Silver futures hit a new high again; analysts warn of the risks of a large and rapid pullback in silver prices.

Silver futures continued their strong upward trend on Wednesday, hitting a new historical high for the fourth consecutive trading day. At the close, the silver futures for delivery in March next year on the New York Commodity Exchange closed at $71.685 per ounce, up 0.77%. Some analysts point out that the rise in silver prices is driven by factors such as the Fed's interest rate cuts, increased industrial and investment demand. However, the rapid rise in silver prices involves a lot of speculative positions, and investors need to be cautious of the risk of a sharp downturn in silver prices in the short term.