Since this year, the price of silver has continued to rise, becoming the focus of attention in the global commodity market. In June, the international spot silver price once soared above $37 per ounce, a record high in nearly ten years. The domestic spot silver price also topped 8.46 yuan/gram at one point, showing a strong upward trend. This year, as silver prices continue to rise, silver investment products are ushering in a new wave of consumption. According to some data, sales of products such as investment silver bars and silver ingots surged more than 40% year on year. Like silver, platinum prices have also skyrocketed this year. The platinum market was sluggish in the previous two years, but recently platinum prices have risen rapidly, breaking through 300 yuan per gram. Since the beginning of the year, platinum's cumulative increase has exceeded 36%, which is higher than that of gold during the year. The reporter saw at the Shenzhen Shuibei Market that quite a few stalls have reduced gold sales, increased platinum sales, and some have even directly switched to selling platinum. Following gold, silver and platinum are becoming new favorites in the precious metals market. However, experts cautioned that the precious metals market is currently affected by international geopolitics and fluctuates greatly. Consumers must remain rational and not blindly chase higher prices, so as not to cause losses.

Zhitongcaijing · 07/05 11:09
Since this year, the price of silver has continued to rise, becoming the focus of attention in the global commodity market. In June, the international spot silver price once soared above $37 per ounce, a record high in nearly ten years. The domestic spot silver price also topped 8.46 yuan/gram at one point, showing a strong upward trend. This year, as silver prices continue to rise, silver investment products are ushering in a new wave of consumption. According to some data, sales of products such as investment silver bars and silver ingots surged more than 40% year on year. Like silver, platinum prices have also skyrocketed this year. The platinum market was sluggish in the previous two years, but recently platinum prices have risen rapidly, breaking through 300 yuan per gram. Since the beginning of the year, platinum's cumulative increase has exceeded 36%, which is higher than that of gold during the year. The reporter saw at the Shenzhen Shuibei Market that quite a few stalls have reduced gold sales, increased platinum sales, and some have even directly switched to selling platinum. Following gold, silver and platinum are becoming new favorites in the precious metals market. However, experts cautioned that the precious metals market is currently affected by international geopolitics and fluctuates greatly. Consumers must remain rational and not blindly chase higher prices, so as not to cause losses.