現貨白銀與黃金在同一交易日內同步大幅回檔,白銀一度暴跌約 20%,黃金日內跌幅亦達 8% 左右,引發市場高度關注。
(前情提要:黃金、白銀二度跳水、比特幣插針 8.1 萬美元,全網超 27 萬人慘爆倉)
(背景補充:比特幣陷入「昏迷期」?彭博分析師:2022年後BTC報酬仍比黃金白銀好!)
本文目錄
- 白銀急跌近兩成,獲利了結引爆拋售潮
- 黃金同步回檔,避險資產亦難獨善其身
- 多重因素疊加,放大金銀短線波動
近期持續走強的貴金屬市場出現罕見急轉彎。現貨白銀與黃金在同一交易日內同步大幅回檔,白銀一度暴跌約 20%,黃金日內跌幅亦達 8% 左右,引發市場高度關注。
白銀急跌近兩成,獲利了結引爆拋售潮
現貨白銀在盤中一度重挫至每盎司約 92.19 美元,相較此前高點 120 美元以上,短時間內回吐幅度驚人。分析指出,白銀過去一年累計漲幅接近 300%,今年 1 月漲勢不僅沒有延緩,反而更加迅速,累積了大量投機與槓桿部位,市場結構明顯偏向過熱。

黃金同步回檔,避險資產亦難獨善其身
黃金市場同樣未能倖免。現貨黃金日內一度下跌約 8%,最低來到每盎司 4,946 美元附近,較近期 5,600 美元以上的歷史高點明顯回落。

多重因素疊加,放大金銀短線波動
綜合市場分析,金銀同步大跌的背後,主要受到以下幾項因素影響:
- 獲利盤集中出逃:白銀漲幅明顯高於黃金,槓桿與投機屬性更強,回檔時跌幅亦被放大。
- 美元短線轉強:市場對美國政策前景的重新評估,包括川普提名曾經較偏鷹派的聯準會主席人選 Kevin Warsh,推動美元反彈,對貴金屬形成壓力。
- 風險偏好回落:商品市場與科技股近期出現聯動調整,整體風險情緒降溫。

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