Dollar rise and fall: there is a saying in the silver market that the dollar rises and the silver falls, while the dollar falls and the silver rises. Whether it is futures or spot, as long as the dollar is positive, the trend of silver will be negative, so you can usually observe the trend of foreign currency to predict the trend of silver.
Supply and demand: scarcity is the most valuable thing. If the output of silver increases, silver will naturally be affected and the trend will be negative. On the contrary, supply less than demand will stimulate the trend of silver to improve.
Stock market: When the stock market is depressed, the trend of silver will rise. This shows investors' expectations of economic development prospects. If most people are optimistic about the economic prospects, a large amount of funds will flow to the stock market, and the investment enthusiasm in the stock market will be high, and the trend of silver will decline.
Political turmoil: Some major events in the international political situation will also affect the trend of silver, such as Britain's withdrawal from the EU and the US elections last year.