Silver Prices Declined on June 26 [SMM Daily Review]

Published: Jun 26, 2024 17:40

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Yesterday, the US June Conference Board Consumer Confidence Index was announced at 100.4, lower than the previous value of 101.3 but higher than the expected value of 100.

Yesterday, the US June Conference Board Consumer Confidence Index was announced at 100.4, lower than the previous value of 101.3 but higher than the expected value of 100. The opening price of spot silver was $28.731 per ounce. The SMM1# silver ex-factory reference average price in the morning was 7,591 yuan per kilogram, down 175 yuan per kilogram from yesterday, a decrease of 2.2%. According to SMM, today's cash spot national standard silver ingot quotations in Shanghai ranged from discounts to premiums. Quotations of silver ingot by large producers diverged.

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