On February 2, 2026, the Shanghai Gold Exchange's midday benchmark price for Shanghai Silver (silver ingots with a standard weight of 15 kg and a fineness of not less than 99.99%, pricing contract) was 20,353 yuan/kg. This represents a decrease of 1,749 yuan/kg (-7.91%) compared to the earlier session's benchmark price of 22,102 yuan/kg. Compared to the midday benchmark price of 27,980 yuan/kg on the previous trading day (January 30), it fell by 7,627 yuan/kg (-27.26%).