Today, silver prices slightly fluctuated.

Economic signals, like inflation rates and shifts in interest rates and currency values, greatly influence the prices of metals such as gold and silver in the market. When inflation goes up and currency values decrease in value, investors often seek out metals as a way to protect their investments against inflation. Likewise, when interest rates are low, assets like gold and silver become more appealing despite not generating any income. The strength of a currency also impacts pricing; for instance, a weaker dollar usually leads to higher prices for metals traded in dollars.eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

SMM, Nov 18: Last week, bearish news was frequent.

In October, both the production and sales of silver nitrate declined.

Yesterday, the US October ADP employment number was announced at 233,000, significantly higher than the previous value of 159,000 and the expected value of 114,000, which was bearish for silver prices.

SMM, Oct 30: Driven by multiple policies this year, the demand for silver in the electrical alloy industry has increased compared to last year, with a noticeable improvement in order volume.

Driven by multiple policies this year, the demand for silver in the electrical alloy industry has increased compared to last year, with a significant improvement in order volume.

In September, the export volume of unwrought silver with a purity of ≥99.99% was 362.9 mt, up 14% MoM.

In September, SMM data showed production of 1# silver increased MoM and also showed a YoY increase.

This week, the US Fed meeting minutes were released, explaining the unexpected 50 basis point interest rate cut in September.