In early trading on December 29, the spot silver price once broke through 83 US dollars/ounce, an increase of nearly 6%, then quickly fell to around 75 US dollars, maintaining a narrow fluctuation trend. As of 10:09, it fell 2.03% to 77.72 US dollars/ounce, rising more than 160% during the year, significantly outperforming gold's gains. Zhonghui Futures warns that currently silver has entered a serious overbought range. Subsequent or rapid pullbacks will release pressure, or slowly absorb gains through high sideways trading. However, this does not mean the end of the bull market, as the logic underpinning the long-term rise of precious metals has not changed — the Federal Reserve's interest rate cut cycle begins, global central banks continue to buy money, heightened geographical risks, and long-term concerns about monetary credit.

In early trading on December 29, the spot silver price once broke through 83 US dollars/ounce, an increase of nearly 6%, then quickly fell to around 75 US dollars, maintaining a narrow fluctuation trend. As of 10:09, it fell 2.03% to 77.72 US dollars/ounce, rising more than 160% during the year, significantly outperforming gold's gains. Zhonghui Futures warns that currently silver has entered a serious overbought range. Subsequent or rapid pullbacks will release pressure, or slowly absorb gains through high sideways trading. However, this does not mean the end of the bull market, as the logic underpinning the long-term rise of precious metals has not changed — the Federal Reserve's interest rate cut cycle begins, global central banks continue to buy money, heightened geographical risks, and long-term concerns about monetary credit.