Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Language: 
Home / Metal News / Silver Prices Continued to Fluctuate Upward on March 5, with Spot Market Transactions Shrinking [SMM Daily Review]
Silver Prices Continued to Fluctuate Upward on March 5, with Spot Market Transactions Shrinking [SMM Daily Review]
Mar 5, 2025 14:50Source:SMM
[SMM Daily Review: Silver Prices Continued to Fluctuate Upward on March 5, Spot Market Transactions Declined] According to SMM, today's cash spot prices for national standard silver ingots in the Shanghai area were quoted at -3 yuan/kg to parity, while premiums and discounts for large-scale silver ingots were quoted at 0-1 yuan/kg. The weakening US dollar index supported silver prices to fluctuate upward, but downstream purchasing enthusiasm was low, leading to a decline in market transactions.
According to SMM, the cash spot prices for national standard silver ingots in the Shanghai market today were quoted at a discount of 3 yuan/kg to parity, while premiums and discounts for large-scale silver ingots were quoted at 0-1 yuan/kg. During the day, the spot-futures price spread for the SHFE silver 2504 contract did not significantly widen, with suppliers quoting a discount of 2-4 yuan/kg against the SHFE silver 2504 contract. The weakening US dollar index supported silver prices to fluctuate upward, but downstream purchasing enthusiasm was low, leading to reduced market trading volumes.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
SMM Events & Webinars
All- Apr09
NET ZERO MEA - Solar & Energy Storage
Apr 09 - 10,2025NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
- Apr09
2025 SMM (20th) Lead & Zinc Conference and Industry Expo
Apr 09 - 11,2025To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange pNanjing · Jiangsu ·China
- Apr16
CLNB 2025 New Energy Industry Chain Expo
Apr 16 - 18,2025Suzhou International Expo Center, Jiangsu, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
