China Baiyin Group (00815) surpassed 13% and rose 13.04% at press time to report HK$0.39, with a turnover of HK$1.06 million.
The Zhitong Finance App learned that China Silver Group (00815) surpassed 13% and rose 13.04% at press time to HK$0.39, with a turnover of HK$1.06 million.
According to the news, recently, after the “steady rise” in the price of gold, the price of silver also ushered in a rise, even surpassing that of gold. By the close of April 10, the price of silver on the New York Mercantile Exchange reached $28.08 per ounce, a three-year high. Under these circumstances, quite a few investors have set their sights on silver.
According to the latest report by Everbright Futures, the gold and silver price ratio is receiving close attention from the market. If the market is still optimistic about gold, capital may be diverted to silver. In particular, in terms of fundamentals, there will still be a certain margin of supply and demand gap for silver this year, so when gold continues to reach new highs, it will inevitably drive the bullish sentiment of silver in the market.