The overall performance of spot silver prices on Tuesday (Monday) was calm. The highest intraday price in the US market was only .USD/oz. However, it at least ended the three consecutive days of decline. This was mainly due to the market's feelings about the economic policies of US President-elect Trump. Uncertainty has provided some support for silver. In addition, Trump has vowed to expand domestic spending, which may trigger inflation, but no more details about his policies have been disclosed so far.
The horrific data released today showed that U.S. monthly retail sales growth was better than expected, with the cumulative monthly and monthly increases hitting the largest since the beginning of the year, indicating that the continued strong growth of the economy may further support the Federal Reserve to raise interest rates next month. The Atlanta Fed's D model on Tuesday showed that the U.S. economic growth in the fourth quarter is expected to be .%, which was previously expected to be .
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Baishan Weiye official website information-Where are the opportunities for silver in the market outlook?