2026-01-15 19:22:18

There has been a noticeable divergence in the precious metals market recently. Silver has now fallen to around $90.5, down 2.1%, mainly pressured by rumors of de-silvering in the photovoltaic industry. Many analysts believe that uncertainty in industrial demand has become a pressure point for silver. In contrast, gold has performed significantly better and remains resilient, with market demand for gold as a safe haven still present.

From a position perspective, there are clear signs of reducing holdings in spot silver, indicating that market participants are on the sidelines. On the gold side, many are adopting a light position, waiting for clearer signals. Going forward, it is crucial to pay attention to changes in the funding rate and the upcoming CPI data, as these two factors could become turning points for the market. Precious metals contract traders should closely monitor these indicators and prepare in advance.

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GateUser-afe07a92

· 7h ago

Silver has really been hammered hard this time. Just a rumor about photovoltaic de-silverization can cause such a big drop... Gold is still holding on, and the gap is getting bigger and bigger.

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SatoshiHeir

· 7h ago

It should be pointed out that the recent decline in silver essentially reflects the market’s loss of confidence in industrial demand—this is not a technical issue, but a re-pricing of value consensus. The rumors of photovoltaic de-silverization are a complete false proposition; the real argument should be found in the divergence between on-chain data and spot holdings. Why does gold resist falling? Because it retains the ultimate consensus of monetary attributes, whereas silver has long become an industrial commodity. Listen to me, this is precisely the scarcity paradox that Satoshi Nakamoto argued back then—assets with unstable demand will ultimately be disproved by the market. CPI turning point? Obvious, but have you really read the Federal Reserve’s policy white papers? I have verified that this "indicator theory" was systematically overturned as early as 2015.

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