Prices of precious metals rose again in December

Price trend of spot precious metals

 

According to business news agency data, on December 30, the average price of silver in the morning market was 5477.67 yuan / kg, up 16.18% from the average price of 4715 yuan / kg in the spot market at the beginning of the month (December 1); the average price of silver in the morning market was 4376.33 yuan / kg, up 25.17% from the beginning of the year (01.01); the average price of silver in the morning market was 2942.67 yuan / kg, up 86.15% from the trough of the year (3.19); the peak value of silver in the year (8.11) The spot price of silver was 6708.33 yuan / kg, down 18.35%.

 

On December 30, the spot price of gold was 391.30 yuan / g, an increase of 4.99% compared with the average price of 372.71 yuan / g at the beginning of the month (12.1); the spot price of gold was 342.54 yuan / g at the beginning of the year (01.01), an increase of 14.23%; the spot price of gold was 331.75 yuan / g, an increase of 17.19%; the spot price of silver was 448 yuan / g, a decrease of 12.66%.

 

In December, the price of precious metals returned to the rising trend, mainly due to:

 

The development trend of overseas epidemic in winter has not been significantly curbed, especially the discovery of new virus strains, coupled with the poor data of the number of confirmed cases, resulting in the expected benefits of the vaccine greatly reduced;

 

On the policy side, the news that the United States signed a US bail-out bill to legislate a US $2.3 trillion plan, combined with the continued depreciation of the US dollar, led to a surge in the demand for gold in terms of anti inflation and hedging.

POLYVINYL ALCOHOL