【大河财立方 记者 王宁宁 深圳报道】1月8日，白银现货价格延续近期震荡回调节奏。截至发稿，现货白银跌超4％，报75.15美元/盎司。近期白银价格出现 波动，对线下交易市场有何影响？ 当日，深圳水贝市场白银报价21.7元/克。"今天银条的价格是22元/克，包手工费。"水贝银座一银饰批发店店员告诉大河财立方记者，银锭比银条贵一点。 前一日，记者走访水贝银座注意到，水贝实物白银短缺情况出现"降温"，多家商铺柜台里摆出了不同克重的现货投资银条、银锭。此外，由于金价高企，部 分商家柜台前堆满了新推出的小克重的黄金贴片手机链、挂链等新品，单个黄金贴片价格更是低至5元/张，以吸引消费者购买。 "一千克银条、元宝都有现货。"水贝银座负一楼的白银店铺工作人员告诉记者，去年12月咨询和买银条的消费者比较多，有一段时间银条小克重的现货都比 较少。"如果是买投资银条的可能会受银价波动影响，小克重银饰品，作为刚需品，价格波动对它的销量影响不太大。" 1月7日，水贝大屏幕上白银报价22.4元/克，虽较高点有所回落但价格仍高于1月4日的21元/克（银饰价格），黄金价格1157元/克。记者询问几家白银商铺， 加上工本费，白银饰品价格约在2 ...

Core Viewpoint - Silver has become one of the highest-gaining precious metals in 2025, with significant demand observed in the market, particularly in the Shui Bei area, where investment silver bars are in short supply [1][3]. Market Dynamics - The Shui Bei market has seen a notable increase in the presence of silver, with many shops displaying investment silver bars, indicating a strong consumer interest [3]. - A merchant reported that the recent drop in silver prices on December 29, 2025, led to increased purchasing activity among merchants, although suppliers were reluctant to sell due to the price drop [3][5]. - Overall, there is a shortage of silver materials in the market, with many suppliers not operating during the New Year holiday, prompting merchants to stock up in anticipation of increased customer traffic [3][5]. Price Trends - The pricing formula for investment silver bars is based on the local silver price plus processing fees, with the current Shui Bei silver price at 20.5 yuan per gram, reflecting a 24% increase from the highest price of 16.5 yuan on December 7, 2025 [5][6]. - The rise in silver prices has also led to an increase in silver jewelry prices, with a specific example showing a 22.22% price increase for a silver bracelet from 360 yuan to 440 yuan [6]. Future Outlook - Analysts predict a bullish trend for silver prices, particularly noting a significant price increase of nearly 80% from October to December 2025, driven by high trading volumes and low domestic silver inventories [7]. - The market is currently influenced by trading factors, with high volatility expected to continue due to multiple interventions by the CME exchange [7].

2025年12月31日午后，现货黄金直线下跌，一度下跌1.50%失守4300美元/盎司。 金价下跌同步传导至水贝黄金和品牌金。蓝鲸新闻记者了解到，1月1日，紫锦城珠宝交易中心足金价格为1012元/克，古法金价格为1032 元/克。 蓝鲸新闻 2026-01-01 14:00发布于北京蓝鲸财经官方账号 蓝鲸新闻1月1日讯（记者 郝妍）贵金属的火热在过山车般的行情后再度被推高，新年伊始，叠加节日效应，被称为"上海水贝"的紫锦城 珠宝交易中心今天一大早就挤满了买金的消费者。 蓝鲸新闻记者从多位水贝黄金商户处了解到，由于近几天金价经历了急涨急跌，因此叠加假日生意本来就很火爆。其中一位水贝商户表 示，今天来买金的消费者中有不少年轻夫妻来购置结婚"三金"，"这两天金价跌不少，很划算的。" 此外，多家黄金珠宝品牌公布的境内足金首饰价格较昨日也有所下调，老凤祥报价1360元/克，老庙黄金报价1354元，周生生报价1345 元/克，六福珠宝报价1361元/克。 和此前紫锦城只有黄金相关柜台火热不同，1月1日，不少铂金饰品和银饰也吸引了消费者询价，甚至有不少消费者购买投资银条时出现 断货缺货情况。 蓝鲸新闻记者从一位商户处了解到 ...

Core Viewpoint - The gold and silver prices have experienced significant fluctuations before the New Year, but the Shenzhen Shui Bei gold and jewelry market remains vibrant due to holiday effects and consumer interest in gold jewelry and investment products [1][4]. Group 1: Market Trends - On January 1, the gold price was reported at 1,126 yuan per gram, inclusive of tax, indicating a shift towards a unified pricing system in the Shui Bei market [4]. - Despite high gold prices, consumer demand for gold jewelry remains strong, with purchases for gifts and investments continuing to drive sales [4]. - Silver and platinum prices have also risen, but their popularity still lags behind that of gold jewelry [6]. Group 2: Investment Insights - Investment silver bars have become highly sought after, with reports of shortages and the need for pre-orders due to rising silver prices [7]. - Market data indicates that by 2025, international gold and silver prices are expected to rise by approximately 60% and 150%, respectively, driven by factors such as the Federal Reserve's loose monetary policy and central bank gold purchases [7]. - Major financial institutions, including JPMorgan, predict that by the end of 2026, gold prices could reach $5,000 per ounce, while some analysts forecast even higher prices, with silver potentially reaching $200 per ounce [8].

元旦假期之前，国际金价和银价剧烈震荡。不过，新年伊始叠加节日效应，深圳水贝黄金珠宝市场的人气依旧高涨。 1月1日，记者来到深圳水贝黄金珠宝市场的多个交易中心，发现现场依旧有不错的人气，黄金饰品还是最受欢迎的品种。 "今天的金价是每克1126元，这个价格已经是含税的价格。"水贝壹号一家黄金饰品店铺的负责人告诉记者，"现在水贝市场的报价已经逐渐 统一，不像之前区分投资金和首饰金。尽管金价处于历史高位，但这几天的生意还不错，消费者已经逐渐适应含税的报价体系，我们也抓紧 机会做多一些生意。"他还表示，买金饰送家人，购金条做投资，还有年轻人继续攒"金豆"，新年黄金消费的热度还在。 （水贝市场依旧有不错的人气。 吴家明/摄) 此外，前桥水基金大宗商品主管、现任Black Snow Capital创始人兼首席执行官的Alexander Campbell警告称，白银当前面临多重短期风 险，这些风险包括税务抛售压力、美元走强、CME上调白银交易保证金要求、白银处于"超买"技术形态，以及潜在的"铜替代"等。有分析人 士表示，目前多种贵金属价格处于历史高位，投资上建议保持谨慎。对于带杠杆的期货投资则应该在足够了解市场特点后谨慎参与 ...

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 | | | ...

（来源：微博沧州） 来源：滚动播报 【#银价飙涨##投资银条卖爆了#】今年以来，黄金价格持续创下历史新高，白银的价格也在持续上涨， 伦敦现货白银价格突破42美元每盎司关口，创了14年以来的新高，今年累计涨幅已经超过40%。上海期 货交易所沪银期货主力合约价格突破1万元每千克关口，创下近13年以来新高，今年累计涨幅已经超过 30%。在深圳一家白银型材加工厂，负责人告诉记者，伴随着银价持续攀升，成品投资银条的需求量明 显上涨，首饰类半成品的订单却在减少。银价为何暴涨？据了解，白银被广泛应用于电子、可再生能源 和医疗卫生等工业领域。根据世界白银协会的数据，2024年白银下游需求中，工业、珠宝首饰、投资分 别占比58%、18%、16%，其中属于工业的光伏领域占比17%。此外，今年以来全球贸易政策不确定性 和地缘政治局势紧张推升了避险情绪，驱动黄金价格大幅走强，从而带动白银价格稳步上涨。此外，美 联储降息等政策也利好白银的金融属性。（央视财经） ...

Core Viewpoint - The recent surge in silver prices is driven by a combination of financial and industrial factors, with significant implications for investors and market dynamics [5][12]. Group 1: Price Movements and Market Reactions - A Shanghai investor purchased 20 kilograms of physical silver at approximately 11 yuan per gram, and with current prices exceeding 13 yuan per gram, the investor has realized a paper profit of 60,000 yuan [1]. - Silver prices reached a historic high of 60.83 USD per ounce in early December, with a year-to-date increase of over 110%, while gold's increase was around 60% [3]. - In Shenzhen, the demand for silver bars and silver products has surged, with some merchants selling dozens of kilograms of silver this month [3]. Group 2: Supply and Demand Dynamics - The current surge in silver prices is attributed to both financial attributes, influenced by U.S. Federal Reserve policy expectations, and industrial demand, particularly from the photovoltaic sector [5][11]. - The London Bullion Market Association (LBMA) reported a significant decline in silver inventories, with a drop of 300 tons in October alone, leading to the lowest levels since 2016 [7]. - The World Silver Association anticipates a continued annual deficit in the silver market through 2025 due to constrained supply and rising demand [7]. Group 3: Investment Considerations - Analysts suggest that the current market dynamics create a high volatility environment for silver, with ETF holdings and speculative positions at elevated levels [9][12]. - Investment in silver is seen as a dual-attribute asset, combining financial and industrial characteristics, which has attracted investors seeking alternatives amid limited returns from other investment channels [11][12]. - UBS has raised its silver price target for 2026 to between 58 and 60 USD per ounce, with potential for prices to reach 65 USD per ounce [14].

Group 1 - The core viewpoint of the articles highlights the significant rise in silver prices, driven by a combination of supply-demand dynamics and expectations of interest rate cuts by the Federal Reserve [4][5][6]. - Silver has experienced a remarkable increase, with prices reaching $57 per ounce, marking a year-to-date gain of nearly 100% [5][6]. - The Shanghai Futures Exchange reported that the main silver contract price surged to 13,520 yuan per kilogram, reflecting an increase of over 7% and marking eight consecutive months of price growth [5][6]. Group 2 - The Federal Reserve is expected to lower interest rates in December, with a probability of 87.4% for a 25 basis point cut, which is anticipated to support precious metal prices [4][5]. - The global silver supply has been in a state of shortage for the past five years, with increasing demand from the solar energy sector contributing to the price surge [5][6]. - Analysts suggest that the current economic environment, characterized by rising inflation and a weakening job market, is favorable for silver, which possesses both precious and industrial metal attributes [7][8]. Group 3 - The inflow of speculative funds and strong fundamentals have led to silver exhibiting greater price elasticity compared to gold [8]. - The largest silver ETF, SLV, reported a holding of 15,610.54 tons, indicating a daily increase of 28.21 tons, maintaining high levels of investment interest [9]. - Sales of silver investment products, such as silver bars and coins, have surged by over 40% year-on-year due to the recent price increases [10].

上海期货交易所的白银主力合约价格涨至13520元/公斤，涨幅超过7%，月线上已经连续上涨8个月。 截至发稿，国际银价、铜价早盘大涨后小幅回落，现货白银涨0.97%，报56.945美元/盎司，COMEX白 银涨0.5%。 12月1日，LME铜期货价格大幅拉涨，截至发稿报11249美元/吨。沪铜站上89100元/吨，大涨超2%，盘 中刷新历史新高。 本周，美联储将进入12月会议前的"噤声期"。本周二，美联储主席鲍威尔将在一场纪念活动中发表讲 话。正值"噤声期"，鲍威尔料不会发表有关货币政策相关的重要表态。 市场焦点转向即将出炉的诸多经济数据。其中，"美联储最青睐的通胀指标"——美国9月个人消费支出 （PCE）报告将于周五公布，预计9月整体PCE同比涨幅将微升至2.8%，核心PCE价格指数同比涨幅预 计将维持在2.9%不变。 据CME"美联储观察"的最新数据显示，美联储12月降息25个基点的概率为87.4%，维持利率不变的概率 为12.6%。美联储到明年1月累计降息25个基点的概率为67.5%，维持利率不变的概率为9.2%，累计降息 50个基点的概率为23.2%。 高盛表示，美联储将在12月9—10日议息会议上下调 ...