On February 5, 2026, the Shanghai Gold Exchange's midday benchmark price for Shanghai Silver (standard weight 15 kg, silver ingots with a purity not less than 99.99%, pricing contract) was 19,604 yuan/kg. This represents a decrease of 2,987 yuan/kg (-13.22%) compared to the earlier session's benchmark price of 22,591 yuan/kg, and a decrease of 2,807 yuan/kg (-12.53%) compared to the midday benchmark price of 22,411 yuan/kg on the previous trading day (February 4).