Silver Prices Rose on January 2 [SMM Daily Review]

Today, silver prices rose. The opening price of spot silver was $28.71 per ounce. The SMM 1# silver ex-factory reference average price in the morning was 7,584 yuan per kilogram, up 144 yuan per kilogram compared to Tuesday, with an increase of 1.9%. According to SMM, today's cash spot prices for large-volume national standard silver ingots in the Shanghai area were quoted at 0-2 yuan per kilogram, while large-volume major factory silver ingots were quoted at 3-4 yuan per kilogram. Low-priced goods were relatively easier to sell in the market today, while high-priced goods also saw transactions, though with relatively higher difficulty. Today marked the first market opening and shipment of the 25th year. Due to pre-holiday inventory clearance, there was still demand for orders driven by rigid needs in the market today.
Silver Paste: The reference average price for solar cell rear-side silver paste today was 4,947-7,567 yuan per kilogram; the reference average price for solar cell busbar front-side silver paste was 7,467-7,567 yuan per kilogram; and the reference average price for solar cell finger front-side silver paste was 7,517-7,617 yuan per kilogram.

》View SMM Precious Metals Spot Prices