[{"data":1,"prerenderedAt":186},["ShallowReactive",2],{"story-10475-cn":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":37,"questions":38,"relatedArticles":48,"body_color":184,"card_color":185},"10475",null,"白银的爆炸性上涨：业余投资者如何重塑贵金属市场","前所未有的散户投资激增改变了大宗商品交易格局",[],[10,11,12,13,14,15,16,17,18,19,20,21,22,18,23,24,25,26,27,28,24,29,30,31,17,32,33,34,23,35,25,36],"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2233425437/image_2233425437.jpg?io=getty-c-w630","https://m.economictimes.com/thumb/msid-126227655,width-1200,height-900,resizemode-4,imgsize-43308/silver.jpg","https://images.kitco.com/img/height_756,width_1340/icms/5e9d022f-2250-4d16-a3d2-760ed37eb9ca.jpeg","https://www.newsnationnow.com/wp-content/uploads/sites/108/2025/12/GettyImages-2252637659.jpg?strip=1","https://dylta6p24nxqg.cloudfront.net/images/1766975572.png","https://d32r1sh890xpii.cloudfront.net/news/1200x900/2025-12-26_cjbtty2dhv.jpg","https://static.toiimg.com/thumb/msid-126226067,width-1280,height-720,resizemode-4/126226067.jpg","https://www.thetimes.com/imageserver/image/%2Fmethode%2Ftimes%2Fprod%2Fweb%2Fbin%2F17836a21-b106-4812-9525-360266b8292f.jpg?crop=1500%2C844%2C0%2C78&resize=1200","https://images.barrons.com/im-27811970/?width=700&height=467","https://static.toiimg.com/thumb/msid-126216366,width-1280,height-720,resizemode-4/126216366.jpg","https://investingnews.com/media-library/image.jpg?id=61081150&width=400&height=225","https://micms.stonex.com/cdn-cgi/image/quality=80/sites/default/files/2023-04/Precious_metals_silver_bars_2.jpg","https://d37xq9ywodra7g.cloudfront.net/785247/uploads/df9bc150-e487-11f0-8108-1b49cd6961de_1200_630.jpeg","https://storage.googleapis.com/media.mwcradio.com/mimesis/2025-12/26/2025-12-26T024219Z_3_LYNXMPELBP01P_RTROPTP_3_GLOBAL-PRECIOUS.JPG","https://images.wsj.net/im-17417043?width=700&height=466","https://images.mktw.net/im-92119571?width=1260&height=947","https://static.ffx.io/images/$zoom_0.7354%2C$multiply_0.7554%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/03605a8c0d36aaca3f030f7f1c8acc9ca27a5c78f0c51febdcdbeacd3f7b08ab","https://www.binance.com/bapi/fe/resource/image?image=aHR0cHM6Ly9wdWJsaWMuYm5ic3RhdGljLmNvbS9zdGF0aWMvY29udGVudC9zcXVhcmUvaW1hZ2VzLzk5ZjkyOGQ3MWJkZTQ3MTlhMDYwYjgyMTVhOTI3YWVjLmpwZw==&level=lg","https://editorial.fxsstatic.com/images/i/Silver4_XtraLarge.png","https://europeanbusinessmagazine.com/wp-content/uploads/2024/04/gold.jpeg","https://images.moneycontrol.com/static-mcnews/2025/12/20251226022430_gold-silver.jpg?impolicy=website&width=1600&height=900","https://www.nasdaq.com/sites/acquia.prod/files/2019-05/0902-Q19%20Total%20Markets%20photos%20and%20gif_CC8.jpg","https://images.kitco.com/img/height_756,width_1340/icms/095a8f80-e5bf-45e5-bf9b-6c0833433628.png","https://i.guim.co.uk/img/media/ea4ca1e0eb5e75aaefcb0dbac40c80a3f4af7fd4/432_0_4320_3456/master/4320.jpg?width=465&dpr=1&s=none&crop=none","https://responsive.fxempire.com/v7/_fxempire_/2025/12/XAUUSD_2025-12-28_14-51-45.png?func=crop&q=70","https://wehco.media.clients.ellingtoncms.com/imports/adg/img/2025/12/28/211852156_gold-silver-bg_7OIJ25UROJD63BWYCYBWTAH3KQ_t320.jpg?fa67021387348b8667950d2a49bd5d6642c5ab68","https://m.economictimes.com/thumb/msid-126189066,width-1200,height-900,resizemode-4,imgsize-100980/gold-and-silver-price-today-prediction-and-forecast-reflects-record-price-movement-in-gold-silver-platinum-and-palladium-amid-rate-cut-expectations-and-supply-constraints.jpg","贵金属市场正经历一个变革时刻，白银成为戏剧性投资叙事中出人意料的主角。2025年，白银价格从每盎司29.50美元飙升至近80美元，涨幅高达170%，这从根本上重塑了投资者对有形资产的看法。\n\n散户投资者的行为正在推动这一非凡的市场转变。与传统投资模式不同，以33岁的货运经理杰伊·穆勒尔为例，新一代业余投资者正在通过数字平台积极积累实物白银。YouTube投资内容和在线社区已经成为强大的催化剂，将资金从加密货币等数字资产转移到实物金属投资上。\n\n市场动态揭示了一种深刻的战略转型。超过1亿盎司的白银流入西方ETF，57%的散户投资者预计白银将在2026年交易价格超过每盎司100美元。这不仅仅是价格投机——它代表着更深层的经济信号。投资者正在寻求有形资产作为对冲经济不确定性的工具，将白银不仅仅视为一种商品，而是一种战略性金融工具。\n\n至关重要的是，这一趋势不仅仅局限于纯粹的投资。太阳能产业目前消耗了大约20%的白银供应，增加了工业需求层，进一步复杂化了市场动态。供应挑战正在从伦敦等传统中心转移到上海等新兴力量，这表明了大宗商品市场更广泛的地缘政治重组。\n\n对于电商和投资平台来说，这代表着一个重要的空白市场。卖家可以扩大产品供应范围，包括投资级白银、收藏币和相关配件。日益增长的兴趣表明，潜在的市场细分正在寻求将数字可访问性与实物资产安全性相结合的替代投资策略。",[39,42,45],{"title":40,"answer":41,"author":5,"avatar":5,"time":5},"为什么业余投资者突然对白银感兴趣了？","业余投资者被白银的显著价格上涨（2025年上涨170%）、数字平台的可及性以及在经济不确定时期将白银视为有形、稳定资产的观念所吸引。在线投资内容和社区讨论在此趋势中发挥了关键作用。",{"title":43,"answer":44,"author":5,"avatar":5,"time":5},"2025 年，是什么让白银与其他投资资产有所不同？","与股票或加密货币等数字资产不同，白银提供了一种实物投资选择，具有双重价值——既是金融工具，也是工业商品。太阳能产业 20% 的白银消耗增加了一种独特的供应端稳定性，吸引了寻求超越投机回报的投资者。",{"title":46,"answer":47,"author":5,"avatar":5,"time":5},"电子商务平台可以如何利用这一白银投资趋势获利？","电商平台可以开发专门的投资级白银、收藏币及相关配件的市场。通过提供便捷的数字渠道购买实物金属投资，平台可以抓住日益增长的散户投资者群体，他们正在寻求另类、有形的投资策略。",[49,54,58,61,65,70,74,78,83,86,89,93,97,102,106,109,113,117,121,125,129,133,137,141,145,149,153,156,160,164,168,172,176,180],{"id":50,"title":51,"source":52,"logo":25,"time":53},170508,"Here’s the setup for silver and gold heading into 2026","https://www.marketwatch.com/story/heres-the-setup-for-silver-and-gold-heading-into-2006-df781252?gaa_at=eafs&gaa_n=AWEtsqdbPztVACxgwfYqWm__RyBNSWvuwAZAZvP1HlivfW0Z07M6tVP47rKy&gaa_ts=6952746d&gaa_sig=EZ1LnOvqFx8vJkJQ3pm-CAm27M6ED4NNSPv2dNcX5BGcylEAquUPHYxqgv2_BGI5JS71Ez86hiXGee6MQR4LtQ%3D%3D","4天前",{"id":55,"title":56,"source":57,"logo":24,"time":53},169480,"Silver’s Runaway Rally Sweeps Up Amateur Investors","https://www.wsj.com/finance/commodities-futures/silvers-runaway-rally-sweeps-up-amateur-investors-629799e7?gaa_at=eafs&gaa_n=AWEtsqfHpbMntkxoAv7mV53ZbENbkbZaU1dpdHvHqqR1FbvIMKOCJB-6aGL7&gaa_ts=69523c13&gaa_sig=ZgS0Gz1opUKM4HffLal5oC1kOblsjdMDaRFjJeZqhyLiW25lh9o1lNzTi_HJ9QKtciRmgk6DMsHxvVQVnPlavQ%3D%3D",{"id":59,"title":56,"source":60,"logo":24,"time":53},170507,"https://www.wsj.com/finance/commodities-futures/silvers-runaway-rally-sweeps-up-amateur-investors-629799e7?gaa_at=eafs&gaa_n=AWEtsqdqwCpc4kq7jSMyFSJevEGw8O3b5C-0rJJFQ7e5VFVhTcg_0pHt2ExA&gaa_ts=6952746d&gaa_sig=HdQ4-mzz4l8tXUNKlcavxPUWxDeOLTWRROKfgrkkHynnX5G0FJJ79JDs6rUZnAhcXht2L-M8pSWQJmliR57rVA%3D%3D",{"id":62,"title":63,"source":64,"logo":18,"time":53},170506,"Silver Topped Gold In 2025. It’s Copper’s Turn.","https://www.barrons.com/articles/silver-gold-copper-prices-fa6736e1?gaa_at=eafs&gaa_n=AWEtsqdmyMWbfgXHtnjttfm4fbIwu9Evtq75u50DZz4iGYKYMSQ5FUYiJ8Kg&gaa_ts=6952746d&gaa_sig=EizqDEGXCIoqiShjpzydqV3e14AFwj34ncYLtiqARIpMibypZAd1FPqeVUsdAhAZrXnwpuT080lUDDsLXlulKg%3D%3D",{"id":66,"title":67,"source":68,"logo":35,"time":69},170505,"Gold and silver smash records again as rally gathers momentum","https://www.texarkanagazette.com/news/2025/dec/27/gold-and-silver-smash-records-again-as-rally/","3天前",{"id":71,"title":72,"source":73,"logo":17,"time":53},170509,"Don’t bank on gold’s meteoric price rise being merely a bubble","https://www.thetimes.com/business/economics/article/gold-price-could-go-much-further-ian-king-7cjv3r2dv?gaa_at=eafs&gaa_n=AWEtsqflElvvVk8crgODCRqpiCTvy_6xp65-xdRoc5mfWVfMUgBvBh8_w0fz&gaa_ts=6952746d&gaa_sig=4jK3Ue3cAaFLokQeaYdlT7--yDBLRvImxaGMx824RIIn-NNXIZ8MEYnzvjeXWPmE8wiu5-2ciQ0sNiLtBbBosA%3D%3D",{"id":75,"title":76,"source":77,"logo":15,"time":53},169335,"Precious Metals Rally Extends As Safe Haven Demand Surges","https://oilprice.com/Latest-Energy-News/World-News/Precious-Metals-Rally-Extends-As-Safe-Haven-Demand-Surges.html",{"id":79,"title":80,"source":81,"logo":33,"time":82},169478,"Silver and other precious metals hit new peaks before falling back; oil price rises after Trump-Zelenskyy meeting – business live","https://www.theguardian.com/business/live/2025/dec/29/silver-precious-metals-prices-fed-rate-cut-oil-rises-trump-zelenskyy-meeting-business-live","2天前",{"id":84,"title":63,"source":85,"logo":18,"time":53},169334,"https://www.barrons.com/articles/silver-gold-copper-prices-fa6736e1?gaa_at=eafs&gaa_n=AWEtsqcdn5Dgq6J-58LERQBL_3SygmS3aU-f8-1dWJU13G37-SlrFqKGdslU&gaa_ts=69523c13&gaa_sig=k3PPSfdCmKxr_ByMILXWr1KlzLDw02EkDiiRD8469P_BCzq081aRZtnQThOOXG6JWYd9ARBM0qe_3iuL70h29A%3D%3D",{"id":87,"title":51,"source":88,"logo":25,"time":53},169337,"https://www.marketwatch.com/story/heres-the-setup-for-silver-and-gold-heading-into-2006-df781252?gaa_at=eafs&gaa_n=AWEtsqeqcJ9mDjeOH948YJPugDjQUS3zY9oopgncx911xA24Xz7P67jNgMTq&gaa_ts=69523c13&gaa_sig=FEiusfJvKU59C8agKVzYtLsROtVPiHUTr7Gga5EgQNexxIXMaiSEkkqjwIEH91vJ93Y4N0mfGbBtHNIo1Wv9Kg%3D%3D",{"id":90,"title":91,"source":92,"logo":32,"time":53},169336,"Gold and Silver Futures Surge to Historic Heights as Precious Metals Rally Accelerates","https://www.kitco.com/opinion/2025-12-26/gold-and-silver-futures-surge-historic-heights-precious-metals-rally-accelerates",{"id":94,"title":95,"source":96,"logo":5,"time":53},169479,"As Gold Smashes Records Above $4,500, These 2 Miners Are a Must-Buy Today","https://finance.yahoo.com/news/gold-smashes-records-above-4-111512423.html",{"id":98,"title":99,"source":100,"logo":23,"time":101},169339,"Spot silver extends rally to hit $75 per ounce for first time","https://whbl.com/2025/12/25/spot-silver-extends-rally-to-hit-75-per-ounce-for-first-time/","5天前",{"id":103,"title":104,"source":105,"logo":20,"time":69},170504,"Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices and Key Drivers","https://investingnews.com/jeffrey-christian-june-2025/",{"id":107,"title":72,"source":108,"logo":17,"time":53},169338,"https://www.thetimes.com/business/economics/article/gold-price-could-go-much-further-ian-king-7cjv3r2dv?gaa_at=eafs&gaa_n=AWEtsqepclbMgRkZ7L3fhYYl9BbL_X88qgeIS5X-4k6QB28x_CCZCwiPibqp&gaa_ts=69523c13&gaa_sig=NYKFXrYQMccSwdoxS6--z7kSU1-iLMyOI_0dg2Zo1onynmNEk81xleRDD13TtIoInxR8p1VCRNHu4b6Kze1cMg%3D%3D",{"id":110,"title":111,"source":112,"logo":5,"time":82},170503,"Gold prices tick down from record high amid profit taking; silver hits new peak","https://www.investing.com/news/commodities-news/gold-prices-tick-down-from-record-high-amid-profit-taking-silver-hits-new-peak-4423360",{"id":114,"title":115,"source":116,"logo":16,"time":82},170502,"Gold price prediction today: What is the gold price outlook this week? Gold may head towards Rs 1,45,000","https://timesofindia.indiatimes.com/business/india-business/gold-price-prediction-what-is-the-gold-rate-outlook-for-december-29-2025-week-should-you-buy-or-sell-mcx-gold/articleshow/126226040.cms",{"id":118,"title":119,"source":120,"logo":28,"time":82},170501,"Forex Today: Gold and Silver correct from record peaks","https://www.fxstreet.com/news/forex-today-gold-and-silver-correct-from-record-peaks-202512290644",{"id":122,"title":123,"source":124,"logo":11,"time":82},170523,"Silver price crashes Rs 21,000 in an hour as overheated rally cools after breaching Rs 2.5 lakh/kg","https://m.economictimes.com/markets/commodities/news/silver-price-crashes-by-rs-21000-in-1-hour-as-sanity-prevails-after-overheated-rally/articleshow/126227208.cms",{"id":126,"title":127,"source":128,"logo":21,"time":53},169331,"Silver 2026 outlook: The trade to watch","https://www.forex.com/en-us/news-and-analysis/silver-2026-outlook-the-trade-to-watch/",{"id":130,"title":131,"source":132,"logo":27,"time":53},169330,"ShabbirK(@shabbirkagalwala)'s insights","https://www.binance.com/en/square/post/34271734269154",{"id":134,"title":135,"source":136,"logo":36,"time":101},169333,"Gold and silver price today, prediction and forecast: Why precious metals rates are rising and should you","https://m.economictimes.com/news/international/us/gold-and-silver-price-today-prediction-and-forecast-why-precious-metals-rates-are-rising-and-should-you-buy-or-wait-for-now-heres-full-analysis-platinum-palladium/articleshow/126188987.cms",{"id":138,"title":139,"source":140,"logo":10,"time":53},169332,"The 2025 Metal Frenzy: A Year-End Wrap-Up And 2026 Outlook","https://seekingalpha.com/article/4855952-2025-metal-frenzy-year-end-wrap-up-2026-outlook",{"id":142,"title":143,"source":144,"logo":13,"time":69},169324,"Gold prices hit record high — is that good or bad?","https://www.newsnationnow.com/business/your-money/gold-prices-record-high/",{"id":146,"title":147,"source":148,"logo":14,"time":82},169323,"Gold prices attempt to gain bullish momentum- Analysis-29-12-2025","https://www.economies.com/commodities/gold-analysis/gold-prices-attempt-to-gain-bullish-momentum--analysis-29-12-2025-123704",{"id":150,"title":151,"source":152,"logo":31,"time":82},170499,"Gold and Silver Have Gone Parabolic -- and the Primary Catalyst Behind This Move Isn't What You Think It Is","https://www.nasdaq.com/articles/gold-and-silver-have-gone-parabolic-and-primary-catalyst-behind-move-isnt-what-you-think",{"id":154,"title":99,"source":155,"logo":23,"time":101},170510,"https://wtaq.com/2025/12/25/spot-silver-extends-rally-to-hit-75-per-ounce-for-first-time/",{"id":157,"title":158,"source":159,"logo":34,"time":82},169326,"Gold (XAUUSD) Price Forecast: Gold Price Future Risk Grows as Market Goes Vertical","https://www.fxempire.com/forecasts/article/gold-xauusd-price-forecast-gold-price-future-risk-grows-as-market-goes-vertical-1569977",{"id":161,"title":162,"source":163,"logo":22,"time":82},170498,"After silver and gold reached record highs, traders are now watching another metal closely","https://marketrealist.com/why-is-copper-surging-and-should-you-invest-in-copper/",{"id":165,"title":166,"source":167,"logo":29,"time":69},169325,"Gold’s Great Reawakening: How Banks and Traders Are Turning a Bullion Boom into a Profit Machine","https://europeanbusinessmagazine.com/news/golds-great-reawakening-how-banks-and-traders-are-turning-a-bullion-boom-into-a-profit-machine/",{"id":169,"title":170,"source":171,"logo":19,"time":82},169328,"Gold-silver prices outlook: Bullion set to stay firm as Fed minutes awaited; pace of gains may cool after","https://timesofindia.indiatimes.com/business/india-business/gold-silver-outlook-bullion-set-to-stay-firm-as-fed-minutes-awaited-pace-of-gains-may-cool-after-2025-surge/articleshow/126216267.cms",{"id":173,"title":174,"source":175,"logo":26,"time":69},169327,"Gold and silver smash records as rally gathers momentum","https://www.theage.com.au/business/markets/gold-and-silver-smash-records-as-rally-gathers-momentum-20251228-p5nqc6.html",{"id":177,"title":178,"source":179,"logo":30,"time":69},169329,"Fed minutes next, then 2026: gold seen heading toward Rs 1,50,000–1,55,000; silver eyes Rs 2,75,000","https://www.moneycontrol.com/news/business/commodities/fed-minutes-next-then-2026-gold-seen-heading-toward-rs-1-50-000-1-55-000-silver-eyes-rs-2-75-000-13745641.html",{"id":181,"title":182,"source":183,"logo":12,"time":53},170571,"57% of retail investors expect silver to trade above $100/oz in 2026, experts see further gains but warn of downside risks","https://www.kitco.com/news/article/2025-12-26/57-retail-investors-expect-silver-trade-above-100oz-2026-experts-see","#a67647ff","#a676474d",1767209478517]