<p>周一，银价跌破每盎司 77 美元，此前两个交易日下跌超过 13%，随着中东引发的能源价格冲击对更广泛的通胀趋势产生影响，市场对央行政策收紧的预期加剧。</p>
<p>由于美国通胀数据高于预期，导致投资者排除了美联储今年降息的可能性，同时也增加了政策制定者在年末前仍可能加息的押注，美元走强和国债收益率上升也给金属施加了压力。</p>
<p>瑞银策略师进一步下调了全年银投资需求预测，从超过 4 亿盎司降至 3 亿盎司，原因是工业需求疲软和矿山供应增加。</p>
<p>该银行还预计全球银市赤字将显著缩小至约 6000 万至 7000 万盎司，而之前的估计约为 3 亿盎司。</p>

2 倍做多白银 ETF - ProShares

实物白银股票 ETF - ETFS

SLVR

白银信托 ETF - iShares

白银矿业股 ETF - GlobalX

<p>银价跌破每盎司 77 美元，在两个交易日内下跌超过 13%，原因是与能源价格上涨相关的通胀担忧。更强劲的美元和国债收益率上升，加上瑞银将银需求预测下调至 3 亿盎司，进一步给市场施加压力。全球银市的赤字预计将缩小至 6000 万至 7000 万盎司，低于 3 亿盎司</p>

<p>Silver traded below $77 an ounce on Monday after plunging more than 13% over the previous two sessions, as growing signs that the Middle East-driven energy price shock is spilling over into broader inflation trends reinforced expectations for tighter central bank policy.</p>
<div class="lb-trans"><p>周一，银价跌破每盎司 77 美元，此前两个交易日下跌超过 13%，随着中东引发的能源价格冲击对更广泛的通胀趋势产生影响，市场对央行政策收紧的预期加剧。</p>
</div><p>The metal also faced pressure from a stronger US dollar and rising Treasury yields after hotter-than-expected US inflation data prompted investors to rule out any Federal Reserve rate cuts this year, while also increasing bets that policymakers could still deliver a rate hike before year-end.</p>
<div class="lb-trans"><p>由于美国通胀数据高于预期，导致投资者排除了美联储今年降息的可能性，同时也增加了政策制定者在年末前仍可能加息的押注，美元走强和国债收益率上升也给金属施加了压力。</p>
</div><p>Further weighing on sentiment, UBS strategists sharply lowered their full-year silver investment demand forecast to 300 million ounces from more than 400 million ounces, citing softer industrial demand and rising mine supply.</p>
<div class="lb-trans"><p>瑞银策略师进一步下调了全年银投资需求预测，从超过 4 亿盎司降至 3 亿盎司，原因是工业需求疲软和矿山供应增加。</p>
</div><p>The bank also projected the global silver market deficit to narrow significantly to around 60–70 million ounces, compared with an earlier estimate of roughly 300 million ounces.</p>
<div class="lb-trans"><p>该银行还预计全球银市赤字将显著缩小至约 6000 万至 7000 万盎司，而之前的估计约为 3 亿盎司。</p>
</div>

由于通胀担忧，白银持续下跌