Recently, the popularity of the international precious metals market has been heating up. The London spot gold price soared from around 3,940 US dollars/ounce to above 4,400 US dollars/ounce, and the London spot silver price also rose from a high of around 54 US dollars/ounce to over 66 US dollars/ounce. The biggest cumulative increases between the two ranges exceeded 12% and 21%, respectively. In this round of rising prices, the silver market is characterized by a delay in starting the market and a more intense price increase. Industry insiders believe that the performance of US non-farm payrolls data falls short of expectations, the decline in US bond yields, the fall in the US dollar index, and market adjustments to the Federal Reserve's monetary policy expectations have all improved the macroeconomic environment for the recent operation of precious metals prices. Continued gold purchases by central banks around the world also provided medium- to long-term support for the precious metals sector, while industrial demand in fields such as photovoltaics and new energy also gave silver fundamental support that distinguished it from gold. In addition, the silver market is relatively small and price flexibility is higher. Once capital risk appetite improves, its increase is often more prominent. In the short term, silver prices are expected to continue to fluctuate strongly, based on multiple favorable support. The medium- to long-term trend in silver prices is highly dependent on factors such as the pace of the Federal Reserve's monetary policy shift, and the overall market is prone to rising and difficult to falling.

Recently, the popularity of the international precious metals market has been heating up. The London spot gold price soared from around 3,940 US dollars/ounce to above 4,400 US dollars/ounce, and the London spot silver price also rose from a high of around 54 US dollars/ounce to over 66 US dollars/ounce. The biggest cumulative increases between the two ranges exceeded 12% and 21%, respectively. In this round of rising prices, the silver market is characterized by a delay in starting the market and a more intense price increase. Industry insiders believe that the performance of US non-farm payrolls data falls short of expectations, the decline in US bond yields, the fall in the US dollar index, and market adjustments to the Federal Reserve's monetary policy expectations have all improved the macroeconomic environment for the recent operation of precious metals prices. Continued gold purchases by central banks around the world also provided medium- to long-term support for the precious metals sector, while industrial demand in fields such as photovoltaics and new energy also gave silver fundamental support that distinguished it from gold. In addition, the silver market is relatively small and price flexibility is higher. Once capital risk appetite improves, its increase is often more prominent. In the short term, silver prices are expected to continue to fluctuate strongly, based on multiple favorable support. The medium- to long-term trend in silver prices is highly dependent on factors such as the pace of the Federal Reserve's monetary policy shift, and the overall market is prone to rising and difficult to falling.