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Silver in China Reaches $59.05! Vertical Demand Drena Safe and Boost Price – The West You must follow.

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Igor Pereira
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  • ANALISTA

While the West sleeps (or tries to manipulate paper), the East sets the real price. Recent data from SGE (Shanghai Gold Exchange) and SHFE (Shanghai Futures Exchange) show the silver being traded to $59.05 per ounce.

Silver in China Reaches .05! Vertical Demand Drena Safe and Boost Price – The West You must follow. - ExpertFX School

By Igor Pereira, Financial Market Analyst, Junior Member WallStreet NYSE

This global price award is proof that physical demand in China remains vertical and insatiable.


High Momentum in Shanghai

  • The Price: 59.05. This is almost at the level of the recent peak of COMEX futures ($59.30), showing that the Chinese physical market is validating and sustaining these high levels.

  • The Flow: The data indicates that the flows of the coffers are Squeezing again. The metal entering immediately leaves to meet industrial and investment demand.

My Analysis (Igor Pereira): China is acting like the floor the global market. Whenever the price of paper in the West tries to fall, Chinese physical demand enters and absorbs metal, creating an ever higher support. They're not just buying; they're setting the new fair value.

Industry + Investment

The "vertical demand" mentioned is not hyperbole.

  • Industry: China dominates the production of solar panels and electric vehicles, two voracious sectors per silver. They need metal to keep your factories running.

  • Investment: As we saw in gold, Chinese citizens are fleeing the real estate sector and seeking refuge in precious metals.


The price differential and physical demand in China will continue to exert inexorable high pressure on Western markets (LBMA/COMEX). The metal will flow where it is most valued.

If China pays $59, the West will not be able to keep the price below that for long without losing all its physical stock. Convergence is inevitable.


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