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总结
多家海外媒体报道，金银价格在经历剧烈波动后出现反弹：白银录得四年来最差单日表现后回升，黄金与白银在年末“过山车”式行情中震荡加剧。波动的触发因素包括获利了结与杠杆交易导致的集中抛售、交易所上调贵金属保证金以抑制风险、资金在避险资产与风险资产间切换，以及市场对通胀与利率路径预期变化带来的定价重估。短期内，保证金调整与流动性收缩可能放大涨跌幅，影响贵金属投资情绪与相关衍生品市场稳定。
正文
What's driving the rollercoaster in gold and silver prices? ABC News 'We're in a metals war': Gold, silver rebound after sharp sell-off Yahoo Finance CME Hikes Precious-Metal Margins Again After Wild Price Swings Bloomberg.com Silver is rebounding after its worst trading day in four years. Here's what is behind the move. CBS News Gold and silver see rollercoaster end to blockbuster year BBC
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