The price of silver is easily influenced by European and American economic data. Here are some American economic data that easily affect the price of silver: 1, GDP. Generally, the higher the GDP, the better the economic development, the higher the interest rate, the stronger the exchange rate and the weaker the gold price. Investors should examine the results of comparing the GDP of this quarter with the data of the previous quarter and the same period of last year. Increasing or exceeding the expected growth rate can be regarded as favorable. 2. Industrial production index. The rise of the index means that the economy is improving, interest rates may be raised, and it should be biased towards the US dollar and bearish on gold; The opposite is good. 3. Purchasing Managers Index. Purchasing managers' index is expressed as a percentage, and 50% is often used as the dividing point of economic strength: now when the index is higher than 50%, it is interpreted as a signal of economic expansion. The dollar is bullish and gold is bearish. When the index is below 50%, especially very close to 40%, there is the worry of economic depression. It is generally expected that the Federal Reserve may cut interest rates to stimulate the economy. Bad dollars, good gold. 4. Employment report. Since the publication time is at the beginning of the month, it is generally used as the keynote of the economic indicators of the month. Among them, non-agricultural employment population is an important data for estimating industrial production and personal income. The decline in unemployment rate and the increase in non-agricultural employment population indicate that the economy is improving and interest rates may be raised, which is good for the dollar and bad for gold; On the contrary, it is unfavorable to the US dollar, bullish on gold 5 and producer price index PPI. Generally speaking, the rise of producer price index is mostly bullish on the dollar and bearish on gold: the decline is bearish on the dollar and bullish on gold. 6. Retail index. The increase of retail sales represents the increase of personal consumption expenditure and the improvement of economic situation. If the expected interest rate rises, it is good for the dollar and bad for gold; On the other hand, if the retail sales decline, it means that the economy is slowing down or not good, and the interest rate may be lowered in favor of the US dollar. 7. Consumer price index. One of the most frequently mentioned price indices when discussing inflation. The consumer price index is rising, and there is inflationary pressure. At this time, the central bank may control it by raising interest rates, which is good for the US dollar and bad for gold. On the contrary, the index fell, bearish on the dollar and bullish on gold. However, because most products related to life are final products, their prices only go up and down, so the consumer price index can't fully reflect the fact of price changes. 8, new housing and construction permit building indicators. Because changes in housing construction will directly point to economic recession or recovery. Generally speaking, the increase in new housing starts and building permits is theoretically a positive factor for the US dollar, which will promote the strength of the US dollar and be bad for gold. The decline or lower than expected in new housing starts and building permits will put pressure on the dollar. Lido gold 9. Us EIA crude oil inventories last week. Last week, US EIA crude oil inventories will affect international crude oil prices. Theoretically, the decrease in stocks and the increase in crude oil prices are good for gold. The increase in stocks and the decline in crude oil prices are not good for gold 10 and new house sales. Refers to the number of houses that have signed sales contracts. Because buyers usually subscribe for houses through mortgage loans and mortgage loans, they are sensitive to the current mortgage interest rate. The real estate market reflects the consumption expenditure level of residents. If consumer spending is strong, it shows that the country's economy is running well. Therefore, generally speaking, the increase in housing sales is theoretically a positive factor for the US dollar, which will promote the strength of the US dollar and be bad for gold; Falling or lower-than-expected sales will put pressure on the dollar and benefit gold. CCI consumer confidence index. Consumer spending accounts for 2/3 of the American economy and has an important impact on the American economy. To this end, analysts track the consumer confidence index to seek clues to predict future consumer spending. The consumer confidence index has risen steadily, indicating that consumers are optimistic about future income expectations, and there are signs of expansion in consumer spending, which is conducive to the improvement of the economy and the US dollar, and vice versa. Consumer confidence index is published twice a month, once at the beginning of the month and once at the end of the month.