Silver Market Report December 2016
2017-02-09 11:23:07 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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In December, American shares soared and market participants have taken positive attitudes towards the market after Trump was elected as the American president; in addition, economic data released by U.S.A was favorable and USD index increased given that market participants kept positive attitude towards American economic expectation, so silver prices undertook the downward pressure in December. In January 2017, USD index fell back and the precious metal market was more positive than the expectation, so Asian Metal anticipated that silver prices may rise and move in the range of RMB4,000-4,150/kg (USD16.50-17.10/oz).
