Silver prices soar with limited recovery, how should consumers make rational investments?
Journalists visited several gold jewelry brand stores in Beijing, where they found that the stores do not sell silver jewelry or offer recycling services. It is understood that the production materials for silver products come partly from mining and partly from the purification of old materials. Mr. Chen, who is engaged in precious metal recycling business, told reporters that the price of silver has been rising recently, with market demand for investment increasing rapidly and manufacturers' order volume growing quickly. Silver is in high demand, but there are many limitations in the recycling process. Su Yunfei, a jewelry designer certified by the China Jewelry and Jade Jewelry Industry Association and an expert in the national vocational standard question bank, told Voice of China that from the cost perspective of silver jewelry, it is not profitable for major brands to engage in silver jewelry recycling business.
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