On August 14, silver prices fluctuated slightly [SMM Daily Review]

Publié: Aug 14, 2024 15:11
Source: SMM
Yesterday, the US July PPI year-on-year value was announced at 2.2%, lower than the previous value of 2.7% and the expected value of 2.3%.

Yesterday, the US July PPI year-on-year value was announced at 2.2%, lower than the previous value of 2.7% and the expected value of 2.3%. The US July PPI month-on-month value was announced at 0.1%, lower than the previous and expected values of 0.2%. The opening price of spot silver was $27.835 per ounce. The ex-factory reference average price of SMM 1# silver in the morning was 7,115 yuan per kilogram, down 45 yuan per kilogram from yesterday, a decrease of 0.6%. According to SMM, the spot market in Shanghai was relatively tight today, with spot silver premiums quoted at 4-7 yuan per kilogram with cash payment. The market transaction prices were slightly lower than the quotes, and the transactions were average.

Déclaration sur la source des données : À l'exception des informations publiques, toutes les autres données sont traitées par SMM sur la base d'informations publiques, d'échanges avec le marché et en s'appuyant sur le modèle de base de données interne de SMM. Ils sont fournis à titre indicatif uniquement et ne constituent pas des recommandations décisionnelles.

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On August 14, silver prices fluctuated slightly [SMM Daily Review] - Shanghai Metals Market (SMM)