Group 1 - Copper prices on the London Metal Exchange reached a record high of $12,960 per ton, with a daily increase of 6.18% [1] - The rise in copper prices is attributed to market expectations of continued loose monetary policy by the Federal Reserve next year and a weaker dollar reducing holding costs [1] - Spot silver experienced significant volatility, initially rising nearly 6% before dropping close to 5%, while spot gold fell below $4,500, with a decline of over 1% [1] Group 2 - Domestic gold jewelry prices have also decreased, with Chow Sang Sang's gold jewelry quoted at 1,406 yuan per gram, down 6 yuan from 1,412 yuan per gram on December 27 [4] - Analysts warn that precious metal prices are at a precarious point, with a risk of correction accumulating [4] - Market analysts suggest that the rise in precious metal prices is driven by expectations of multiple rate cuts by the Federal Reserve in 2026, along with strong buying from central banks and private investors [4]
金银暴跌,铜价暴涨!
Sou Hu Cai Jing·2025-12-29 09:25