Silver Prices Rebounded and Strengthened, Trading Was Sluggish at Month-End and Quarter-End [SMM Daily Review]

Mar 26, 2025, at 4:40 am

[SMM Daily Review: Silver Prices Rebounded and Strengthened, Trading Was Thin at Month-End and Quarter-End] According to SMM, the spot silver ingot warrant TD premiums and discounts in Shanghai today were quoted at -2 yuan/kg to 0 yuan/kg. As the month-end and quarter-end approached, some suppliers temporarily halted shipments for inventory settlement. Additionally, after the intraday rise in silver prices, market participants adopted a wait-and-see approach, resulting in limited order placements and thin trading in the spot market.

According to SMM, today in Shanghai, the premiums and discounts for spot silver ingot warrants TD were quoted at -2 yuan/kg to 0 yuan/kg. For non-delivery brand standard silver ingots, the discounts for the SHFE silver 2504 contract were quoted at 2-4 yuan/kg, while the premiums and discounts for large factory silver ingots were quoted at 0 to +2 yuan/kg. Approaching the month-end and quarter-end, some suppliers temporarily halted shipments for inventory settlement. Additionally, after the intraday rise in silver prices, market观望 increased, and there were some挂单 transactions, but the spot market remained sluggish. View SMM precious metals spot quotations.

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