Summary of spot price trend of precious metals

According to the data of business agency, the average early trading price of silver market on November 25 was 4862.33 yuan / kg, which was 0.54% higher than the average early trading price of spot market on the previous working day (November 24); Compared with the beginning of the year (01.01), the spot price of silver was 5550 yuan / kg, a decrease of 12.39%.

On November 25, the spot market price of gold was 369.37 yuan / g, a decrease of 0.08% compared with the spot market price of 369.65 yuan / G on the previous working day (11.23), and a decrease of 0.06% compared with the early average price of 369.60 yuan / g in the spot market price at the beginning of November (11.1); Compared with the spot price of gold at the beginning of the year (01.01), 392.70 yuan / g, down 5.94%.

Comparison of precious metal gold and silver price trends in recent 1 year

The convergence of precious metal gold and silver is relatively good, the price amplitude of silver is large, and the direction is basically the same. Recently, at the end of September, the price of silver fell rapidly, and the rise and fall of precious metal prices converged. After the return of the national day, the price of silver hit the bottom and rebounded. The fluctuation amplitude of silver price is large, the price trend of gold and silver tends to narrow, and the recent price fluctuation of silver is relatively stable.

Price trend of precious metals and crude oil

The United States announced the release of 50 million barrels of strategic oil reserves from its strategic reserves. Japan will throw away 4.2 million barrels and India will throw away 5 million barrels. In addition, South Korea and Britain will also release strategic oil reserves.

Message surface

The Federal Reserve released the minutes of the FOMC meeting in November. The expectation of “raising interest rates in advance” received market feedback yesterday in the early stage, and the price basically operated stably today.