--- title: "白银的涨幅超过了黄金，价格创下了历史新高" description: "银价今年已上涨约 75%，超过黄金的 59% 涨幅，现货银价最近超过每盎司 50 美元。分析师预测，到 2026 年银价可能达到每盎司 65 美元，主要受到经济不确定性下对避险资产需求的推动。供应限制和工业需求，特别是在电子和可再生能源领域，进一步支撑了价格上涨。美国银行和高盛已调整了他们的价格预测，一些分析师建议，由于银作为工业和避险资产的双重角色，银价在不久的将来可能超过 100 美元" type: "news" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/261281129.md" published_at: "2025-10-15T13:51:00.000Z" --- # 白银的涨幅超过了黄金，价格创下了历史新高 > 银价今年已上涨约 75%，超过黄金的 59% 涨幅，现货银价最近超过每盎司 50 美元。分析师预测，到 2026 年银价可能达到每盎司 65 美元，主要受到经济不确定性下对避险资产需求的推动。供应限制和工业需求，特别是在电子和可再生能源领域，进一步支撑了价格上涨。美国银行和高盛已调整了他们的价格预测，一些分析师建议，由于银作为工业和避险资产的双重角色，银价在不久的将来可能超过 100 美元 Spot silver last week surpassed the historic level of $50 per troy ounce in New York, eclipsing a record set in 1980. It was hovering at over $52 at the time of publishing. Silver bars of different sizes lie in a safe on a table at the precious metals dealer Pro Aurum in March 2023. Photo by DPA / Picture Alliance via Reuters Amid geopolitical tensions and economic uncertainties, investors have flocked to tangible assets like gold and silver, with the latter often seen as a more affordable safe-haven alternative. "There’s just a lot of concern about the global economy, and when that happens, people turn to hard assets like silver," Michael DiRienzo, CEO of the Silver Institute, told *CNN*. "Silver tends to follow gold upwards." On Monday, Bank of America analysts increased their price projections for gold and silver, marking the first major bank to set a 2026 outlook for gold at $5,000 per ounce and silver at $65 per ounce. The bank also cautioned about potential short-term volatility for silver, noting that prices could fluctuate as liquidity increases and demand wanes, though silver is expected to remain a preferred choice among investors. Goldman Sachs indicated that a recent liquidity squeeze may have driven silver’s price surge, but this shortage is likely temporary. The bank noted that higher silver prices in London are encouraging the metal to "flow back" from the U.S. and other regions, "gradually restoring liquidity." Other analysts are even more optimistic about the surge of silver. "I would not be surprised to see Silver well north of $100 in the not-too-distant future," Philippe Gijsels, chief strategy officer at Belgium-based bank BNP Paribas Fortis, told *CNBC*. Gijsels, who has been predicting $50 silver for over a year, added: "Big round numbers tend to attract investors like a magnet. Once that price gets in the gravitational field of the big numbers, we typically see an acceleration and a buying climax." Apart from the rising demand for safe-haven metals, silver is also sought after because of its industrial use, which sets it apart from gold. Silver is used in many electronics and renewable energy technologies. Analysts say that demand for data centers, solar panels, and smartphones, amid an AI boom, have amplified its price surge. "Its dual role as an industrial metal and safe-haven asset has amplified the rally, making 2025 a historic year for silver," Ewa Manthey, a commodities strategist at ING, told *CNN*. Silver jewelry is displayed in the Manhattan Jewelry district on October 14, 2025, in New York City. Photo by Getty Images via AFP Supply constraints are also supporting elevated prices. The silver market is experiencing its fifth consecutive year of structural supply deficits due to "stagnant mining output" failing to keep pace with demand, according to Peter Grant, vice president and senior metals strategist. "Strong and growing demand for silver, combined with a persistent supply deficit, is a recipe for higher prices." The shortage is visible in India, the world’s largest consumer of silver. In the first eight months of 2025, silver imports fell 42% to 3,302 tons, while investment demand, especially from exchange-traded funds, soared to record levels, *Reuters* reported. While macroeconomic and financial factors are fueling investment demand, the outlook for strong demand from technologies such as photovoltaics, electronics, and electric vehicles is adding support to prices. Matthew Piggott, director of gold and silver at Metals Focus, said: "We see silver following gold and continuing to climb to breach the $60 level in 2026." ### Related Stocks - [GS.US - 高盛](https://longbridge.com/zh-CN/quote/GS.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Gold's rally isn't a sign of a commodity supercycle, Goldman Sachs says | Gold's rally isn't a sign of a commodity supercycle, Goldman Sachs says | [Link](https://longbridge.com/zh-CN/news/276038117.md) | | Goldman Sachs plans to drop diversity factors from board candidate criteria, WSJ reports | Feb 16 (Reuters) - Goldman Sachsis preparing to remove race, gender identity, sexual orientation, and other diversity fa | [Link](https://longbridge.com/zh-CN/news/276088526.md) | | Silver Mania Is Over — And The Late Bulls Are Trapped | Silver's recent volatility has led to a selloff, leaving many late investors trapped. 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