The price of precious metals plummeted

According to the data of business agency, the spot price of gold on September 24 was 396.80 yuan / g, a decrease of 6.33% compared with the average price of 423.60 yuan / G on the spot market at the beginning of the month (9.1); the spot price of gold was 342.54 yuan / g at the beginning of the year, up 15.84%; the spot price of gold was 331.75 yuan / g, up 19.61%; compared with the peak value (8.7) of the year, the spot price of silver was 448 yuan / g , down 11.43%.

Sodium Molybdate

On September 24, the average price of silver market was 4837.67 yuan / kg, a decrease of 22.44% compared with the early average price of 6237 yuan / kg in the spot market at the beginning of the month (September 1); compared with the spot price of silver at the beginning of the year (01.01), it was 4281.67 yuan / kg, up 10.54%; compared with the valley value (3.19), the spot price of silver was 2942.67 yuan / kg, up 64.40%; compared with the peak value (8.11) of the year, the spot price of silver was 6708.33 yuan / kg , down 27.89%.

Silver 3 in a row plummeted, spot short more than doubled

Before the start of silver price slump, the author was bearish at 5764 yuan / kg average price in the simulated account of Shanghai Stock Exchange. This week, silver plummeted for three consecutive times, and the simulated fund of the account has more than doubled

According to business agency data, the average price of silver on September 24 was 4837.67 yuan / kg, a decrease of 16.19% compared with the average price of 5772 yuan / kg in the spot market on September 18

povidone Iodine

Influencing factors of recent news

1. The US dollar index strengthened, reaching a 2-month high

2. Worries about the second overseas epidemic and the US financial deadlock continue

Capital factor

Silver with strong commodity attributes suffered panic selling, and the position of iShares silver trust, the world’s largest silver, decreased by 63.68 tons compared with the previous day, and the current position was 17214.03 tons.

Future forecast

It is expected that the price of precious metals will continue to be weak in the near future.

http://www.lubonchem.com/