賣出部分SLV，主要是為了鎖定部分獲利。2025年到2026年初，白銀價格漲幅十分瘋狂，從約28美元一路衝上33美元以上，SLV跟隨現貨上漲，我持倉已實現約15%的收益。這種短期爆發式上漲，主要來自近期對期貨的迫空加上各種工業需求買盤，我覺得已經捕捉到部分紅利，是時候部分減持。
白銀需求基本面其實不錯，工業用途佔比超過50%，尤其光伏產業2026年預計用銀量續增10%以上，電動車和電子產品也帶來穩定支撐。但供應端礦產增長有限，短期供需偏緊支撐價格。不過，近期漲勢過快，已透支不少利多，市場情緒過熱，一旦聯儲降息預期放緩或美元反彈，白銀容易出現明顯回調。
所以我選擇賣出部分倉位，實現獲利並降低波動風險。餘下倉位繼續持有，期望白銀在長期工業需求推動下，能帶來更高回報，尤其如果2026年全球製造業復甦更強勁，價格仍有上行空間。
| Side | Price | Realized P&L |
|---|---|---|
| Sell Close | 77.24 | +14.98% Closed |
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