<p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/krishna-ahirao-iyer/user_content/ckimages/orig_zlataky-cz-kmzbzuybwkm-unsplash%20(2).webp?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/krishna-ahirao-iyer/user_content/ckimages/orig_zlataky-cz-kmzbzuybwkm-unsplash%20(2).webp"/></p>
<p><em>图片来源：Zlaťáky.cz，来自 Unsplash</em></p>
<p>银价在过去一年中飙升，价值翻了三倍，主要受到需求激增和全球不确定性的推动。从 2025 年初的每盎司约 30 美元，现在该金属的交易价格已超过每盎司 90 美元，受工业应用、供应限制和宏观经济因素的驱动。突破 100 美元的门槛似乎不可避免，当前没有立即的催化剂能够阻止这一势头。</p>
<p>分析师预计到 2026 年银价将继续上涨，受到持续通胀、地缘政治紧张局势和结构性市场赤字的推动。随着投资者寻求多样化，像银这样的实物资产应当出现在每个全面的投资组合中。今天把握这一趋势的最佳方式是通过 <strong>iShares Silver Trust</strong>（SLV），它提供无缝的投资机会，而无需承担实物持有的麻烦。</p>
<h2>银价飙升的驱动因素</h2>
<p>银价的上涨源于工业需求、实物短缺和更广泛经济条件的完美风暴。工业用途占全球银消费的超过一半，绿色能源和科技行业的爆炸性增长推动了这一需求。太阳能电池板每个单位需要约 20 克银，而电动车的电子设备则需要 25 到 50 克银——预计到 2030 年，这一需求将增长四倍，因为能源转型正在加速。人工智能数据中心、5G 基础设施和国防制造在中东和东欧的地缘政治动荡中进一步加剧了供应紧张。</p>
<p>实物短缺加剧了这一上升趋势，2025 年将是市场赤字连续第五年超过 5 亿盎司。矿山生产滞后，因新发现有限和运营挑战，无法迅速提升产量。</p>
<p><em>(点击图片放大)</em></p>
<p><img src="https://imageproxy.pbkrs.com/https://moneymorning.com/wp-content/blogs.dir/1/files/2026/01/SLV-Chart.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1560" height="692" original-src="https://imageproxy.pbkrs.com/https://moneymorning.com/wp-content/blogs.dir/1/files/2026/01/SLV-Chart.png"/></p>
<p>宏观经济的顺风因素进一步推动了银价的上涨，包括通胀率超过美联储 2% 的目标、预计在 2026 年降息，以及各国央行寻求多样化储备的去美元化努力。美国的债务问题和贸易紧张局势也增强了银作为避险资产的吸引力，使得这种白色金属在这些因素没有减弱迹象的情况下，持续上涨。</p>
<h2>为什么 SLV 是最佳选择</h2>
<p>iShares Silver Trust 是一种交易所交易基金（ETF），通过在安全的金库中持有实物银条来跟踪伦敦金银市场协会（LBMA）银价，由 <strong>BlackRock</strong>（BLK）管理。该基金资产超过 450 亿美元，持有 5.247 亿盎司银，提供直接的价格暴露，费用比率仅为 0.50%。</p>
<p>SLV 通过消除存储、保险和安全成本，避免了持有实物银条的劣势，同时避免了可能达到 5% 到 10% 的金币或银条溢价。它流动性极高，像股票一样交易，买卖差价紧密，使得即时买入或卖出无需经销商加价。</p>
<p>与个别银矿或流媒体公司相比，SLV 避免了生产延迟、成本上升或管理问题等运营风险，这些风险可能导致即使在银价上涨时也出现表现不佳。矿业公司提供杠杆，但也放大了波动性。SLV 提供了与银价上涨的纯粹、可预测的相关性。</p>
<h2>总结</h2>
<p>尽管黄金与推动其创下历史新高的许多因素相同——如对抗通胀和地缘政治避险地位——但银凭借其强劲的工业用途在稀缺性和宏观事件的推动下更具优势。每盎司银的价格也更为实惠，使得更多投资者能够参与。</p>
<p>iShares Silver Trust 简化了捕捉这一潜力的过程，提供了最简单、最干净的方式来获取银价的剩余收益，而无需承担替代方案的缺点。</p>
<hr/>
<p><em>更多来自此作者的文章：</em></p>
<p>新的食物金字塔能拯救 Beyond Meat 吗？</p>
<p>埃克森美孚刚刚让新一轮石油繁荣的希望破灭？</p>
<p>特朗普总统刚刚点燃了 Opendoor Technologies 股票的火花。</p>

白银信托 ETF - iShares

<p>银价已飙升至每盎司超过 90 美元，主要受到工业需求、供应限制和宏观经济因素的推动，预计可能超过 100 美元。iShares 银信托（SLV）被推荐给希望在不承担实物拥有麻烦的情况下接触银的投资者。SLV 提供直接的价格暴露、高流动性，并避免与银矿开采相关的操作风险。持续的市场赤字和日益增长的工业使用，特别是在绿色能源和技术领域，进一步支持了银价的上升趋势，使其成为投资组合中一个引人注目的补充</p>

<p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/krishna-ahirao-iyer/user_content/ckimages/orig_zlataky-cz-kmzbzuybwkm-unsplash%20(2).webp" alt="" original-src="https://talkmarkets.com/contributor/krishna-ahirao-iyer/user_content/ckimages/orig_zlataky-cz-kmzbzuybwkm-unsplash%20(2).webp"/></p>
<div class="lb-trans"><p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/krishna-ahirao-iyer/user_content/ckimages/orig_zlataky-cz-kmzbzuybwkm-unsplash%20(2).webp" alt="" original-src="https://talkmarkets.com/contributor/krishna-ahirao-iyer/user_content/ckimages/orig_zlataky-cz-kmzbzuybwkm-unsplash%20(2).webp"/></p>
</div><p><em>Photo by Zlaťáky.cz on Unsplash</em></p>
<div class="lb-trans"><p><em>图片来源：Zlaťáky.cz，来自 Unsplash</em></p>
</div><p>Silver has staged a meteoric rise, tripling in value over the past year amid surging demand and global uncertainties. From around $30 per ounce in early 2025, the metal now trades at over $90 per ounce today, driven by industrial applications, supply constraints, and macroeconomic factors. Breaking through the $100 threshold appears inevitable, with no immediate catalysts to halt the momentum.</p>
<div class="lb-trans"><p>银价在过去一年中飙升，价值翻了三倍，主要受到需求激增和全球不确定性的推动。从 2025 年初的每盎司约 30 美元，现在该金属的交易价格已超过每盎司 90 美元，受工业应用、供应限制和宏观经济因素的驱动。突破 100 美元的门槛似乎不可避免，当前没有立即的催化剂能够阻止这一势头。</p>
</div><p>Analysts project continued gains into 2026, fueled by persistent inflation, geopolitical tensions, and a structural market deficit. As investors seek diversification, physical assets like silver belong in every well-rounded portfolio. The optimal way to capitalize on this trend today is through the <strong>iShares Silver Trust</strong> (SLV), offering seamless exposure without the hassles of physical ownership.</p>
<div class="lb-trans"><p>分析师预计到 2026 年银价将继续上涨，受到持续通胀、地缘政治紧张局势和结构性市场赤字的推动。随着投资者寻求多样化，像银这样的实物资产应当出现在每个全面的投资组合中。今天把握这一趋势的最佳方式是通过 <strong>iShares Silver Trust</strong>（SLV），它提供无缝的投资机会，而无需承担实物持有的麻烦。</p>
</div><h2>The Drivers Behind Silver's Surge</h2>
<div class="lb-trans"><h2>银价飙升的驱动因素</h2>
</div><p>Silver's rally stems from a perfect storm of industrial demand, physical shortages, and broader economic conditions. Industrial usage accounts for over half of global silver consumption, with explosive growth in green energy and technology sectors. Solar panels require about 20 grams per unit, while electric vehicles use 25 to 50 grams for electronics – demands projected to quadruple by 2030 as the energy transition accelerates. AI data centers, 5G infrastructure, and defense manufacturing further strain supplies amid geopolitical unrest in the Middle East and Eastern Europe.</p>
<div class="lb-trans"><p>银价的上涨源于工业需求、实物短缺和更广泛经济条件的完美风暴。工业用途占全球银消费的超过一半，绿色能源和科技行业的爆炸性增长推动了这一需求。太阳能电池板每个单位需要约 20 克银，而电动车的电子设备则需要 25 到 50 克银——预计到 2030 年，这一需求将增长四倍，因为能源转型正在加速。人工智能数据中心、5G 基础设施和国防制造在中东和东欧的地缘政治动荡中进一步加剧了供应紧张。</p>
</div><p>Physical shortages exacerbate the uptrend, with 2025 marking the fifth consecutive year of market deficits, exceeding 500 million ounces. Mine production is lagging, unable to ramp up quickly due to limited new discoveries and operational challenges.</p>
<div class="lb-trans"><p>实物短缺加剧了这一上升趋势，2025 年将是市场赤字连续第五年超过 5 亿盎司。矿山生产滞后，因新发现有限和运营挑战，无法迅速提升产量。</p>
</div><p><em>(Click on image to enlarge)</em></p>
<div class="lb-trans"><p><em>(点击图片放大)</em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://moneymorning.com/wp-content/blogs.dir/1/files/2026/01/SLV-Chart.png" alt="" original-src="https://moneymorning.com/wp-content/blogs.dir/1/files/2026/01/SLV-Chart.png"/></p>
<p>Macroeconomic tailwinds add to silver's momentum, including inflation above the Federal Reserve's 2% target, anticipated interest rate cuts in 2026, and de-dollarization efforts by central banks seeking to diversify their reserves. U.S. debt concerns and trade tensions also burnish silver's safe-haven appeal, positioning the white metal for sustained increases as these factors show no signs of abating.</p>
<div class="lb-trans"><p>宏观经济的顺风因素进一步推动了银价的上涨，包括通胀率超过美联储 2% 的目标、预计在 2026 年降息，以及各国央行寻求多样化储备的去美元化努力。美国的债务问题和贸易紧张局势也增强了银作为避险资产的吸引力，使得这种白色金属在这些因素没有减弱迹象的情况下，持续上涨。</p>
</div><h2>Why SLV Stands Out as the Top Choice</h2>
<div class="lb-trans"><h2>为什么 SLV 是最佳选择</h2>
</div><p>The iShares Silver Trust is an exchange-traded fund (ETF) that tracks the London Bullion Market Association (LBMA) Silver Price by holding physical silver bullion in secure vaults, managed by <strong>BlackRock</strong> (BLK). With over $45 billion in assets and 524.7 million ounces of silver, it provides direct price exposure minus a modest 0.50% expense ratio.</p>
<div class="lb-trans"><p>iShares Silver Trust 是一种交易所交易基金（ETF），通过在安全的金库中持有实物银条来跟踪伦敦金银市场协会（LBMA）银价，由 <strong>BlackRock</strong>（BLK）管理。该基金资产超过 450 亿美元，持有 5.247 亿盎司银，提供直接的价格暴露，费用比率仅为 0.50%。</p>
</div><p>SLV outperforms owning physical bullion by eliminating storage, insurance, and security costs, while avoiding premiums over spot prices that can reach 5% to 10% for coins or bars. It's highly liquid, trading like a stock with tight bid-ask spreads, enabling instant buys or sells without dealer markups.</p>
<div class="lb-trans"><p>SLV 通过消除存储、保险和安全成本，避免了持有实物银条的劣势，同时避免了可能达到 5% 到 10% 的金币或银条溢价。它流动性极高，像股票一样交易，买卖差价紧密，使得即时买入或卖出无需经销商加价。</p>
</div><p>Compared to individual silver miners or streamers, SLV avoids operational risks like production delays, rising costs, or management issues that can cause underperformance even as silver prices climb. Miners offer leverage but amplify volatility. SLV delivers pure, predictable correlation to silver's upside.</p>
<div class="lb-trans"><p>与个别银矿或流媒体公司相比，SLV 避免了生产延迟、成本上升或管理问题等运营风险，这些风险可能导致即使在银价上涨时也出现表现不佳。矿业公司提供杠杆，但也放大了波动性。SLV 提供了与银价上涨的纯粹、可预测的相关性。</p>
</div><h2>Bottom Line</h2>
<div class="lb-trans"><h2>总结</h2>
</div><p>Although gold shares many of the same drivers pushing it to record highs – like inflation hedging and geopolitical safe-haven status – silver edges ahead with robust industrial uses that are amplified by scarcity and macro events. It's also more affordable per ounce, making it accessible for a broader number of investors.</p>
<div class="lb-trans"><p>尽管黄金与推动其创下历史新高的许多因素相同——如对抗通胀和地缘政治避险地位——但银凭借其强劲的工业用途在稀缺性和宏观事件的推动下更具优势。每盎司银的价格也更为实惠，使得更多投资者能够参与。</p>
</div><p>The iShares Silver Trust simplifies capturing this potential, offering the easiest, cleanest path to silver's remaining gains without the drawbacks of the alternatives.</p>
<div class="lb-trans"><p>iShares Silver Trust 简化了捕捉这一潜力的过程，提供了最简单、最干净的方式来获取银价的剩余收益，而无需承担替代方案的缺点。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的文章：</em></p>
</div><p>Can The New Food Pyramid Save Beyond Meat?</p>
<div class="lb-trans"><p>新的食物金字塔能拯救 Beyond Meat 吗？</p>
</div><p>Did Exxon Mobil Just Dash Hope For A New Oil Boom?</p>
<div class="lb-trans"><p>埃克森美孚刚刚让新一轮石油繁荣的希望破灭？</p>
</div><p>President Trump Just Lit A Fuse Under Opendoor Technologies Stock</p>
<div class="lb-trans"><p>特朗普总统刚刚点燃了 Opendoor Technologies 股票的火花。</p>
</div>

随着银价逼近 100 美元，这是当前最佳的白银投资选择