The bullish market of precious metals may end next year, Han estimated. The resistance for gold prices will be at around $1,900/ounce, with support at around $1,450/ounce in H2 2020. In 2020, silver prices may face pressure above from $20/ounce, with support from $14/ounce. The SHFE June silver contract will likely trade between 3,400 yuan/kg–4,800 yuan/kg.
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