<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/01/scottsdale-mint-xN4QdAn4aJw-unsp-scaled-1.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="2560" height="1707" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/01/scottsdale-mint-xN4QdAn4aJw-unsp-scaled-1.jpg"/></p>
<p>周二，银价下跌，投资者在市场不确定性加剧以及对利率和全球经济增长预期变化的背景下保持谨慎。</p>
<p>根据路透社的报道，现货银下跌 1.3%，至每盎司 76.63 美元，此前在贵金属市场的波动后继续下跌。</p>
<p>尽管交易者关注中东局势和美元及国债收益率的变化，但该金属仍然承压。</p>
<h2>反弹尝试仍然有限</h2>
<p>银价在本周早些时候承压后，曾试图在亚洲交易中稳定。然而，由于投资者继续重新评估通胀、货币政策和工业需求的前景，涨幅仍然有限。</p>
<p>在商品、货币和全球债券市场近期波动后，整体市场情绪也保持脆弱。</p>
<p>分析师表示，银价继续受到高企的国债收益率和利率可能维持较高水平的预期的压力。</p>
<h2>动能保持谨慎</h2>
<p>市场参与者对银的短期前景保持谨慎，交易者在安全避风港需求与全球经济增长放缓的担忧之间权衡。</p>
<p>与黄金不同，银受到工业需求的重大影响，因为它在电子产品、太阳能电池板和制造供应链中被广泛使用。</p>
<p>这使得银不仅对地缘政治发展和利率预期敏感，还对美国和中国等主要经济体的经济活动整体趋势敏感。</p>
<h2>关键水平仍然受到关注</h2>
<p>交易者密切关注 76-77 美元区间，此前银价在周二的交易中下滑。</p>
<p>分析师表示，工业金属的进一步疲软和美元的持续强势可能在短期内对银价施加压力。</p>
<p>与此同时，任何国债收益率的放松或地缘政治不确定性的重新出现可能有助于稳定对贵金属的情绪。</p>
<h2>关注美元、利率和工业需求</h2>
<p>银价对美元强度、利率预期和整体风险偏好的变化高度敏感。</p>
<p>作为一种不产生收益的以美元计价的资产，银通常在美元走强或国债收益率上升时承压。</p>
<p>相反，收益率下降和美元走弱的环境往往会支持贵金属。</p>
<p>工业需求在银价中也发挥着重要作用，因为该金属在电子产品、清洁能源基础设施和制造业中被广泛使用。</p>
<p>此外，黄金价格的波动和印度等主要消费市场的需求趋势继续影响全球银交易模式。</p>
<p>本文标题为《银价下滑：金属能否从上升的利率恐惧中恢复？》，首发于 Invezz。</p>

环球银矿 MSCI ETF - iShares

白银矿业股 ETF - GlobalX

实物白银股票 ETF - ETFS

2 倍做多白银 ETF - ProShares

SLVR

PSLV

白银信托 ETF - iShares

<p>银价因市场不确定性和加息担忧下跌 1.3%，至每盎司 76.63 美元。尽管有稳定的尝试，但由于投资者重新评估通胀和工业需求，涨幅受到限制。分析师指出，较高的国债收益率和对长期高利率的预期继续对银价施加压力。市场保持谨慎，交易者关注 76 至 77 美元的区间，以及美元和全球经济活动对银价的影响</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/01/scottsdale-mint-xN4QdAn4aJw-unsp-scaled-1.jpg" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/01/scottsdale-mint-xN4QdAn4aJw-unsp-scaled-1.jpg"/></p>
<p>Silver prices moved lower on Tuesday as investors remained cautious amid broader market uncertainty and shifting expectations around interest rates and global growth.</p>
<div class="lb-trans"><p>周二，银价下跌，投资者在市场不确定性加剧以及对利率和全球经济增长预期变化的背景下保持谨慎。</p>
</div><p>Spot silver fell 1.3% to $76.63 an ounce, according to Reuters, extending losses after recent volatility across precious metals markets.</p>
<div class="lb-trans"><p>根据路透社的报道，现货银下跌 1.3%，至每盎司 76.63 美元，此前在贵金属市场的波动后继续下跌。</p>
</div><p>The metal remained under pressure even as traders monitored developments in the Middle East and movements in the US dollar and Treasury yields.</p>
<div class="lb-trans"><p>尽管交易者关注中东局势和美元及国债收益率的变化，但该金属仍然承压。</p>
</div><h2>Rebound attempts remain limited</h2>
<div class="lb-trans"><h2>反弹尝试仍然有限</h2>
</div><p>Silver had attempted to stabilise in Asian trading after coming under pressure earlier in the week. However, gains remained limited as investors continued to reassess the outlook for inflation, monetary policy and industrial demand.</p>
<div class="lb-trans"><p>银价在本周早些时候承压后，曾试图在亚洲交易中稳定。然而，由于投资者继续重新评估通胀、货币政策和工业需求的前景，涨幅仍然有限。</p>
</div><p>Broader market sentiment also remained fragile following recent volatility in commodities, currencies and global bond markets.</p>
<div class="lb-trans"><p>在商品、货币和全球债券市场近期波动后，整体市场情绪也保持脆弱。</p>
</div><p>Analysts said silver prices continue to face pressure from elevated Treasury yields and expectations that interest rates could remain higher for longer.</p>
<div class="lb-trans"><p>分析师表示，银价继续受到高企的国债收益率和利率可能维持较高水平的预期的压力。</p>
</div><h2>Momentum remains cautious</h2>
<div class="lb-trans"><h2>动能保持谨慎</h2>
</div><p>Market participants remain cautious about silver’s short-term outlook as traders weigh the balance between safe-haven demand and concerns about slowing global growth.</p>
<div class="lb-trans"><p>市场参与者对银的短期前景保持谨慎，交易者在安全避风港需求与全球经济增长放缓的担忧之间权衡。</p>
</div><p>Silver, unlike gold, is heavily influenced by industrial demand because of its widespread use in electronics, solar panels and manufacturing supply chains.</p>
<div class="lb-trans"><p>与黄金不同，银受到工业需求的重大影响，因为它在电子产品、太阳能电池板和制造供应链中被广泛使用。</p>
</div><p>That has left the metal sensitive not only to geopolitical developments and interest-rate expectations, but also to broader trends in economic activity in major economies such as the US and China.</p>
<div class="lb-trans"><p>这使得银不仅对地缘政治发展和利率预期敏感，还对美国和中国等主要经济体的经济活动整体趋势敏感。</p>
</div><h2>Key levels remain in focus</h2>
<div class="lb-trans"><h2>关键水平仍然受到关注</h2>
</div><p>Traders are closely watching the $76-$77 range after silver slipped lower during Tuesday’s session.</p>
<div class="lb-trans"><p>交易者密切关注 76-77 美元区间，此前银价在周二的交易中下滑。</p>
</div><p>Analysts said further weakness in industrial metals and continued strength in the US dollar could weigh on silver prices in the near term.</p>
<div class="lb-trans"><p>分析师表示，工业金属的进一步疲软和美元的持续强势可能在短期内对银价施加压力。</p>
</div><p>At the same time, any easing in Treasury yields or renewed geopolitical uncertainty could help stabilise sentiment towards precious metals.</p>
<div class="lb-trans"><p>与此同时，任何国债收益率的放松或地缘政治不确定性的重新出现可能有助于稳定对贵金属的情绪。</p>
</div><h2>Dollar, rates and industrial demand watched</h2>
<div class="lb-trans"><h2>关注美元、利率和工业需求</h2>
</div><p>Silver prices remain highly sensitive to shifts in US dollar strength, interest-rate expectations and broader risk appetite.</p>
<div class="lb-trans"><p>银价对美元强度、利率预期和整体风险偏好的变化高度敏感。</p>
</div><p>As a non-yielding asset priced in US dollars, silver typically comes under pressure when the dollar strengthens or Treasury yields rise.</p>
<div class="lb-trans"><p>作为一种不产生收益的以美元计价的资产，银通常在美元走强或国债收益率上升时承压。</p>
</div><p>Conversely, softer yields and a weaker dollar environment tend to support precious metals.</p>
<div class="lb-trans"><p>相反，收益率下降和美元走弱的环境往往会支持贵金属。</p>
</div><p>Industrial demand also plays a major role in silver pricing because of the metal’s widespread use across electronics, clean-energy infrastructure and manufacturing industries.</p>
<div class="lb-trans"><p>工业需求在银价中也发挥着重要作用，因为该金属在电子产品、清洁能源基础设施和制造业中被广泛使用。</p>
</div><p>In addition, movements in gold prices and demand trends in major consumer markets such as India continue to influence silver trading patterns globally.</p>
<div class="lb-trans"><p>此外，黄金价格的波动和印度等主要消费市场的需求趋势继续影响全球银交易模式。</p>
</div><p>The post Silver prices slide: can the metal recover from rising rate fears? appeared first on Invezz</p>
<div class="lb-trans"><p>本文标题为《银价下滑：金属能否从上升的利率恐惧中恢复？》，首发于 Invezz。</p>
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白银价格下滑：这种金属能否从加息恐慌中恢复过来？