The most shining moment in 12 years! Is the "golden age" of silver about to begin?
①With the spot silver price hitting the highest level in nearly 12 years this week, the cumulative increase in the price of this precious metal has reached about 34% so far this year, even overshadowing the historically high gold prices; ②Multiple signs indicate that whether as a store of value or an industrial commodity, the demand for silver has been consistently strong recently.
China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with multiple measures of monetary and fiscal stimulus policies in china, not only has it promoted the soaring of A-share market, but also helped some csi commodity equity index, showing a rebound market like a dragon swinging its tail... On Thursday, LME copper broke through the $10,000 integer mark all the way, Singapore iron ore futures regained the $100 level, and spot silver prices touched a 12-year high!
Gold: Why Bullish Sentiment Shouldn't Worry Investors
India's gold demand is expected to remain strong in the coming months as tariffs are lowered during the gold buying season.
①India, the world's second largest gold consumer, recently reduced import tariffs on gold, and with India's traditional festivals and wedding season approaching; ②this will drive continued strong gold purchases in India, with global gold demand expected to remain robust in the coming months.
Gold Lingers Near Record Highs, Powell's Speech Eyed for Rate Cues
ETF Investors Take Notice as Gold Hits Fresh Record High
