Higher margin requirements mean that silver futures traders will need to provide more collateral to ensure that they fulfill their obligations. Although exchanges usually raise margin when contract prices soar or fluctuate greatly, Monday's move may hit small traders who don't have enough cash to pay the necessary margin. Fed policymakers have discovered a kind of novel coronavirus in the past two months, emphasizing that the escalation of price pressure is temporary. Recent US economic data show that supply is tight due to COVID-19. This makes the FOMC monetary policy meeting particularly interesting.
As the market is worried about the sudden release of the Fed's claws, this meeting will become a key indicator of the future prospects. Silver has many uses, mainly used in industry, photography and silverware, accounting for 90% of the total consumption of silver. Because silverware, silverware and silver coins are very popular in the market and the prices are not high, they can be accepted by the public. Silver is more widely used in industry. In the electronics industry, the biggest use of silver is in thick film solder paste, which is usually used to make multilayer ceramic capacitor screen printed circuits, thin film switches, automotive rear glass heating films and conductive adhesives. Silver is soft and bright white. The most common function is to make silver ornaments.
Silver is cheap, affordable and beautiful. Combined with jade, amber and other materials, it is immortal and rich and has certain collection value. Silver with purity above 990 can be melted and recast when you don't like the style. Silver has been sought after since ancient times. Silver is a precious metal, which is mainly used in industry, photography, jewelry, silverware and silver coins. The versatility of silver makes it irreplaceable in most industries, especially in high-tech industries with high reliability, high precision and high security.