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].