Core Viewpoint - The price of silver has surged over 25% since the beginning of the year, reaching a record high of $91.551 per ounce, making it the second-largest asset globally with a market capitalization exceeding $5 trillion [1][3]. Group 1: Market Performance - Silver's price increase began in 2025, with a significant rise from a low range of $28-$32 per ounce at the start of last year, accelerating in the fourth quarter to surpass key price levels of $70, $75, and $80, ultimately reaching a peak of $83.971 per ounce by December 29, 2025 [3]. - The maximum increase in silver prices for 2025 was 196.84%, outperforming gold and becoming a focal point in capital markets [3]. - Currently, silver's market capitalization stands at $5.045 trillion, surpassing major companies like Google and Apple, while gold remains the largest asset at $32.251 trillion [3]. Group 2: Drivers of Price Increase - The ongoing strength in silver prices is attributed to a combination of industrial demand growth and financial attributes, moving beyond traditional monetary and safe-haven characteristics [4]. - Key sectors such as photovoltaics, electric vehicles, and AI hardware are driving increased consumption of silver, creating a structural supply-demand gap [4]. - The expectation of continued global liquidity easing and the current gold-silver ratio being above historical averages provide further support for silver's valuation recovery [4]. Group 3: Future Price Predictions - Market attention is now shifting towards the $100 per ounce mark, with Citigroup predicting that silver will reach this level within the next three months [5]. - Analysts suggest that the bullish market conditions are likely to persist, contingent on geopolitical tensions easing and reduced hedging demand for precious metals later in the year [5]. Group 4: Investment Strategies - Investors are advised to adopt a strategy of gradual accumulation and diversification, avoiding high-risk positions and instead using a dollar-cost averaging approach [8]. - The Chicago Mercantile Exchange plans to launch a new 100-ounce silver futures contract in February 2026 to meet the growing demand from retail investors [8].

Market Overview - On January 14, US stock indices opened lower, with the Dow Jones down 0.21%, the Nasdaq down 0.82%, and the S&P 500 down 0.55% [1] Technology Sector - Technology stocks experienced a broad decline, with Nvidia, Tesla, Google, and AMD all falling over 1%, while Apple and Netflix also saw declines [3] Chinese Stocks - Chinese stocks showed mixed performance; Ctrip fell over 18% due to an investigation by the State Administration for Market Regulation, while Pinduoduo dropped over 4%. In contrast, Bilibili rose over 5% and Alibaba increased by over 2% [3] Ctrip Group - Ctrip's stock price was reported at 61.740, reflecting a decline of 18.42%, with a market capitalization of 441 billion [4] - The stock's performance indicated a significant drop of 13.940, translating to a percentage decrease of 18.42% [4] Banking Sector - Bank stocks generally fell, with Wells Fargo and Bank of America both declining over 3% [3] Gold Sector - Gold stocks saw a rise, with Coeur Mining and AngloGold both increasing nearly 3% [3]

北京时间1月14日晚，美股周三早盘继续下滑，道指下跌200点。交易员正在消化最新一批银行企业财 报。地缘政治风险阴影仍笼罩市场情绪。随着美国继续释放可能直接介入伊朗局势的信号，投资者再度 涌向贵金属避险。 道指跌210.73点，跌幅为0.43%，报48981.26点；纳指跌316.43点，跌幅为1.33%，报23393.44点；标普 500指数跌59.07点，跌幅为0.85%，报6904.67点。 富国银行股价走低，此前该公司公布的第四季度营收低于预期。相比之下，花旗集团第四季度业绩超出 预期。 周二美股收跌，道指下跌近400点。金融板块是表现最差的行业板块。摩根大通股价收盘重挫逾4%，因 其第四季度投行业务费用不及预期。高盛和美国银行也随之下跌。 美国总统特朗普周二继续抨击美联储主席杰罗姆·鲍威尔。与此同时，随着美国司法部对美联储主席展 开刑事调查，市场对央行独立性的担忧日益加剧。 Freedom Capital Markets科技股研究主管Paul Meeks表示，股价可能已开始反映特朗普要求所带来的潜在 影响。"这是对鲍威尔主席受威胁以及银行财报的滞后反应——企业纷纷谈及将信贷利率上限设为 10%……这 ...

Group 1: ETF Market Overview - On January 14, the overall ETF market saw more funds rising than falling, with over half of the funds closing higher, particularly in technology sectors such as software, big data, fintech, and cloud computing, where several products rose over 5% [1][4] - The total scale of cross-border ETF products has surpassed 1 trillion yuan, with the number of products reaching 207. More than 30% of cross-border ETFs are trading at a premium, with the highest premium rate for the Nasdaq Technology ETF at 19.36% [2][15] - The ETF market experienced a net inflow of approximately 5.66 billion yuan, an increase from 1.157 billion yuan on January 12, with stock ETFs being the main attraction for capital [3][8] Group 2: Performance of Technology ETFs - Technology sector ETFs performed exceptionally well on January 14, with all top ten gainers being technology-related products, each rising over 5%. Several technology ETFs have seen gains exceeding 20% in the first eight trading days of the year [4][5] - The Software ETF (561010) topped the gainers list with a rise of 6.34% and a premium rate of 2.19%. It tracks the CSI Software Development Index, which includes 117 constituent stocks, with 10 stocks rising over 10% [4][5] - Two ETFs tracking the CSI Big Data Industry Index also saw gains exceeding 6%, with notable performances from Tianyuan Dike and Yidian Tianxia, which rose 18.61% and over 16%, respectively [4] Group 3: Decline in Other Sectors - Several ETFs in the electric grid and banking sectors saw significant declines on January 14, with the Electric Grid ETF (561380) dropping 5.81%, marking the largest decline of the day [6][7] - The banking sector ETFs also experienced widespread declines, with three ETFs falling more than 1.6%, reflecting a broader downturn in the sector [6][7] Group 4: Fund Flow Dynamics - The inflow of funds into stock ETFs showed a clear divergence, with many industry ETFs attracting significant capital while some broad-based index ETFs faced net outflows [8][9] - The Media ETF (512980) alone attracted over 4 billion yuan in net inflows in just one trading day, indicating strong investor interest in specific sectors [8][9] Group 5: Cross-Border ETF Insights - The cross-border ETF market is expanding, with a significant portion of new products targeting the Hong Kong stock market. The premium rates for many cross-border ETFs indicate strong demand [15] - The Nasdaq Technology ETF has issued a premium risk warning and will suspend trading for one hour if the premium does not decrease, highlighting the volatility and investor caution in this segment [15]

"现在金价涨得厉害，我也入手了一些金条，但贵重物品不敢放家里，朋友建议找个银行保管箱存放。"投资者小李告诉记者，如今手里的黄金已有200多 克，然而，当他咨询银行保管箱业务时才发现，"租箱子比买金子难多了"。 2026年以来，全球地缘政治风险呈现多点扩散与升级态势，持续为贵金属注入强劲的避险需求，黄金价格涨势不减。在此背景下，中国证券报记者调研发 现，银行保管箱租赁业务走红。1月14日，中国证券报记者走访北京地区多家银行的分行营业部与支行发现，银行保管箱"一箱难求"，多家银行工作人员 告诉记者，目前所有型号的保管箱均已租罄，排队候租的客户多达上百人。 想租保险箱需排队等候 1月14日，记者来到平安银行北京分行营业部，该行工作人员向记者表示："北京地区只有分行营业部有保管箱，但现在全是满箱，得等有人退才能租，可 以先排上队等候。"当被问及今年是否有望租到时，对方表示："前面排队的人很多，2026年够呛了。" 在招商银行北京分行营业部，该行工作人员向记者坦言："现在没有空箱，只能排队等候，前面已有100多人在排队，而且是最小号的细长条箱子。要是大 箱子，能排到的可能性就更低了。"据介绍，招商银行保管箱根据不同尺寸 ...

1月14日晚间，美股三大股指集体低开，道指跌0.21%，纳指跌0.82%，标普500指数跌0.55%。 银行股普跌，富国银行、美国银行跌超3%；黄金股大涨，科尔黛伦矿业、盎格鲁黄金涨近3%。 编辑 ｜ 钉钉 科技股普跌，英伟达、特斯拉、谷歌、超微半导体等均跌超1%，苹果、奈飞均走低。 中概股涨跌不一，携程跌超18%，市场监管总局对携程集团立案调查， 拼多多跌逾4%；哔哩哔哩涨 超5%，阿里巴巴涨超2%。 | < W | 携程集团 | | | | --- | --- | --- | --- | | TCOM.O | | | | | 61 740 量 522.9万 股本 7.14亿 市盈™ 10.0 | | | 万得 20 | | -13.940 -18.42% | 换 0.73% 市值 441亿 市净 1.86 | | | | 港股 569.500 -39.500 -6.49% | | 溢价(H/US) +18.30% | | | ■ ▼ 五日 日K | 周K | 电会 | (0) | | 章加 | 均价:63.898 | | | | 89.650 | 18.46% 卖一 | 61.840 | 100 | | ...

据一位共和党关键议员透露，由于司法部向央行送达了传票，美联储主席鲍威尔可能会缺席他下一次预 定的国会听证会。 美联储发言人拒绝置评。 一批共和党关键议员已对司法部针对美联储的调查表达了担忧。 银行委员会的共和党关键人物、不再寻求连任的参议员Thom Tillis上周日晚间发誓，在问题解决之前， 将反对特朗普提名的任何美联储人选。其他共和党参议员，包括前桥水基金的CEO Dave McCormick， 周一则表达了较为温和的反对意见。 在此之前，鲍威尔于上周日表示，美联储已收到司法部的大陪审团传票，面临刑事起诉的威胁。这一行 动与他在去年6月就美联储总部正在进行的翻新工程发表的国会证词有关。 根据1978年对央行相关法律的修订案，美联储主席每年必须参加两次国会听证会，就货币政策和经济发 展情况作证。按照传统，他们会出席参议院银行委员会和众议院金融服务委员会的听证会。 众议院金融服务委员会主席、共和党众议员French Hill表示："我预计鲍威尔主席不会在2月出席参众两 院的作证，因为大陪审团指控他犯有伪证罪。这将导致他无法出席国会举行的每半年一次的法定听证 会。" ...

中经记者 慈玉鹏 北京报道 1月14日，《中国经营报》记者注意到，马年贺岁纪念币和纪念钞刚刚上线不到24小时，多个银行网点 已卖空，无预约名额。同时，在一些二手交易平台，马年贺岁纪念币和纪念钞挂牌售价已翻数倍。 记者了解到，马年纪念币是央行第四轮纪念币的最后一枚，受到成套纪念币的收藏者追捧。但在二手市 场购买，投资者需要鉴别真伪，同时注重价格走势，切忌盲目高价投资。 一天内多地卖空 1月13日晚，2026年马年贺岁纪念币和纪念钞正式开售。 根据央行公告，马年贺岁纪念币材质为双色铜合金，面额10元，发行数量为1亿枚（含留存历史货币档 案1万枚）。纪念钞面额20元，采用塑料材质，发行数量为1亿张（含留存历史货币档案2万张）。 根据银行要求，每人限额分别为20枚纪念币及20张纪念钞，每人限预约一次。 1月14日上午，记者进入中国银行马年贺岁纪念币预约界面，多个地区网点显示预计剩余已为0。 据悉，目前在二手交易平台上，马年贺岁纪念币、纪念钞的价格已翻数倍。 记者查阅发现，一套20张、面额为20元的马年纪念钞，有多位卖家开价1000元至2000元，亦有买家咨 询。 苏商银行高级研究员杜娟告诉记者，不同类型银行纪念币和纪 ...

"现在金价涨得厉害，我也入手了一些金条，但贵重物品不敢放家里，朋友建议找个银行保管箱存 放。"投资者小李告诉记者，如今手里的黄金已有200多克，然而，当他咨询银行保管箱业务时才发 现，"租箱子比买金子难多了"。 2026年以来，全球地缘政治风险呈现多点扩散与升级态势，持续为贵金属注入强劲的避险需求，黄金价 格涨势不减。在此背景下，中国证券报记者调研发现，银行保管箱租赁业务走红。1月14日，中国证券 报记者走访北京地区多家银行的分行营业部与支行发现，银行保管箱"一箱难求"，多家银行工作人员告 诉记者，目前所有型号的保管箱均已租罄，排队候租的客户多达上百人。 平安银行则将箱型分为A型—J型号。其中最小的A型号为60mm*250mm*530mm，1个月租金为100元， 三个月租金为200元，半年租金为300元，一年租金为500元。最大的J型号为610mm*300mm*500mm， 一个月租金为3000元，三个月租金为6000元，半年租金为10000元，一年租金为15000元。 受居民"储金热"因素推动 银行保管箱"一箱难求"，原因是2025年以来黄金价格持续上涨，投资者购金热情高涨。 1月14日，记者来到平安银行（ ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ MACD金叉信号形成，这些股涨势不错！ 新浪声明：此消息系转载自新浪合作媒体，新浪网登载此文出于传递更多信息之目的，并不意味着赞同 其观点或证实其描述。文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。 责任编辑：何俊熹 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 新浪声明：此消息系转载自新浪合作媒体，新浪网登载此文出于传递更多信息之目的，并不意味着赞同 其观点或证实其描述。文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。 MACD金叉信号形成，这些股涨势不错！ 责任编辑：何俊熹 ...