Silver Prices Rose on February 19 [SMM Daily Review]

Published: Feb 19, 2025 13:58

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[SMM Daily Review: Silver Prices Rose on February 19] The ex-factory reference average price of SMM #1 silver in the morning was 8,121 yuan/kg, an increase of 125 yuan/kg compared to yesterday, with a rise of 1.6%.

The opening price of spot silver today was $32.863/oz. The SMM 1# silver ex-factory reference average price in the morning was 8,121 yuan/kg, up 125 yuan/kg from yesterday, with an increase of 1.6%. According to SMM, today's cash spot quotations for national standard silver ingots in the Shanghai region ranged from a discount of 1 yuan to parity, while the premiums and discounts for large silver ingots were quoted at 1-2 yuan/kg. Due to still sluggish market demand, competition pressure in the market remains high.

》View SMM Precious Metals Spot Quotations

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