According to the data of business agency, on August 31, the average early price of silver market was 4190 yuan / kg, down 1.20% on a daily basis. Compared with the average early price of spot market at the beginning of the month (August 1), it was 4432.67 yuan / kg, down 5.47%; Compared with the average price of 4770 yuan / kg in the spot market at the beginning of the year (January 1), the decrease was 12.16%.
| Chitosan oligosaccharide |
On August 31, the spot market price of gold was 386.89 yuan / g, down 0.74% on a daily basis, up 1.30% from the early average price of 381.93 yuan / g in the spot market at the beginning of the month (August 1); Compared with the average price of the spot market at the beginning of the year (January 1) at 372.37 yuan / kg, an increase of 3.90%.
Comparison of price trends of precious metals (gold and silver) in recent 1 year
From the long-term perspective, the price trend of precious metals tends to be similar, the long-term trend is basically the same, and the amplitude is slightly different. In August, silver fell deeply, and the gold price was relatively stable.
Price trend of precious metals and crude oil
Macro policy
1. Domestic policy
The domestic LPR was lowered, and the domestic macro policy was relatively stable.
| Gamma-PGA (gamma polyglutamic acid) |
2. International policy
The hawkish probability of the Federal Reserve’s interest rate increase in September increased, the European economy was hit hard by energy, and the manufacturing PMI index of Germany and France in August continued to be lower than the 50th percentile, which is not optimistic.
Future forecast
Hawkish remarks on US monetary policy are frequent, and the expectation of interest rate increase in September rises. The expectation of interest rate increase in Europe and the United States will suppress the recent precious metal price, and it is expected that the precious metal price will be weak in the short term.
| http://www.lubonchem.com/ |