{"id":564628,"date":"2025-01-29T23:36:35","date_gmt":"2025-01-30T07:36:35","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/01\/bullish-on-silver-prices-but-not-for-its-precious-metal-identity\/"},"modified":"2025-01-29T23:36:56","modified_gmt":"2025-01-30T07:36:56","slug":"%e7%9c%8b%e6%b6%a8%e7%99%bd%e9%93%b6%e4%bb%b7%e6%a0%bc%ef%bc%8c%e4%bd%86%e4%b8%8d%e6%98%af%e5%9b%a0%e4%b8%ba%e5%ae%83%e7%9a%84%e8%b4%b5%e9%87%91%e5%b1%9e%e8%ba%ab%e4%bb%bd","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/01\/%e7%9c%8b%e6%b6%a8%e7%99%bd%e9%93%b6%e4%bb%b7%e6%a0%bc%ef%bc%8c%e4%bd%86%e4%b8%8d%e6%98%af%e5%9b%a0%e4%b8%ba%e5%ae%83%e7%9a%84%e8%b4%b5%e9%87%91%e5%b1%9e%e8%ba%ab%e4%bb%bd\/","title":{"rendered":"\u770b\u6da8\u767d\u94f6\u4ef7\u683c\uff0c\u4f46\u4e0d\u662f\u56e0\u4e3a\u5b83\u7684\u8d35\u91d1\u5c5e\u8eab\u4efd"},"content":{"rendered":"<ul>\n<li>\u5de5\u4e1a\u5e94\u7528\u53ca\u592a\u9633\u80fd\u884c\u4e1a\u7684\u5f3a\u52b2\u9700\u6c42\u5c06\u662f\u672a\u6765\u51e0\u5e74\u63a8\u52a8\u94f6\u4ef7\u4e0a\u6da8\u7684\u4e3b\u8981\u52a8\u529b\u3002<\/li>\n<li>2025\u5e74\u5e95\u767d\u94f6\u4ef7\u683c\u9884\u8ba1\u53ef\u6da8\u81f3\u6bcf\u76ce\u53f835\u7f8e\u5143\uff0c2026\u5e74\u5e95\u8fbe\u523038\u7f8e\u5143\u3002<\/li>\n<li>\u5f97\u76ca\u4e8e\u5149\u4f0f\u6280\u672f\u7684\u8fdb\u6b65\uff0c\u592a\u9633\u80fd\u884c\u4e1a\u5bf9\u767d\u94f6\u9700\u6c42\u6301\u7eed\u52a0\u5927\uff0c\u5360\u6bd4\u5c06\u6709\u6240\u7a81\u7834\u3002<\/li>\n<li>\u4f9b\u5e94\u589e\u957f\u6ede\u540e\u4e0e\u5e02\u573a\u77ed\u7f3a\u5c06\u7ee7\u7eed\u8fdb\u4e00\u6b65\u652f\u6301\u767d\u94f6\u4ef7\u683c\u4e0a\u6da8\u3002<\/li>\n<\/ul>\n<p>\u8bf4\u8d77\u767d\u94f6\uff0c\u6211\u4eec\u5f80\u5f80\u9996\u5148\u60f3\u5230\u7684\u662f\u5b83\u7684\u8d35\u91d1\u5c5e\u8eab\u4efd\u3002\u6216\u8bb8\u4e5f\u6b63\u662f\u8fd9\u4e2a\u539f\u56e0\uff0c\u767d\u94f6\u4e00\u76f4\u5904\u4e8e\u9ec4\u91d1\u7684\u5149\u73af\u4e4b\u4e0b\uff0c\u8fd1\u671f\u4ef7\u683c\u8d70\u52bf\u4e5f\u76f8\u5bf9\u75b2\u8f6f\uff0c\u672c\u5468\u9ec4\u91d1\/\u767d\u94f6\u6bd4\u7387\u8fbe\u5230\u4e00\u5e74\u9ad8\u70b9\u3002\u4e0d\u8fc7\uff0c\u6700\u8fd1\u6709\u7814\u7a76\u673a\u6784\u6307\u51fa\uff0c\u767d\u94f6\u7684\u53e6\u4e00\u4e2a\u8eab\u4efd\uff0c\u5de5\u4e1a\u91d1\u5c5e\u7684\u9700\u6c42\u5c06\u6210\u4e3a\u672a\u6765\u94f6\u4ef7\u4e0a\u6da8\u7684\u91cd\u8981\u9a71\u52a8\u529b\u3002<\/p>\n<p>\u4e0e\u5176\u4ed6\u8d35\u91d1\u5c5e\u76f8\u6bd4\uff0c\u767d\u94f6\u51ed\u501f\u201c\u667a\u80fd\u201d\u4e0e\u201c\u7eff\u8272\u201d\u7279\u6027\u8131\u9896\u800c\u51fa\u3002<\/p>\n<p>Capital Economics\u52a9\u7406\u7ecf\u6d4e\u5b66\u5bb6Ankita Amajuri\u9884\u8ba1\uff0c\u767d\u94f6\u4ef7\u683c\u5c06\u57282025\u5e74\u6da8\u81f3\u6bcf\u76ce\u53f835\u7f8e\u5143\uff0c2026\u5e74\u5e95\u5c06\u7ee7\u7eed\u4e0a\u6da8\u81f338\u7f8e\u5143\uff0c\u4f9d\u636e\u662f\u767d\u94f6\u5728\u5173\u952e\u884c\u4e1a\u4e2d\u626e\u6f14\u7684\u91cd\u8981\u89d2\u8272\u5c06\u5728\u672a\u6765\u4e24\u5e74\u63a8\u52a8\u94f6\u4ef7\u4e0d\u65ad\u4e0a\u6da8\u3002<\/p>\n<p>\u767d\u94f6\u7684\u5de5\u4e1a\u9700\u6c42\u5360\u5168\u7403\u767d\u94f6\u603b\u9700\u6c42\u7684\u5927\u7ea650%\u5de6\u53f3\uff0c\u5176\u4e2d\u7535\u5b50\u3001\u5149\u4f0f\u3001\u533b\u7597\u53ca\u5316\u5de5\u7b49\u884c\u4e1a\u5bf9\u767d\u94f6\u9700\u6c42\u7684\u62c9\u52a8\u5c24\u4e3a\u663e\u8457\u3002\u867d\u7136\u4e2d\u56fd\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\u5bf9\u90e8\u5206\u5de5\u4e1a\u91d1\u5c5e\u7684\u5168\u7403\u9700\u6c42\u9020\u6210\u4e86\u538b\u529b\uff0c\u4f46\u767d\u94f6\u662f\u5feb\u901f\u589e\u957f\u9886\u57df\u2014\u2014\u4f8b\u59825G\u6280\u672f\u3001\u5149\u4f0f\u53d1\u7535\u3001\u7535\u6c60\u3001\u7535\u52a8\u8f66\u4ee5\u53ca\u751f\u7269\u6280\u672f\u2014\u2014\u7684\u5173\u952e\u91d1\u5c5e\u3002\u968f\u7740\u53ef\u518d\u751f\u80fd\u6e90\u548c\u9ad8\u7aef\u5236\u9020\u7b49\u9886\u57df\u7684\u53d1\u5c55\uff0c\u9884\u8ba1\u8fd9\u4e00\u5360\u6bd4\u4ecd\u4f1a\u9010\u6b65\u4e0a\u5347\u3002<\/p>\n<p>\u6b64\u5916\uff0c\u767d\u94f6\u5728\u534a\u5bfc\u4f53\u4e2d\u7684\u91cd\u8981\u6027\u4e5f\u4e0d\u53ef\u5ffd\u89c6\uff0c\u800c\u534a\u5bfc\u4f53\u662f\u63a8\u52a8\u4eba\u5de5\u667a\u80fd\u53d1\u5c55\u7684\u5173\u952e\u7ec4\u4ef6\u3002Amajuri\u5728\u62a5\u544a\u4e2d\u6307\u51fa\uff0c\u5c3d\u7ba1\u76ee\u524d\u4eba\u5de5\u667a\u80fd\u4e3b\u8981\u5e94\u7528\u4e8eIT\u884c\u4e1a\uff0c\u4f46\u76f8\u4fe1\u672a\u6765\u5c06\u6269\u5c55\u81f3\u6240\u6709\u884c\u4e1a\uff0c\u8fd9\u5fc5\u5c06\u63a8\u52a8\u534a\u5bfc\u4f53\u82af\u7247\u9700\u6c42\u7684\u5f3a\u52b2\u589e\u957f\uff0c\u8fdb\u800c\u63a8\u52a8\u767d\u94f6\u9700\u6c42\u3002<\/p>\n<h2>\u592a\u9633\u80fd\u4ea7\u4e1a\uff1a\u767d\u94f6\u9700\u6c42\u589e\u957f\u7684\u4e3b\u529b\u519b<\/h2>\n<p>\u9a71\u52a8\u767d\u94f6\u9700\u6c42\u7684\u6700\u5927\u884c\u4e1a\u662f\u592a\u9633\u80fd\u53d1\u7535\u3002\u56fd\u9645\u80fd\u6e90\u7f72\uff08IEA\uff09\u9884\u8ba1\uff0c2024\u5e74\u81f32030\u5e74\uff0c\u5168\u7403\u5149\u4f0f\u88c5\u673a\u5bb9\u91cf\u5c06\u662f\u8fc7\u53bb6\u5e74\u5b89\u88c5\u603b\u91cf\u7684\u4e09\u500d\u3002\u66f4\u4e3a\u91cd\u8981\u7684\u662f\uff0c\u65b0\u4e00\u4ee3\u5149\u4f0f\u6280\u672f\u7684\u94f6\u8017\u91cf\u76f8\u6bd4\u4f20\u7edf\u7535\u6c60\u5c06\u589e\u52a020%\u5230120%\uff0c2024\u5e74\u5149\u4f0f\u5bf9\u767d\u94f6\u7684\u9700\u6c42\u9884\u8ba1\u5c06\u8fbe\u5230\u903e7000\u5428\u3002<\/p>\n<p>\u4e0e\u6b64\u540c\u65f6\uff0c\u5149\u4f0f\u884c\u4e1a\u7684\u767d\u94f6\u9700\u6c42\u5360\u603b\u9700\u6c42\u7684\u6bd4\u4f8b\u4e5f\u5728\u4e0d\u65ad\u4e0a\u5347\uff0c\u5360\u6bd4\u5df2\u7ecf\u4ece2015\u5e74\u76846%\u589e\u957f\u52302024\u5e74\u768419%\u4ee5\u4e0a\uff0c\u9884\u8ba1\u52302030\u5e74\u8fd9\u4e00\u6bd4\u4f8b\u5c06\u8d85\u8fc730%\u3002<\/p>\n<p>\u5728\u53e6\u4e00\u4efd\u62a5\u544a\u4e2d\uff0cWood Mackenzie\u7684\u5206\u6790\u5e08\u8868\u793a\uff0c\u4e2d\u56fd\u7ee7\u7eed\u9886\u5148\u592a\u9633\u80fd\u5f00\u53d1\u548c\u751f\u4ea7\u3002\u7814\u7a76\u663e\u793a\uff0c2024\u5e74\uff0c\u4e2d\u56fd\u516c\u53f8\u5728\u201c\u4e00\u5e26\u4e00\u8def\u201d\u6cbf\u7ebf\u56fd\u5bb6\u521b\u4e0b\u4e8624\u5409\u74e6\uff08GW\uff09\u7684\u6d77\u5916\u6e05\u6d01\u80fd\u6e90\u65b0\u88c5\u673a\u5bb9\u91cf\u7eaa\u5f55\uff0c\u5176\u4e2d\u592a\u9633\u80fd\u548c\u6c34\u7535\u5360\u65b0\u589e\u88c5\u673a\u603b\u91cf\u7684\u4e09\u5206\u4e4b\u4e8c\u4ee5\u4e0a\u3002\u4e2d\u56fd\u516c\u53f8\u5728\u6d77\u5916\u91cd\u70b9\u63a8\u5e7f\u7eff\u8272\u6280\u672f\uff0c\u8fd9\u7c7b\u9879\u76ee\u5df2\u5360\u6d77\u5916\u9879\u76ee\u603b\u50a8\u5907\u91cf\u7684\u4e09\u5206\u4e4b\u4e8c\u4ee5\u4e0a\u3002<\/p>\n<h2>\u4f9b\u5e94\u6ede\u540e\u7ed9\u767d\u94f6\u5e02\u573a\u5e26\u6765\u6311\u6218<\/h2>\n<p>\u867d\u7136\u9700\u6c42\u662f\u5f71\u54cd\u767d\u94f6\u5e02\u573a\u7684\u5173\u952e\u56e0\u7d20\uff0c\u4f46\u4f9b\u7ed9\u540c\u6837\u4e0d\u5bb9\u5ffd\u89c6\u3002Amajuri\u6307\u51fa\uff0c\u672a\u6765\u4e24\u5e74\u767d\u94f6\u4f9b\u5e94\u53ef\u80fd\u65e0\u6cd5\u8ddf\u4e0a\u9700\u6c42\u589e\u957f\u7684\u6b65\u4f10\u3002<\/p>\n<p>\u201c\u75ab\u60c5\u4ee5\u6765\uff0c\u767d\u94f6\u77ff\u4ea7\u91cf\u4e00\u76f4\u505c\u6ede\u4e0d\u524d\u3002\u867d\u71362024\u5e74\u56de\u6536\u767d\u94f6\u6ee1\u8db3\u4e86\u767d\u94f6\u603b\u9700\u6c42\u768415%\uff0c\u4f46\u6280\u672f\u590d\u6742\u6027\u53ca\u9ad8\u6210\u672c\u5c06\u9650\u5236\u56de\u6536\u91cf\u7684\u589e\u957f\u2014\u2014\u81f3\u5c11\u5728\u5f53\u524d\u94f6\u4ef7\u6c34\u5e73\u4e0b\u3002\u6b64\u5916\uff0c\u5927\u90e8\u5206\u592a\u9633\u80fd\u677f\u548c\u534a\u5bfc\u4f53\u7684\u56de\u6536\u5468\u671f\u957f\u8fbe\u51e0\u5341\u5e74\u3002\u201d\u5979\u8bf4\u9053\u3002\u201c\u9700\u8981\u627f\u8ba4\u7684\u662f\uff0c\u767d\u94f6\u5e02\u573a\u7684\u4f9b\u9700\u52a8\u6001\u6b63\u5728\u63a8\u9ad8\u94f6\u4ef7\u30022019\u5e74\u4ee5\u6765\uff0c\u767d\u94f6\u5e02\u573a\u4e00\u76f4\u5904\u4e8e\u77ed\u7f3a\u72b6\u6001\uff0c\u4ef7\u683c\u5728\u6b64\u671f\u95f4\u5df2\u7ffb\u4e86\u4e00\u756a\u3002\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5de5\u4e1a\u5e94\u7528\u53ca\u592a\u9633\u80fd\u884c\u4e1a\u7684\u5f3a\u52b2\u9700\u6c42\u5c06\u662f\u672a\u6765\u51e0\u5e74\u63a8\u52a8\u94f6\u4ef7\u4e0a\u6da8\u7684\u4e3b\u8981\u52a8\u529b\u3002 2025\u5e74\u5e95\u767d\u94f6\u4ef7\u683c\u9884\u8ba1\u53ef\u6da8\u81f3\u6bcf\u76ce\u53f835\u7f8e [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":551063,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430,2196],"tags":[730,461,659],"class_list":["post-564628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","category-2196","tag-730","tag-461","tag-659","sectors-gold-zh-hans","locations-china-zh-hans","locations-us-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/564628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=564628"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/564628\/revisions"}],"predecessor-version":[{"id":564631,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/564628\/revisions\/564631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/551063"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=564628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=564628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=564628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}