Today, the precious metals sector is in the spotlight, especially silver, which is leading the gains. Just look at the data — the main contract of Shanghai silver futures surged over 10% intraday, and spot silver was not to be outdone, rising over 5% at one point. Both markets have hit record highs.

Why is this happening? Actually, we have analyzed this before — the pricing power of silver is controlled by foreign markets. Although domestic restrictions limit speculative trading in futures, they cannot fundamentally restrict the pricing of silver itself. As international silver futures strengthen, the domestic stock market will inevitably follow suit to catch up. Today marks this full-scale rally.

To be honest, this round of gains is quite aggressive. While there seem to be many opportunities, it's important to stay clear-headed when chasing the market. Precious metals are often a mirror of risk and opportunity. Rapid short-term increases often also mean the possibility of a correction. Those looking to participate should keep their pace in check and avoid getting carried away by the market frenzy.