Silver Prices Fell on December 31 [SMM Daily Review]

Published: Dec 31, 2024 20:27

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【SMM Daily Review: Silver Prices Fell on December 31】The SMM 1# silver ex-factory reference price in the morning was 7,440 yuan/kg, with the average price down by 82 yuan/kg compared to yesterday, a decrease of 1%.

Today, silver prices declined. The opening price of spot silver was $28.944 per ounce, and the SMM 1# silver ex-factory reference average price in the morning was 7,440 yuan per kilogram, down 82 yuan per kilogram compared to yesterday, a decrease of 1%. According to SMM, most traders in the Shanghai area were in a closed-account state today, with few market quotations and limited transactions. As most enterprises had already announced pre-holiday closures, downstream enterprises prepared in advance, leading to low recent procurement demand and limited market transactions.
Silver Paste: Today, the reference price for solar cell rear-side silver paste was 4,860-4,960 yuan per kilogram; the reference price for solar cell busbar front-side silver paste was 7,336-7,436 yuan per kilogram; and the reference price for solar cell finger front-side silver paste was 7,386-7,486 yuan per kilogram.

》View SMM Precious Metals Spot Prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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