Global easing expectations heating up! Silver hits a twelve-year high, gold rises above $2680
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Due to the rising expectations of a Fed rate cut, the price of silver has reached a new high since 2012, with spot silver rising by 2.83% to $32.696 per ounce, with a year-on-year increase of 37%. The price of gold has also hit a historical high, reaching $2680 per ounce. With the implementation of stimulus measures in the Chinese economy, industrial demand for silver has increased, ETF fund inflows have rebounded, and speculative positions have also increased, indicating a bullish sentiment in the precious metals market
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