1. The price of gold has hit record highs, while the price of silver has fallen behind. From 200 1, gold entered a big bull market and rose by 10 years. Although the price of silver is also rising, the increase is behind that of gold;

2, the price of gold and silver is very different, and the price of silver may be underestimated. Judging from the historical exchange rate of gold and silver, the average exchange rate of gold and silver since 1900 is about 48 times. After the financial crisis, the price of gold soared and the price of silver lagged behind, and the price of gold reached 63 times that of silver. The exchange rate between the two sides is expected to return to 48 times the baseline.

3. The economic recovery has led to a surge in demand for silver.

Silver has more industrial uses than gold, so its price is more sensitive to the economic cycle.

This also caused the volatility of silver price to be greater than that of gold price.

Since 1997, the maximum price fluctuation of gold in1February is 60%, and that of silver in1February is 92%. In the future, the global industrial economy will pick up and the demand for silver will increase, which will lead to an increase in the price of silver.

4. Global capital attention has increased. As a commodity, silver has performed well in the international and spot markets recently. In most of the time, the price trend of silver is the same as that of gold, but the fluctuation range of silver is obviously higher than that of gold, and the daily price fluctuation range of silver is basically higher than that of gold, which is more attractive to speculative funds.