Group 1 - Silver market shows strong upward momentum, outperforming gold with a year-to-date increase of approximately 35% compared to gold's nearly 28% rise [1] - Current silver price is attempting to maintain above the critical level of $39 per ounce, following a prolonged supply shortage lasting 7 years [1] - Spot gold price has fallen below the important threshold of $3360.23 per ounce, while spot silver has shown a slight increase of 0.02% to $39.03 per ounce [1] Group 2 - The S&P Global Purchasing Managers' Index (PMI) indicates that the US composite PMI rose from 52.9 in June to 54.6 in July, with the services PMI significantly increasing to 55.2, reflecting accelerated economic activity [2] - Strong PMI data supports the Federal Reserve's decision to maintain current interest rates, while also boosting the US dollar index and US Treasury yields [2] - Upcoming US durable goods orders data is crucial as it may provide new insights into gold price trends, with strong data potentially reinforcing economic recovery expectations and further pressuring gold prices [2] Group 3 - Spot gold experienced fluctuations with a downward trend, while spot silver remains near a 14-year high, hovering around levels last seen in September 2011 [3] - Silver's recent price action is supported by a weak dollar, with a weekly increase of nearly 2.36%, despite a slight daily decline of 0.50% [3] - Silver continues to trade well above its 9-day, 21-day, and 50-day moving averages, maintaining a bullish technical structure [3]
PMI压制金价静候耐用品 黄金失守关键位白银逆势微升
Jin Tou Wang·2025-07-25 04:31