Silver Market Quiet, Traders Hold Firm on Prices Amid Weak Demand

Published: Apr 13, 2026 11:26

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[SMM Silver Morning Review] Spot silver ingot transactions today are mainly at small premiums or parity. Affected by a slight downtrend in precious metals, overall market trading is quiet, and holders show little willingness to sell. Some smelter supply is expected to enter the market in late April. Traders are currently holding firm on prices, with early morning quotes at TD+30-40 yuan/kg. Driven by position rollover and delivery needs, traders are mostly holding, but downstream demand remains weak with low purchasing appetite, favoring negotiated transactions.

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