One of the core factors of the surge in silver is that international investment banks chase silver, and hoarding silver pushes up the price of silver. It can also be seen from the silver positions held by the New York Futures Exchange that the positions held at the end of 20 10 have increased a lot compared with the beginning of the year.

Investors who participated in silver trading at the beginning were because the threshold of silver was lower than that of gold, with only 1000 yuan in one hand. Later, investors with higher risk preference found more opportunities for silver, while investors in China, precious metals investment made more short-term speculation, making silver hot.

Extended data

Silver is not a public investment tool. First of all, silver has fewer investment channels than gold. At present, only Everbright, Shenzhen Development, Xingye and ICBC have opened the silver T+D, and ICBC also has paper silver. The other is physical silver bars, but physical silver is not as convenient as gold repurchase. The experience of western precious metals investment is mainly based on gold, and silver is a small variety.

Secondly, silver has both metallic and financial properties, and its volatility is usually greater than that of gold. Lin Yuhui, deputy general manager and senior analyst of Jinhui Futures Shenzhen Stock Exchange, believes that silver is suitable for investors who are particularly rich, and part of it can be used to replace gold and be used for currency preservation.