白银兼具金融、商品属性，其价格方向主要由金融属性决定，而商品属性提供了价格弹性，金银比"宽 幅震荡、均值回归" 历史数据来看，2000年以来，金银比中枢值约为68，金银比大幅下行的核心原因主要是宽松货币、工业 需求爆发、资金轮动多因素共振。梳理2000年以来的几次金银比大幅下行，该行发现金银比持续下行期 间，往往伴随金银同涨，且白银涨幅通常是黄金涨幅的3-4倍。在经济复苏或流动性充裕的宏观环境 下，白银的工业属性凸显，相对于黄金，具备更大弹性。 白银独立银矿产能占比不足30%，矿山开采成本上行，供给增长乏力 根据美国地质监测局数据，全球白银储量在2024年达到64万吨，整体增长缓慢。从矿产银供给端来看， 2024年墨西哥、中国、秘鲁三国占据全球产量的50%，全球白银产量以伴生矿为主，70%以上来自铜、 铅、锌矿冶炼副产品，独立银矿产能占比低，且矿产银产量因矿山品位下降、资本开支低迷和环保政策 趋严而增长缓慢，而再生银占比不足20%，未来白银供给端增长乏力。 国泰海通发布研报称，在美联储降息预期持续升温的背景下，美元走弱和全球流动性改善，白银兼具较 强的金融属性并存在长期供应缺口，该行预期持续性的供需缺口将推动 ...

Market Overview - U.S. stock index futures are all down ahead of the market opening, with the S&P 500 futures down 0.23%, Nasdaq 100 futures down 0.26%, and Dow futures down 0.10% [2] - Technology stocks are experiencing a pre-market decline, with AMD, Micron Technology, Google, and Intel each down approximately 1% [2] - Precious metals are seeing significant price drops, with silver falling about 5% and gold briefly dropping below $4900 per ounce [2] Commodity Performance - Crude oil futures are down, with WTI and ICE Brent crude both declining nearly 1%, while INE crude oil has dropped over 4% [3] - Gold and silver prices are also down, with COMEX gold down 1.42% and COMEX silver down 2.70% [4] Cryptocurrency Market - Major cryptocurrencies are experiencing declines, with Bitcoin down 1.32% and Ethereum down 0.75% [5] - The global market has seen approximately 85,000 liquidations [4] Geopolitical Context - Indirect negotiations between the U.S. and Iran have resumed in Geneva, coordinated by Oman, with significant disagreements remaining on core issues [5] - The ongoing geopolitical tensions are contributing to the upward trend in gold prices, according to analysts [5]

Group 1 - Gold mining stocks declined due to softening gold prices, with Newmont down 3%, Sibanye Stillwater down 5.8%, Barrick Gold down 2.4%, and Harmony Gold down 4.2% [1] - Silver mining stocks also fell, with Hecla Mining down 3.3%, Coeur Mining down 3.3%, Silvercorp Metals down 3.1%, and Endeavour Silver down 3.8% [1] Group 2 - Popular Chinese concept stocks mostly rose, with Hesai up nearly 4%, Kingsoft Cloud up over 3%, and Baidu up over 1% [1] - AI application stocks experienced declines, with SAP SE down nearly 3%, Applovin down nearly 2%, and both Palantir and Snowflake down over 1% [1]

美国上市的银矿股盘前走低，赫克拉矿业下跌3.3%，科尔黛伦矿业股价下跌3.3%，Silvercorp Metals股 价下跌3.1%，Endeavour Silver下跌3.8%。 本文源自：金融界AI电报 ...

每经AI快讯，2月17日，美国银矿股盘前走低，赫克拉矿业下跌3.3%，科尔黛伦矿业股价下跌3.3%， Silvercorp Metals股价下跌3.1%，Endeavour Silver下跌3.8%。 （文章来源：每日经济新闻） ...

本文源自：金融界AI电报 美国银矿股股价下跌，赫克拉矿业(HL.N)跌9%，科尔黛伦矿业(CDE.N)跌8.6%，Silvercorp Metals(SVM.A)跌8.7%，Endeavour Silver(EXK.N)跌8.1%。 ...

1月27日，美股开盘涨跌不一，道指跌0.65%，纳指涨0.51%，标普500指数涨0.21%。 通用汽车涨超5%，预计2026年调整后每股收益为11美元至13美元。 | 道琼斯工业 | 纳斯达克指数 | 标普500 | | --- | --- | --- | | 49091.39 | 23722.53 | 6965.10 | | -321.01 -0.65% +121.17 +0.51% | | +14.87 +0.21% | | 美国科技七巨头 | 中概科技龙头 | 中国金龙 | | 66590.04 | 4436.16 | 7869.38 | | +434.26 +0.66% | +38.25 +0.87% | +40.42 +0.52% | | 道琼斯期货 | 纳斯达克100期 | 标普500期货 | | 49229 | 25998.50 | 6995.75 | | -336 -0.68% | +150.00 +0.58% | +14.50 +0.21% | 编辑｜心一 银矿股集体下挫，赫克拉矿业跌2.1%，Endeavour Silver、科尔黛伦矿业跌1.5%，Silvercorp Metals跌 ...

1月27日，美股开盘涨跌不一， 道指跌0.65%，纳指涨0.51%，标普500指数涨0.21%。 编辑 ｜心一 医保保险公司股价走低，联合健康跌近17%，哈门那跌超16%，西维斯健康跌近10%。 康宁涨超7%，Meta将向康宁支付高达60亿美元的采购费用。 通用汽车涨超5%，预计2026年调整后每股收益为11美元至13美元。 | 道琼斯工业 | 纳斯达克指数 | 标普500 | | --- | --- | --- | | 49091.39 | 23722.53 | 6965.10 | | -321.01 -0.65% +121.17 +0.51% +14.87 +0.21% | | | | 美国科技七巨头 中概科技龙头 | | 中国金龙 | | 66590.04 | 4436.16 | 7869.38 | | +434.26 +0.66% +38.25 +0.87% +40.42 +0.52% | | | | 道琼斯期货 | 纳斯达克100期 | 标普500期货 | | 49229 | 25998.50 | 6995.75 | | -336 -0.68% +150.00 +0.58% +14.50 +0.21 ...

随着白银价格飙升6.5%，创下新高，在美国上市的银矿商股价上涨。赫克拉矿业上涨4.4%，科尔矿业 上涨3.6%，SILVERCORP金属上涨6.1%；ABRDN实物银股ETF上涨7%，全球X银矿商上涨5.8%， ISHARES银信托上涨7.1%。 消息面上，现货白银继续走强，日内涨幅超6%，盘中强势站上110美元/盎司，再创历史新高，距离上 周五突破100美元仅隔一个交易日。 ...

美股银矿股盘前走高，赫克拉矿业涨6.3%，科尔黛伦矿业涨5.52%，SILVERCORP METALS涨5.49%， ENDEAVOUR SILVER涨5.3%。 美股银矿股盘前走高，赫克拉矿业涨6.3%，科尔黛伦矿业涨5.52%，SILVERCORP METALS涨5.49%， ENDEAVOUR SILVER涨5.3%。 (本文来自第一财经) (本文来自第一财经) ...