According to the data monitoring of business agency, the average price of domestic gold spot on 27th was 330.86 yuan / g, up 0.49% compared with 329.25 yuan / G on 26th, 343.30 yuan / g, down 3.62% compared with the monthly peak (November 1), and 284.10 yuan / g, up 16.46% compared with the price at the beginning of the year (01.01).
| PVA 1799 (PVA BF17) |
On November 27, the spot price of silver in China was 4112.67 yuan / kg, an increase of 1.39% compared with the spot price of 4056.33 yuan / kg on November 26; on November 1, the spot price of silver was 4367 yuan / kg, a decrease of 5.82%; on November 1, the spot price of silver was 3617.67 yuan / kg, an increase of 13.68%.
Main influencing factors
| PVA 1788 (PVA BP17) |
1. China US trade negotiations are expected to be digested in advance
On the morning of November 26, Liu He, a member of the Political Bureau of the CPC Central Committee, vice premier of the State Council and China’s leader of the China US comprehensive economic dialogue, spoke with us trade representative lait Heze and finance minister mu nuqin. The two sides discussed the resolution of each other’s core concerns, reached consensus on the resolution of relevant issues, and agreed to maintain communication on the remaining issues of the first phase of the agreement and consultation. The first phase of the trade agreement between China and the United States is expected, with feedback from the market on the 26th, providing room for today’s slight price rebound.
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