白银ETF-iShares（SLV）今日盘中大幅下挫8.54%，引起了市场的广泛关注。
消息面上，多重利空因素共同打压了白银市场。首先，国际大行瑞银（UBS）发布报告，大幅下调了对白银的价格预期，指出由于投资需求减弱、工业消费趋软以及矿产供应增加，预计2026年白银市场的供应缺口将急剧收窄，这严重削弱了市场的看涨情绪。其次，持续的通胀压力令市场对美联储的货币政策预期转向，美债收益率与美元携手走强，提高了持有无息资产白银的机会成本。此外，印度政府突然将白银进口关税大幅上调，引发了市场对全球重要实物需求可能受抑制的担忧。
综合来看，在机构看空报告、宏观货币政策压力以及重要消费国政策变动的三重夹击下，白银市场遭遇了显著的抛售压力。同时，现货白银价格跌破每盎司80美元的关键心理关口，也触发了技术性卖盘，加剧了跌势。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.