Group 1 - The international gold price has surpassed $5000 per ounce, while silver has also reached new highs, with London silver exceeding $108 per ounce and a daily increase of over 6% [1] - As of January 27, New York COMEX gold futures are approximately $5085 per ounce, up from $5004.8 per ounce the previous trading day; COMEX silver is around $110 per ounce, also showing an increase from the prior closing price. Year-to-date, gold futures have risen over 17%, while silver has surged by 55% [3] - The gold-silver ratio has dropped to around 50, marking a 13-year low, attributed to the rapid increase in silver prices compared to gold [5] Group 2 - There is a noticeable increase in silver consumption as market sentiment leans towards rising prices, with some enterprises reporting higher demand [7] - Demand for investment in gold and silver bars has surged alongside positive market expectations, although industries such as photovoltaics and gold/silver plating are seeking to adopt "de-gold" and "de-silver" technologies due to high procurement costs [9] - The A-share precious metals sector has strengthened, with a single-day increase of nearly 4% and a cumulative rise of nearly 70% since the beginning of the year. Additionally, various metal commodities have also experienced upward trends [11] - The non-ferrous metals sector has seen a rotational increase since last year, with significant excess returns in base metals like copper and aluminum, as well as in new energy metals such as lithium carbonate, cobalt, and nickel [13]

Group 1 - LME copper prices fell by $68, or 0.64%, closing at $10,623.50 per ton due to a strong dollar and signs of weak demand, although a decline in LME inventories provided some support [1][4] - LME registered copper inventories decreased to 127,350 tons, the lowest level since July, which helped to mitigate the price decline [4] - The copper premium at Yangshan Port dropped by 38% over the past month to $36 per ton, the lowest since July, indicating reduced buying interest from China [4] Group 2 - LME zinc prices increased by $9.5, or 0.32%, closing at $2,988.00 per ton, reflecting a tight supply situation [4][5] - LME zinc inventories fell to 37,275 tons, the lowest level since the beginning of 2023, despite expectations of a surplus in the global zinc market for this year and next [6]