Silver delivered a whopping 144% return last year, and its momentum flowed into 2026, culminating in a record high of over $120 per ounce on Jan. 30. Some investors treat silver like gold, as a store of value, which they buy during times of heightened political and economic uncertainty. However, silver also has vast industrial uses that soak up a significant amount of supply each year. Many investors choose to own the iShares Silver Trust (NYSEMKT: SLV) as an alternative to physical metal. It's an exchan ...

Investing in gold and silver has typically been a way for investors to try to reduce their exposure and risk in the stock market. But while these metals can provide stability in times of uncertainty, they can be speculative in nature, as is evident in their volatility in recent months. Is investing in an exchange-traded fund (ETF) such as the iShares Silver Trust (NYSEMKT: SLV), which tracks the price of silver, a good idea for retirees and other risk-averse investors? Where to invest $1,000 right now? Ou ...

白银市场表现与驱动因素 - 尽管在1月某个周五经历了30%的暴跌，但白银价格在1月份整体仍上涨约17% [1] - 花旗分析师预测，白银价格可能在数月内飙升至每盎司150美元 [1] - 白银价格在2025年全年上涨了103%，而在此之前的九年中仅累计上涨117% [1] 供需基本面分析 - 工业需求是此轮上涨的主要驱动力，特别是在电动汽车、太阳能电池板、人工智能数据中心和国防设备领域 [2] - 在元素周期表所有118种元素中，白银的导电性最佳，使其在人工智能基础设施投资中“价值更高” [2] - 中国收紧白银出口控制限制了供应，而中国国家主席习近平承诺将该国清洁能源产能提高六倍 [3] - 每个太阳能电池板约含0.64盎司白银，仅去年一年中国就安装了超过5.6亿块太阳能电池板 [3] 投资产品一：iShares Silver Trust (SLV) - 该产品是一只被动管理的交易所交易基金，旨在反映白银价格表现，持有实物银条 [5] - 其费用率为0.50%，显著低于0.82%的同类平均费用率 [5] - 从2006年4月成立至2025年12月，基金年均回报率为8.89%，略低于其基准9.44%的年均表现，这主要归因于0.50%的费用率 [6] - 2026年至今，该ETF的回报率为19% [6] - 为不愿直接购买银条的投资者提供了便利，且相比投资白银矿商，是波动性较低的投资方式 [7] 投资产品二：First Majestic Silver (AG) - 该公司是贵金属矿商中最接近白银“纯业务”的公司，截至2025年第三季度，其57%的收入来自白银开采 [8] - 公司股价年初至今上涨25% [10] - 上一季度，公司实现了创纪录的420万盎司白银产量，年产量达到1540万盎司，较2024年水平增长84% [10] - 公司政策是将季度收入的2%作为股息支付给股东，当前股息收益率约为0.08% [11] 投资产品三：Wheaton Precious Metals (WPM) - 公司总部位于加拿大温哥华，市值达680亿美元，业务模式是为全球采矿项目提供融资，以换取以远低于现货价格的价格购买其部分未来产量的权利 [12] - 该商业模式为公司带来了54.7%的优异利润率 [12] - 季度收益同比增长123% [12] - 公司股价在过去12个月上涨了109% [14] - 公司拥有在1年、3年、5年和10年期间表现优于白银和黄金的长期记录 [14] - 其合同允许公司以低至现货价格80%的折扣购买数十万盎司的黄金和白银 [14]

China is the world's second-largest exporter of silver behind Hong Kong, and toward the end of 2025, it announced new restrictions on how much metal producers could ship out of the country. The restrictions took effect on Jan. 1, 2026. China is trying to protect its domestic supply chains because it's one of the world's largest manufacturers of electronics, but these new restrictions also give the country additional leverage in trade negotiations with other economic superpowers like the U.S.In 2024, around ...

iShares Silver Trust (SLV) 价格表现 - iShares Silver Trust (SLV) 股价于2025年11月28日飙升至51.27美元 [1] - 该价格较2025年5月下旬的30美元低点大幅上涨了70% [1]