Silver, platinum, and palladium still follow the trend of gold prices, but their performance is even stronger.

In the early session, the trend of precious metal futures is strong, with platinum and palladium rising by more than 5%, and Shanghai silver rising by more than 4%. According to a research report by Guotai Junan Futures on December 22nd, despite the market not being optimistic about the future rate cut space of the Federal Reserve, the market is discussing and pricing the future chairman of the Federal Reserve, the number of rate cuts in 2016, and the pace of tightening. Due to concerns about financial market liquidity and weak economic outlook for employment, the market still tends to be optimistic, supporting the continued strength of gold prices. The current gold price is just a step away from the previous historical high, and attention is focused on whether it can effectively break through to open up upward space in 2021.