Silver enters meme stock status; analysis suggests the silver market will gradually fade away

K-LinePoet · 2026-02-04T17:47:03+00:00

International spot silver prices initially rose slowly in early January, followed by a sharp decline. Analysts point out that the silver market has entered a "meme stock" state, and in the future, it may return to oversupply, likely underperforming gold.

K-LinePoet

2026-02-04 17:47:03

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Since early January, the international spot silver price trend initially experienced a slow, escalator-like rise, followed by a free-fall acceleration starting from last Friday local time. Regarding the silver trend, analysts pointed out that over the past week or so, the silver market trading has entered a state similar to “meme stocks.” The term “meme stocks” refers to market movements driven more by market sentiment, social media discussions, and capital chasing rather than fundamental changes. George Heppel, Vice President of Commodity Research at Montreal Bank Capital Markets in Canada: We believe that the silver market is likely to gradually “recede” in the coming period, returning to a state of oversupply of physical silver. In the future, silver may be somewhat driven by the rise in gold, but overall, we judge that silver’s performance will most likely remain weaker than gold. (CCTV Finance)

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