First, the inflation factor. As a macro-control means, controlling inflation risk is one of the main functions of the central bank to raise interest rates, and silver is a natural tool to resist inflation. Therefore, it is logical for funds to flood into the silver market to hedge and preserve value, thus boosting the price of silver.

Second, the dollar linkage, because the Federal Reserve has said more than once that it will maintain a very low interest rate level in the future, and the interest rate hike in non-US currencies will undoubtedly increase the pressure on the dollar spread.

Third, the impact of raising interest rates is the impact on the investment field. Investors who invest in the stock market or futures market are worried that raising interest rates will impact the market. In order to avoid the coming risks, they will choose to buy precious metals such as silver to preserve their value.

-The news comes from Huijinbao G0LD678. I hope the answer is useful to you.