Core Viewpoint - The Chinese commodity futures market showed overall stability on November 26, with major varieties experiencing mixed performance, particularly in precious metals which continued to rise due to dovish signals from the Federal Reserve [1] Group 1: Market Performance - The main contracts for silver and gold futures on the Shanghai Futures Exchange increased for two consecutive trading days, with silver rising by 1.79% to close at 12,227 yuan per kilogram and gold increasing by 0.55% to close at 946.72 yuan per gram [1][1] - Analysts noted that the recent strength in Chinese precious metal futures prices is largely driven by increasing market expectations for further interest rate cuts by the Federal Reserve in December [1][1] Group 2: Federal Reserve Influence - Multiple Federal Reserve officials have recently signaled a dovish stance, with one official suggesting that the U.S. economy requires significant rate cuts and that current monetary policy is hindering economic growth [1][1] - Predictions indicate an 84.7% probability of a 25 basis point rate cut by the Federal Reserve in December, reflecting growing market sentiment [1][1] Group 3: Long-term Outlook - A report from Ruida Futures highlights that, in the medium to long term, the increasing debt pressure in the U.S. makes gold an attractive asset as a hedge against dollar credit, supported by the ongoing enthusiasm for gold purchases from central banks [1][1]
中国金银期货价格连续两日上涨
Sou Hu Cai Jing·2025-11-26 11:54