Following a huge shock in silver prices, the reporter visited Tianya Jewelry City, known as “Beijing Shuibei.” During the investigation, the reporter found that there is currently sufficient supply of investment silver bars, and prices have declined, but not many people are buying them. In terms of silver recycling, the reporter learned from several gold and jewelry recycling sites that silver recycling prices have dropped to single digits through many channels. Some brands that specialize in silverware claim that the recycling price of 925 silver is only 4 yuan/gram. A number of interviewees told the reporter that silver has both financial and industrial attributes, and future performance will depend on factors such as industrial demand and the ratio of gold to silver. For investors, pricing in the silver recycling market is uneven and requires a strong sense of risk.

Following a huge shock in silver prices, the reporter visited Tianya Jewelry City, known as “Beijing Shuibei.” During the investigation, the reporter found that there is currently sufficient supply of investment silver bars, and prices have declined, but not many people are buying them. In terms of silver recycling, the reporter learned from several gold and jewelry recycling sites that silver recycling prices have dropped to single digits through many channels. Some brands that specialize in silverware claim that the recycling price of 925 silver is only 4 yuan/gram. A number of interviewees told the reporter that silver has both financial and industrial attributes, and future performance will depend on factors such as industrial demand and the ratio of gold to silver. For investors, pricing in the silver recycling market is uneven and requires a strong sense of risk.