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Silver Price Experienced a Slight Correction, Downstream Buy the Dip, Market Transactions Slightly Improved [SMM Daily Review]
Mar 31, 2025, at 11:45 am
SMM Daily Review: Silver Prices Slightly Corrected, Downstream Buying the Dip Slightly Improved Market Transactions. According to SMM, the premium and discount for spot silver ingot warrants in Shanghai today ranged from -2 yuan/kg to 0 yuan/kg. Silver prices slightly corrected, and downstream demand bought the dip, with market transactions slightly improving WoW.
According to SMM, the TD warrant premiums and discounts for standard silver ingots in Shanghai today were quoted at -2 yuan/kg to 0 yuan/kg, or a discount of 20 yuan/mt against the SHFE silver 2406 contract. The TD premiums for large factory silver ingots were quoted at 0-2 yuan/kg. Silver prices experienced a slight correction, with downstream demand buying the dip, and market transactions improved slightly WoW. View SMM precious metals spot quotes.
