On April 10, SunSirs’ silver benchmark price was 5525.33 RMB/kg, which was an increase of 4.25% compared with the beginning of this month (5300.00 RMB/kg).

At present, the price of precious metals is close to a new high in the past ten years. Under the governance of high inflation and high interest rates that we expected in the early stage, the pace of recession in overseas economies may lead to relatively full risk aversion. At present, it has basically been reflected in the price. Considering Subsequent inflation and non-agricultural employment data still need to be wait-and-see, and the impact factors of superimposed interest rate hike expectations are gradually decreasing. It cannot be ruled out that precious metal prices have experienced a slight decline after the recent rise. Overall, the probability of high-level consolidation of precious metals in April has increased.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.