Shanghai silver futures hit a new high: December rises over 5%, with a cumulative rise of 114% for the year behind the market logic.

[Coin World] Recently, the performance of silver futures in Shanghai has indeed been eye-catching. On December 22, the main contract once broke through 16,000 yuan/k, with a single-day rise of more than 5%. Even more exaggerated is that this has already set a historical high. From the beginning of the year to now, the cumulative increase has exceeded 114%. What does this number indicate? Precious metals are becoming an important option for asset allocation in the current economic environment. Whether it is geopolitical risks or changes in monetary policy, both are driving the attractiveness of safe-haven assets. For investors focusing on commodities, the driving force behind this wave of market movement is worth deep consideration—whether it is pressure from the supply side, changes in the demand side, or a combination of both? The data fluctuations in the futures market often reflect subtle changes in macro expectations.