Silver Miner ETFs Notch Best Week Since April 2020 As Rate-Cut Bets Boost Precious Metals: 5 Stocks Surge Over 20% This Week
Silver Miner ETFs Notch Best Week Since April 2020 As Rate-Cut Bets Boost Precious Metals: 5 Stocks Surge Over 20% This Week
The silver market's supply and demand dynamics are only tightening, pushing prices higher. A Silver Institute survey highlighted a growing supply deficit, with demand expected to outstrip supply by 265 million ounces (oz.) this year, marking the steepest shortage since 2020.Silver mining stocks have recorded their best weekly performance in over four years, with some exchange-traded funds (ETFs) delivering their highest gains since inception.
白銀礦業股票創下了超過四年來的最佳周表現，一些交易所交易基金（ETF）實現了創立以來的最高收益。
A perfect storm of rising gold prices, expectations of a Federal Reserve interest rate cut, and a condition of structural global silver supply shortage has propelled prices above $30 per ounce, driving an almost 10% surge this week alone.
黃金價格上漲、聯儲局減息預期以及全球銀供應短缺狀況推高了銀價，使其突破每盎司30美元，僅本週就飆升了近10%。
Several silver-focused ETFs have outperformed the broader market, benefiting from the rapid rise in prices. Here's a breakdown of their weekly performance as of 3 p.m. ET on Friday:
由於價格的急劇上漲，一些專注於白銀的ETF的表現超過了整體市場。以下是它們截至週五下午3點（東部時間）的周表現。
| ETF | Performance (5D) | Best Week Since |
|---|---|---|
| iShares MSCI Global Silver Miners Fund (NYSE:SLVP) | +16.8% | Early April 2020 |
| Global X Silver Miners ETF (NYSE:SIL) | +16.7% | Fund Inception (2010) |
| Themes Silver Miners ETF (NASDAQ:AGMI) | +13.0% | Fund Inception (2024) |
| 交易所交易基金 | 表現（5日） | 最佳周表現自 |
|---|---|---|
| iShares MSCI全球白銀礦業ETF (NYSE:SLVP) | +16.8% | 2020年4月初 |
| 全球黃金礦工ETF (紐交所:SIL) | +16.7% | 基金成立時間 (2010年) |
| 主題銀礦工ETF (納斯達克:AGMI) | +13.0% | 基金成立時間 (2024年) |
Worsening Silver Shortage
嚴重的白銀短缺
The silver market's supply and demand dynamics are only tightening, pushing prices higher. A Silver Institute survey highlighted a growing supply deficit, with demand expected to outstrip supply by 265 million ounces (oz.) this year, marking the steepest shortage since 2020.
白銀市場的供求動態只會越來越緊張，推高價格。白銀協會的一項調查強調了供應逆差的增長，預計今年的需求將超過供應26500萬盎司（oz），這是自2020年以來最嚴重的短缺。
In 2024, industrial demand for the metal is forecasted to rise to 710.9 million oz., up from 654 million oz. in 2023, driven largely by increased use in photovoltaic cells for solar energy production.
預計到2024年，金屬的工業需求將從2023年的65400萬盎司（oz）上升到71090萬盎司（oz），主要是由於在太陽能電池的增加使用。
This demand spike is colliding with a flat supply, creating a structural deficit that's driving prices upward.
這種需求激增正與供應保持平穩形成結構性逆差，推動價格上漲。
Fed Rate Cuts Could Fuel Further Gains
聯邦儲備減息可能進一步推動漲勢。
Investor sentiment around silver and other precious metals is being buoyed by expectations of a near-term Federal Reserve interest rate cut.
對白銀和其他貴金屬的投資者情緒受到即將到來的聯儲局減息預期的支持。
With inflation data aligning with a broader disinflationary trend, market odds currently point to a 49% chance of a 50-basis-point cut during next week's Fed meeting, with the remaining expectations on a 25-basis-point cut, as per CME FedWatch.
通脹數據與更廣泛的反通脹趨勢相符，目前市場預期下週聯儲局會議有49%的概率會降低50個點子，其餘預期降低25個點子，根據CME FedWatch所述。
Falling Treasury yields and a weaker dollar have further supported precious metals.
下跌的國債收益率和疲軟的美元進一步支持了貴金屬。
Gold prices have soared to fresh all-time highs, surpassing $2,560/oz., with silver rallying alongside, notching five consecutive positive trading days this week—its longest winning streak since July.
黃金價格已飆升至創紀錄高點，超過2560美元/盎司，白銀隨行上漲，在本週連續五個交易日均呈正值，這是自7月以來的最長連勝。
Top-Performing Miners
表現最好的礦商
Silver mining stocks have outpaced the metal itself, with some posting massive gains. Here are the five top-performing miners this week:
白銀礦商的表現超過了白銀本身，其中一些礦商獲得了巨大的收益。以下是本週表現最好的五家礦商：
| Name | Price Chg. % (5D) |
| Coeur Mining, Inc. (NYSE:CDE) | 37.22% |
| Gatos Silver, Inc. (NYSE:GATO) | 33.87% |
| Hycroft Mining Holding Corporation (NASDAQ:HYMC) | 28.16% |
| Hecla Mining Company (NYSE:HL) | 25.05% |
| AYA Gold & Silver Inc. (OTCPK: AYASF) | 22.94% |
| 姓名 | 價格漲跌幅（5天） |
| Coeur Mining, Inc. (NYSE:CDE) | 37.22% |
| Gatos Silver, Inc.（紐交所：GATO） | 33.87% |
| Hycroft Mining Holding Corporation (納斯達克:HYMC) | 28.16% |
| Hecla Mining Company (紐交所:HL) | 25.05% |
| AYA Gold & Silver Inc. (非上市市場:AYASF) | 22.94% |
Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。
