#美国消费者物价指数发布在即 Silver's recent market movement can be said to have truly gained a foothold—closing at 90.984. Although the increase isn't dramatic (0.28%), breaking through the 90 level carries a different significance. Now it has reached the position of the world's second-largest precious metal asset. During the same period, gold @XAU@ is also rising, but its momentum is clearly not as strong as silver @XAG@.

Why can silver perform like this? Ultimately, it's the resonance of two forces: one is actual demand—solar photovoltaic and new energy sectors are indeed well-fed, supported by industrial attributes; the other is the rising risk aversion sentiment. Capital allocation towards silver has significantly increased. The technical aspect is also quite interesting; after breaking 90, the moving averages are in a bullish alignment, and the upward momentum seems to still be there.

But risks must also be clearly recognized. If the US dollar index rebounds, if the Federal Reserve's policies change again, and if industrial metal demand data fail to meet expectations, this silver rally could adjust at any time. The precious metals market has always been a game of multiple factors, and investors should remain vigilant.