5.7 Morning Jiangyu Heng Silver Rapid Report

Today, silver leads the precious metals rally, outpacing gold with gains, as both domestic and international markets strengthen simultaneously!

Market Situation

COMEX silver futures surged to a high of $78.29 per ounce, currently around $77.83, with a bullish moving average alignment and sufficient short-term upward momentum.
Shanghai Silver main contract closed at 19,163 yuan per kilogram, up over 2.8% for the day, breaking the 19,000 barrier, with trading volume significantly increasing.

Key Levels

• Support: $77.3–$77.5 (corresponding to Shanghai Silver 19,000–19,050 yuan/kg), as long as it holds, the bullish trend remains unchanged

• Resistance: $78.3, breaking above which will open up further upside potential

Upside Logic

Dual attributes: risk aversion + industrial demand (photovoltaics, new energy), strong long-term fundamentals support

Elasticity advantage: when precious metals overall strengthen, silver’s gains are usually more prominent than gold’s

Capital Drive: domestic bullish funds are actively entering, with good volume-price coordination in the market

Reminder: Silver is highly volatile and elastic; traders must control positions and set stop-losses. The above is only a market overview and does not constitute investment advice. #稳定币储备下降