Silver. Something just broke. Shanghai spot silver is at $73, a $3.50 premium to the western price

Silver Prices Surge as Market Volatility Continues
Silver markets are experiencing a significant surge. The price on COMEX jumped from $65 to $68 overnight, and the momentum didn’t stop there. In Shanghai, the spot price for silver has soared to an impressive $73, creating a notable $3.50 gap compared to the COMEX near-dated future of $69.50. This unusual market activity suggests a scramble for physical silver, with some dealers already reporting they have sold out.



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