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The recent silver market has been quite fierce, with a new high of $75 early in the session. Looking back, it was only $28.8 at the beginning of the year, which is a 160% increase. That's quite a significant rise.
What's even more interesting is that domestically, a new investment channel just announced that starting next week, there will be a limit of 100 RMB per transaction. Surprisingly, this product is actually more expensive than international silver, with a premium that once exceeded 50%. It sounds a bit unbelievable, but when supply is restricted, that's how the market operates. This price difference also gives many people ideas for arbitrage.