On October 30, the domestic silver market saw a significant correction, with concentrated selling pressure released across the board, and both spot and futures markets weakened simultaneously. The average price of Changjiang Spot 1# silver reached 12,215 yuan/kg that day, down 785 yuan from the previous trading day; as of 11:00 a.m., the main Shanghai silver contract was quoted at 12,267 yuan/kg, down 651 yuan, or 5.04%, with significantly amplified short-term fluctuations.
On October 30, the domestic silver market saw a significant correction, with concentrated selling pressure released across the board, and both spot and futures markets weakened simultaneously. The average price of Changjiang Spot 1# silver reached 12,215 yuan/kg that day, down 785 yuan from the previous trading day; as of 11:00 a.m., the main Shanghai silver contract was quoted at 12,267 yuan/kg, down 651 yuan, or 5.04%, with significantly amplified short-term fluctuations.