On September 12, gold and silver prices rose sharply on Monday, mainly driven by the sharp fall of the US dollar index again.
The yield of US Treasury bonds fell at the beginning of this week, which is also good for the precious metal market. There are more short covering in the futures market. Global stock markets are generally stronger, and the trend of US stock futures suggests that US stocks will open higher.
Almost half of September has passed, and the stock and financial markets are not facing major market anxiety. The short-term downward trend of major US stock indexes has stopped. History shows that September and October may be turbulent months for stock and financial markets.
Meanwhile, traders and investors are waiting for the latest US inflation report released on Tuesday. It is expected that the CPI will increase by 8.0% year-on-year in August and 8.5% in July. There are signs that inflation in the United States is cooling down. (Jinshi data APP)