Silver Prices Slightly Fluctuate on June 4

The US announced June 3 that the May ISM Manufacturing PMI at 48.7, lower than the previous value of 49.2 and the expected value of 49.6, which is bullish for silver. Spot silver opened at $30.403/oz on June 4, and the SMM 1# silver ex-factory reference average price in the morning was 8,013 yuan/kg, down 29 yuan/kg from the previous day, a decrease of 0.36%. According to SMM, spot market still quoted at a discount, with some companies making quiet transactions. Sellers were selling aggressively, but it was difficult to sell.