Hunan Weide Bulk Commodity Spot Trading Center
Investment Hotline
Manager Liu
Hunan Weide Bank Investment Promotion, Hunan Weide Company Agent, Hunan Weide Bank Agent, Hunan Weide Personal Agent, Hunan Weide Bank German bulk commodity investment, Hunan Weide agent, Hunan Weide spot investment, Hunan Weide investment, gold, silver, copper, fuel hydrocarbons, energy, palladium.
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In the field of precious metals, the gold-silver ratio has always been a magical indicator, but ordinary investors tend to ignore it. Silver prices have fallen sharply in the past week, setting a steep decline since the start of the year. Due to its frequent large fluctuations, silver is a well-known devil metal. Silver's current daily volatility is close to its high value since the beginning of the year.
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Judging from the trend of the precious metal market this year, only silver performing far better than gold is the normal rising rhythm of precious metals. On the contrary, if the gold-silver ratio continues to rise, it often indicates that the precious metals market will enter a new round of decline. The gold-to-silver ratio hit bottom at the beginning of this year and has continued to rise since then. Gold and silver also peaked and fell soon after, and the opposite trend of gold and silver prices and the gold-silver ratio maintained a high degree of synchronicity.
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Generally speaking, the gold-silver ratio generally has to go
before it officially means it has entered the overbought zone, which may indicate that the ratio will still rise to a certain extent in the market outlook. space. And once the gold and silver ratio continues its nascent upward trend, it will undoubtedly be detrimental to the market outlook for gold and silver!
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Hunan Weide Bulk Commodity Spot Trading Center
Investment Hotline
Manager Liu
Hunan Weide franchise and nationwide investment promotion