and Market Participants - The current price increase in silver is attributed to both institutional and retail investor participation, with significant growth in silver ETF holdings and active futures trading [4][5]. - As of June 18, global silver ETF holdings increased by 858 tons compared to May 20, indicating strong institutional interest [4]. Investment Strategies and Recommendations - For investors, it is suggested to consider physical silver for long-term holdings, while silver ETFs are recommended for those with moderate risk tolerance seeking short to medium-term investments [6]. - Investors with higher risk tolerance and trading experience may explore silver futures and related derivatives, with an emphasis on strict risk management practices [6].