Shanghai Gold Rises 4.22%, Silver Surges 7.70% on June 15 as Geopolitical Tensions Ease

XAU2.59%
XAG3.92%
According to Jin10 Futures, on June 15, Shanghai gold futures rose 4.22% to 938.94 yuan per gram, while Shanghai silver futures surged 7.70% to 16,876 yuan per kilogram. The rally was driven by weekend geopolitical de-escalation, which triggered a sharp decline in energy prices, easing inflation concerns. Weakening U.S. Treasury yields and a softer U.S. dollar further supported precious metals prices.
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