What is the impact of silver td price

As an international financial product, silver td is affected by many factors. Among many factors, what is the price trend of silver td? The teacher will summarize relevant knowledge through professional knowledge and hope to help everyone!

What is the price of silver td affected?

Influencing the silver TD price trend can be carried out from the following aspects:

Supply and demand factors

If silver production increases significantly, silver prices will be affected and fall. However, if there is a long-term strike by miners and other reasons to stop the increase in output, the price of silver will appreciate when demand exceeds supply.

International Gold Trend

Through a long-term comparison of gold and silver price trends, the two showed a strong positive correlation.

Speculative factors

Speculators use leverage multiples to speculate, resulting in fluctuations in the silver td price.

Open http://t2.mademoney.net, then click whatsapp account +917406391776 to add teachers. A simple greeting may open the door to wealth.

Fluctuation of US dollar exchange rate factors Oil price fluctuations

According to historical statistics, when the price of oil continues to rise in the international market, the price of silver will continue to rise. The reason for this is the increase in oil revenues in oil-producing countries, which will affect the silver market demand.

At the same time, because the current international oil price is denominated in US dollars, rising oil prices often cause the depreciation of the US dollar, and the depreciation of the US dollar will cause people to buy silver to maintain value, thus stimulating the price of silver.

Political and war events

Major international political and war events will affect the price of silver. The government pays for wars or maintaining the stability of the domestic economy, and a large number of investors turn to silver td value-preserving investment, which will expand the demand for silver td and stimulate silver prices.