#战略性加仓BTC Why are gold and silver no longer exclusive to traditional investments?

Simply put, the game rules for these two assets changed completely in 2022.

The awakening moment for gold was that year. When the US and its allies started using the dollar as a geopolitical weapon, many central banks began reevaluating their reserve assets. Price fluctuations became a secondary concern—central banks buy gold not for short-term speculation, but for long-term risk hedging. Interestingly, the global central bank gold reserve ratio still has room to grow, which means this demand could persist for many years.

The story of silver is even more recent. It wasn't until this summer that the silver market truly faced a liquidity crisis—globally available deliverable silver inventories were shockingly low. This is not a temporary phenomenon but a structural issue. Meanwhile, industrial demand (especially in new energy and semiconductor sectors) provides strong support for silver, similar to the persistent demand from central banks for gold.

And what about 2026? Don’t expect the frenzy of 2025. A moderate upward trend is healthier. This doesn’t mean the market will stagnate, but rather that it’s returning from a speculative-driven phase to one driven by fundamentals. Volatility will still exist—that’s the nature of these assets, so there's no need for excessive panic.

The core insight is simple: gold and silver are reshaping their roles in global asset allocation. It’s not a bubble, not short-term speculation, but a deep structural shift. Whether it’s the long-term allocation needs of central banks or genuine industrial procurement, both are laying a solid foundation for this cycle. For traders looking to diversify their portfolios, this is worth paying close attention to.