Precious metals have irreplaceable demand for safe-haven investment;
Compared with precious metals with high domestic investment enthusiasm in recent years, crude oil and precious metals are inextricably linked as investment targets, and their price responses to international fundamentals such as the international situation, the US economic environment and the European debt crisis are basically in the same direction. However, from their basic properties, we can find that precious metals are mainly used in jewelry technology, medical equipment and storage. Compared with crude oil, the market demand for precious metals is not high. As an industrial raw material, crude oil is widely used in various industrial production and processing, which has a national strategic position, and its spot market demand is stronger than that of silver, so investors have a greater demand for hedging by combining spot and futures, which well reflects one of the advantages of crude oil compared with silver-hedging. At present, there are two more formal crude oil transactions in China: Beijing Petroleum Exchange (hereinafter referred to as "North Petroleum Institute") and Shenzhen Petrochemical Exchange (hereinafter referred to as "Shenzhen Petroleum Institute").
Platform products of North Petroleum Institute
Products on the platform of Shenzhen Petroleum Institute
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