Silver Prices Hit New Highs Again; Spot Market Sentiment Remains Cautious with Sparse Transactions [SMM Daily Review]

[SMM Daily Review: Silver Prices Hit New Highs Again, Spot Market Sentiment Remains Cautious with Sparse Transactions] According to SMM, today's cash spot quotations for national standard silver ingots in the Shanghai area ranged from -2 yuan/kg to 1 yuan/kg, while premiums and discounts for large silver ingots were quoted at 0-3 yuan/kg, with transactions at premiums being relatively difficult. Overnight, New York silver prices hit new highs, and domestic silver prices strengthened in tandem. Buyers' willingness to price decreased, and market transactions declined significantly compared to yesterday.