Understanding the supply and demand situation of the silver market and the global economic trend is the key to understanding the international silver price. Like other commodity prices, silver prices are also affected by changes in supply and demand. The supply and demand factors of the market include production, consumption, political stability and geopolitical factors. World economic trends and international political events will also have an important impact on the price of silver.

The price of silver is closely related to the exchange rate of the US dollar, so the trend of the US dollar is also an important reference factor for the price of silver. Under normal circumstances, the depreciation of the dollar will make the price of silver higher, while the appreciation of the dollar will put pressure on the price of silver. Therefore, when the dollar strengthens, silver investors are usually more inclined to hold cash. In addition, inflation and interest rate changes are also key factors affecting the price of silver.

Market sentiment will also affect the price of silver to some extent. Especially in derivatives markets, such as futures and options markets, market sentiment and future expectations often affect traders' decisions, thus affecting the price of silver. When investors are optimistic about the future economic prospects, the price of silver may rise. On the contrary, when investors are pessimistic about the future economic prospects, the price of silver may go down. Therefore, investors need to pay close attention to market sentiment and analyze possible risks and opportunities in the future.