Key TakeawaysSpot silver prices skyrocketed nearly 8% to hit $84.57 per ounce, marking a massive rally in the precious metals sector.St. Louis Fed President Alberto Musalem suggested the economic outlook may remain unchanged if incoming Trump administration tariffs are implemented on a "one-for-one" basis.Spot palladium surged over 4%, climbing to $1,760.35 per ounce amid broader strength in industrial and precious metals.Musalem signaled support for Kevin Warsh as the next Federal Reserve Chair, describing ...

Corporate Earnings and Strategic Shifts - Ford is expecting a reduction in tariff costs of approximately $1.0 billion in 2026 while reporting Q4 charges of about $13.8 billion related to its evolving electric vehicle (EV) strategy and the anticipated disposition of its BOSK investment [2][9] - Humana reported an adjusted loss per share of -$3.96 for Q425, which was better than the estimated -$4.01, but its 2026 adjusted EPS guidance of at least $9 fell short of the analyst consensus of $11.87 [3][9] - Hilton Worldwide Holdings Inc. achieved a net income of $298 million in Q4, with diluted EPS at $1.27 and adjusted EPS of $2.08, exceeding analysts' expectations of $2.02, while revenue reached $3,087 million [4][9] Market Dynamics and M&A Activity - QXO is set to acquire Kodiak Building Partners for approximately $2.25 billion, which is expected to significantly expand QXO's addressable market to over $200 billion and be highly accretive to its 2026 earnings [5][9] Commodity Markets - Spot Silver experienced a notable intraday surge of 6.00%, trading at $85.57/oz, indicating ongoing volatility and investor interest in precious metals [6][9]

Group 1 - The core viewpoint of the article highlights the extreme volatility in the precious metals market at the beginning of 2026, characterized by a historic sell-off followed by a record rebound, which is seen as a natural attribute of commodities in a strong bull market [1][3] - The article emphasizes the fundamental difference in asset pricing logic between commodities and the stock market, noting that commodities exhibit a "positive skew," where price increases are accompanied by rising volatility, providing opportunities for traders to construct asymmetric risk-reward profiles [4][1] - Current technical observations indicate that silver is stabilizing around $81.21 per ounce and gold above $5038, with the recent sharp corrections viewed as a healthy market adjustment that helps to digest early leverage positions [4][2] Group 2 - Despite rumors of institutional fund withdrawals, data shows that related gold mining fund products, such as those under YieldMax, maintained positive net subscriptions during price declines, indicating that institutional investors view short-term volatility as a buying opportunity [5][2] - Long-term, gold's status as a store of value remains irreplaceable, with current gold requirements for purchasing median housing being lower than in the 1960s, underscoring gold's inflation-hedging superiority [5][3] - The article argues that in the context of global debt monetization and ongoing currency devaluation, the "safe haven" logic of precious metals remains robust, and short-term noise should not overshadow the strategic significance of long-term allocations [5][3]

Group 1 - The Nikkei 225 index opened up by 1.5% [1] - The Seoul Composite Index opened up by 4.1% [1] - Spot gold rose to approximately $5040, increasing by 1.6% during the day [1] - Spot silver surpassed the $80 mark, with a daily increase of over 3% [1] Group 2 - The yield on Japan's 30-year government bonds increased by 6.5 basis points, reaching 3.615% [1]

Group 1 - The core viewpoint of the article highlights a significant increase in precious metals, particularly silver, with COMEX silver rising over 13% and spot silver increasing by more than 10% to reach $87.03 per ounce [1][2]. Group 2 - COMEX silver price reached $87.040, reflecting a rise of 10.031, which is a 13.03% increase [2]. - Spot silver price reported at $87.080, showing an increase of 7.949, equivalent to a 10.05% rise [2]. - The London gold price was noted at 4932.370, with an increase of 273.092, representing a 5.86% rise [2].

账户爆仓的短信声，成为了今天早晨叫醒无数中产阶级的"丧钟"。 现货白银在一瞬间仿佛失去了地心引力，K线图直接走出了"瀑布流"； 一向稳健的黄金也未能幸免，遭受了40年来最惨烈的单日抛售。 昨晚，对于无数贵金属投资者来说，是一个彻头彻尾的"不眠之夜"。 没有一丝丝防备，也没有任何征兆。当国内投资者还在睡梦中时，国际金融市场突然掀起了一场血雨腥 风。 "我看了一晚上的盘， ...

摘要周五(1月30日)亚洲时段，贵金属市场迎来狂欢后的深度回调，现货黄金维持日内暴跌走势，目前 交投于5180美元附近，现货白银结束了连续七日的上涨势头，目前交投于110美元，现货铂金延续跌 势，跌幅超5%，目前交投于2480美元附近。 周五(1月30日)亚洲时段，贵金属市场迎来狂欢后的深度回调，现货黄金维持日内暴跌走势，目前交投 于5180美元附近，现货白银结束了连续七日的上涨势头，目前交投于110美元，现货铂金延续跌势，跌 幅超5%，目前交投于2480美元附近。业内分析师表示，此次回调系短期获利了结叠加交易所风控加码 引发，地缘风险、央行购金及美联储宽松预期等长期支撑逻辑未被打破，贵金属牛市格局仍在延续。 【要闻速递】 现货铂金：从技术面来看，铂金价格当前处于震荡区间整理，关键支撑位关注2500美元/盎司附近，若 能坚守该支撑位，将有望维持震荡格局；若失守该支撑位，可能进一步下探2400美元/盎司阻力区域。 若黄金、白银企稳回弹，叠加工业需求回暖，铂金有望开启补涨行情，测试2700美元/盎司阻力位。市 场情绪偏向谨慎，短期走势主要跟随黄金波动，需重点留意贵金属板块整体企稳信号及工业需求数据的 指引。 在特 ...

Core Viewpoint - The recent surge in international precious metals markets, particularly silver and gold, is driven by a significant shift towards risk aversion among global investors due to multiple uncertainties in the market [1][3]. Group 1: Market Dynamics - Silver prices soared by 14% to $117.75 per ounce, reaching a historical high, while gold prices climbed to $5111.17 per ounce, marking a new record [1]. - The collective rally in precious metals is attributed to a large-scale influx of capital seeking safe-haven assets amid rising concerns over geopolitical tensions and economic uncertainties [1][3]. Group 2: Geopolitical Factors - Ongoing geopolitical tensions, particularly between the US and EU over Greenland's sovereignty and trade, have heightened market anxiety, contributing to the demand for safe-haven assets [3]. - The potential risks from global conflicts and the uncertain geopolitical landscape have kept market sentiment tense, further driving the demand for silver, which has a smaller market size and concentrated liquidity [3]. Group 3: Economic and Monetary Uncertainties - The weakening credit of the US dollar, which has dropped to 56% of global foreign exchange reserves by Q3 2025, alongside the growing US debt exceeding $38.5 trillion, has raised concerns about the dollar's long-term purchasing power [3]. - The acceleration of "de-dollarization" is evident, with 95% of surveyed central banks planning to increase gold holdings in the next 12 months, reinforcing the price support for precious metals [3]. Group 4: Supply and Demand Imbalance - The global silver market has faced a structural supply-demand imbalance for six consecutive years, with a projected supply gap of 203 million ounces by 2026, the highest in nearly a decade [4]. - Industrial demand for silver, particularly from sectors like photovoltaics, AI servers, and electric vehicles, accounts for over 60% of total demand and continues to grow, while supply is constrained due to the long production cycles of silver mining [4]. Group 5: Market Sentiment and Future Outlook - There is a notable divergence in market sentiment regarding the future of precious metals; optimistic views suggest that ongoing geopolitical risks and the expanding silver supply gap will sustain the bullish trend [5]. - Conversely, cautious perspectives highlight the potential for short-term corrections due to overbought conditions in silver and the possibility of industrial alternatives reducing silver demand [5]. - Key variables influencing future trends include the actual developments in geopolitical conflicts, the pace of Federal Reserve monetary policy, changes in silver supply-demand dynamics, and the flow of capital in response to dollar credit shifts [5].

Core Viewpoint - International precious metal prices experienced significant volatility, with both spot gold and silver reaching historical highs before retreating, driven by increased demand for safe-haven assets amid escalating geopolitical tensions [1] Group 1: Precious Metal Price Movements - Spot silver surged by 14.33% to $117.7285 per ounce before slightly declining to $102.9675, closing at $103.8625, a modest increase of 0.86% [1] - Spot gold broke the $5000 mark, peaking at $5111.11 per ounce with a rise of 2.57%, later settling around $5000, closing at $5008.35, reflecting a slight increase of 0.51% [1] Group 2: Market Influences - The escalation of geopolitical tensions has heightened market demand for safe-haven assets, contributing to the recent surge in international precious metal prices [1] - Goldman Sachs raised its gold price forecast for the end of 2026 from $4900 per ounce to $5400, indicating a shift in private sector asset allocation towards gold [1]

Group 1: Precious Metals Futures - Spot gold has historically broken the $5000 per ounce mark for the first time, just over 100 days after surpassing the $4000 mark on October 8, 2025 [1][4] - Spot gold continued to rise, breaking through $5010 per ounce (up 0.48%), $5020 per ounce (up 0.68%), and $5030 per ounce (up 0.89%) [1][4] - New York futures gold also increased, surpassing $5040 per ounce (up 0.46%), $5050 per ounce (up 0.66%), and $5060 per ounce (up 0.86%), ultimately breaking $5070 per ounce with a daily increase of 1.07% [1][4] - Market analysis indicates that increased gold purchases by central banks, geopolitical tensions, and economic uncertainty are key macro factors driving gold prices higher [1][4] - Spot silver also showed strong performance, breaking $105 per ounce (up 1.80%) and further surpassing $106 per ounce with a daily increase of 2.80% [1][4] Group 2: Energy and Shipping Futures - U.S. natural gas futures surged significantly due to winter storm impacts, with daily increases expanding beyond 10.00% (currently at $5.832 per million British thermal units) [3][7] - The price continued to rise, reaching over 19.00% increase, with the final reported price at $6.288 per million British thermal units [3][7]