Price of silver in China + update on "paper gold" trading (July 25, 2026)
Price of silver at the SGE: 60.04 USD/ozt. Price of silver futures at the SHFE: 65.55 USD/ozt (12.7% higher than the COMEX price). Silver continues to experience severe contango (9.2%) in the Chinese market. Retail investors will no longer be able to purchase futures from Banks, but they can still do so from licensed brokerage firms. Retail investors also have other options to invest in non-physical gold such as ETFs, Chinese miners, gold funds and paper gold.
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