
Driven by risk aversion and expectations of monetary easing, institutions believe that metal prices are likely to rise and difficult to fall in the future
According to China Securities Journal, at the beginning of 2026, the metal market is continuing to showcase a "price increase feast." On January 14th, London spot silver once surged past USD 91 per ounce, while London spot gold aimed for USD 4,640 per ounce. The London Metal Exchange (LME) three-month futures for tin and copper respectively broke through historical highs of USD 52,000 per ton and USD 13,000 per ton; domestically, the main contract for Shanghai tin futures reached the limit up, standing above RMB 410,000 per ton

