📈 Silver Surges in Shanghai! Why Is This Like a Magician’s Trick?!

On December 24, 2025, the slippery little thing known as silver prices on the Shanghai Gold Exchange managed to climb to the high heavens, with the Ag(T+D) spot contract nestling close to 19,400 Chinese yuan per kilogram. That’s a rollicking ~$78.55 per ounce at the time, thanks to the USD/CNY rate dangling around 7.015. This means Shanghai silver played fancy dress and dove above global standards on Comex, where futures timidly concluded their performance at $72.36 per troy ounce.



