According to the data monitoring of business agency, the average price of domestic gold spot on the 22nd was 395.45 yuan / g, up 1.25% compared with 390.55 yuan / G on the 19th day, and up 15.45% compared with 342.54 yuan / g at the beginning of the year (01.01).

The spot price of domestic silver was 4323.67 yuan / kg on the 22nd, up 3.35% compared with 4183.33 yuan / kg on the 19th, and down 1.20% compared with 4281.67 yuan / kg at the beginning of the year (01.01).

Main influencing factors of precious metals on the 22nd

1. Concerns about the second outbreak of the epidemic led to rising risk aversion. The World Health Organization said on June 19 that the new coronavirus is still spreading rapidly around the world, and countries should prevent new epidemic peaks. Who director general Tan Desai said at a regular press conference that day that the new coronavirus is still spreading rapidly and most people are still at risk of infection.

2. At present, the real interest rate is relatively low, and the market’s fear of currency depreciation has raised the risk aversion. Loose fiscal and monetary policies by governments and central banks have raised concerns about inflation.