KCM Trade Australia Managing Director Jason Lau Invited to SBS for In-Depth Analysis of Precious Metals Trading
Jason Lau, Managing Director of KCM Trade Australia. He was invited once again to SBS In January 2026, for a dedicated discussion on precious metals market dynamics, delivering in-depth insights that underscored his authoritative standing within the industry.
Precious Metals Market Review: Silver Leads with Strong Performance
In the precious metals market, Jason highlighted silver’s standout performance in 2025. Rising by over 30% over the year, silver climbed from approximately USD 30 at the beginning of the year to above USD 90 by year-end, significantly outperforming gold, which recorded gains of just over 7% in the same period, particularly from the fourth quarter onwards.
He explained that silver possesses both precious metal and industrial characteristics. When the gold-to-silver ratio climbed to 100:1 in mid-2025, it attracted substantial “catch-up” trading activity. Subsequent gains in silver prices drove the ratio back towards a more reasonable level of around 50.
Key Drivers: Rising Demand Meets Tightening Supply
Jason identified surging industrial demand as the core driver behind silver’s strength. The rapid expansion of the AI industry has boosted semiconductor demand, while N-type solar panels—set to gradually replace traditional technologies—consume 30% to 50% more silver than P-type panels, significantly increasing overall demand.
On the supply side, silver has experienced a structural deficit for five consecutive years. China’s designation of silver as a strategic resource, coupled with export controls, has further intensified supply constraints, providing strong support for prices. Additional tailwinds include increased silver holdings by central banks and a shift towards physical settlement in the futures market.
Market Outlook and Trading Advice: Maintain Strict Risk Management
Looking ahead, Jason cautioned that elevated gold and silver prices reflect heightened market risk appetite. With US equities also trading at historical highs, global financial markets may face short-term correction pressures. He advised traders holding risk assets such as precious metals to implement strict take-profit and stop-loss strategies, emphasising disciplined risk management and a rational approach to market opportunities.
KCM Trade will continue to leverage its professional expertise to closely monitor market developments and industry trends, delivering financial services and trading insights that remain closely aligned with evolving market conditions.
About SBS Radio
The Special Broadcasting Service (SBS) is Australia’s leading multicultural public broadcaster, renowned for its high-quality news and financial content. Through multilingual platforms across broadcast and digital channels, SBS reaches diverse audiences, with its financial programmes widely recognised for their depth, professionalism and global perspective.
As a regular guest commentator, Jason Lau continues to share top-tier financial insights via SBS, contributing to the enhancement of public financial literacy. In an increasingly complex financial environment, his professional analysis and trader education form a dual engine supporting sustainable wealth growth and the healthy development of financial markets. Audiences are encouraged to tune in to upcoming SBS programmes for the latest strategic insights.
KCM Trade invites you to listen to the full interview: [link] | SBS Chinese – hear authoritative voices and gain trading wisdom.
