Silver prices continue to fluctuate at high levels
On December 11th, silver futures prices on the New York Mercantile Exchange broke through $62 per ounce, and the main contract for silver on the Shanghai Futures Exchange also rose. Qu Rui, deputy director of the research and development department at Dongfang Jincheng, stated that silver prices will experience high-level fluctuations in the short term due to the Federal Reserve's interest rate cuts and tight silver spot supply. At the same time, driven by demand from photovoltaics and new energy, the insufficient supply of silver is widening the supply-demand gap, which is favorable for silver prices
