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Shanghai silver hits new ATH of $112 an ounce, double November levels in local pricing


Shanghai silver hits new ATH of $112 an ounce, double November levels in local pricing

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Silver prices in Shanghai reached $112 an ounce, doubling since November, with a $9 premium over U.S. prices. The surge indicates heightened demand among local buyers, leading to increased physical purchases.

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Silver just hit $112 an ounce in Shanghai, smashing every local record and doubling its price since November. The jump has widened the price gap with the U.S., where local Chinese buyers are now paying a $9 premium over global levels. It’s no longer just a rally. It’s a physical scramble. People are lining up […]
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