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Commodities

Shanghai Silver Premium Boosts Global Silver Prices

Guavy AI Editorial Team Published September 26, 2026

Instruments

Silver

Silver prices surged to $64.93 on Monday, marking a 1.68% increase from the previous day's close.

The rally comes as Shanghai silver trades at a premium of 13.56% over COMEX prices, with a price of $72.36 per ounce.

This regional price divergence is seen as a bullish signal for global silver markets, driven by tight supply and strong physical demand in China.

The short- and medium-term moving averages suggest that the metal is holding above key levels, while still trading below its long-term trend.

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