Silver Prices Slightly Fluctuated on January 9 [SMM Daily Review]

Silver prices fluctuated today. The opening price of spot silver was $30.076/oz. The SMM 1# silver ex-factory reference average price in the morning was 7,718 yuan/kg, down 4 yuan/kg from yesterday, a decrease of 0.05%. According to SMM, the national standard in the Shanghai region remained on par with parity today, with major producers quoting 3-4 yuan/kg. Just-in-time procurement was observed in the market today.

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