Silver prices fluctuated downward, downstream buying the dip, and trading was moderate. [SMM Daily Review]

According to SMM, the premiums and discounts for the national standard silver ingot warrants TD in Shanghai today were quoted at -2 yuan/kg to 0 yuan/kg, or at a discount of 15-20 yuan/mt against the SHFE silver 2406 contract. A small number of large manufacturers quoted the premiums and discounts for silver ingots TD at 0-2 yuan/kg. Silver prices experienced a slight correction, downstream buyers bought the dip, and high-priced transactions were slightly difficult, with moderate market transactions. View SMM precious metals spot price quotes.