Spot silver trading remains weak, T+D rises by over 4%

The spot market has seen an increase in selling activity, but demand remains weak and stable. In the morning, holders offered TD at a premium of 10-30 yuan/kg; downstream buyers showed little interest, with most transactions occurring at near-flat prices. Traders are more inclined to consider registered warrants or transact with banks, leading to overall weak trading levels. On the macro front, influenced by the shift toward negotiations between the US and Iran, Silver T+D rose more than 4% today.