silver price
Business
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CNBC Awaaz01-01-2026, 15:40

Shanghai Drives Silver Volatility Today Amid Global Market Holidays

  • Shanghai market is dictating global silver prices today due to holidays in major US and European markets.
  • Low trading volume and liquidity are causing high volatility and sharp price fluctuations in silver.
  • Experts state current movements are temporary, not based on strong fundamentals, and could be misleading.
  • The true direction of silver prices will be clearer after January 2, 2026, when global markets fully reopen.
  • Silver's long-term supply is tightening due to difficult and expensive recycling from industrial uses like electronics.

Why It Matters: Today's silver price volatility is temporary, driven by Shanghai; long-term supply is tightening.

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