This morning, the precious metals market showed a mixed trend. As of 12:44 noon on December 29, domestically, the price of 9999 gold is quoted at 1011 yuan, and the Water Bei gold price is 1168 yuan per gram. In the international market, spot gold experienced a slight correction, down 0.22%, with the latest quote at $4516.81 per ounce. However, the futures market performed quite differently, with COMEX gold futures rising against the trend by 0.30% to $4564.42 per ounce. Silver futures surged strongly, with an increase of 11.15%, quoted at $79.678 per ounce. From today's market data, although spot prices have pulled back, the enthusiasm for futures remains strong, especially with the significant rise in silver, indicating that funds are still optimistic about the precious metals market's outlook.
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AltcoinMarathoner
· 7h ago
spot's sleeping but futures are running the marathon rn... that silver pump tho? 11% is not noise, that's institutional accumulation phase talking fr
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down_only_larry
· 7h ago
Is this surge in silver genuine, or is it just another trap to lure more buyers?
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TokenomicsDetective
· 7h ago
Silver rises by 11.15%? That’s quite bullish, feels like someone is holding a big move back.
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SadMoneyMeow
· 7h ago
The recent surge in silver is serious; an 11% increase can't be ignored.
This morning, the precious metals market showed a mixed trend. As of 12:44 noon on December 29, domestically, the price of 9999 gold is quoted at 1011 yuan, and the Water Bei gold price is 1168 yuan per gram. In the international market, spot gold experienced a slight correction, down 0.22%, with the latest quote at $4516.81 per ounce. However, the futures market performed quite differently, with COMEX gold futures rising against the trend by 0.30% to $4564.42 per ounce. Silver futures surged strongly, with an increase of 11.15%, quoted at $79.678 per ounce. From today's market data, although spot prices have pulled back, the enthusiasm for futures remains strong, especially with the significant rise in silver, indicating that funds are still optimistic about the precious metals market's outlook.