Tag: SHFE
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The Shanghai Silver Benchmark (SHAG): Why China May Now Set the Real Price of Silver
For decades, global silver pricing has been dominated by Western financial centers — primarily London’s LBMA spot pricing and New York’s COMEX futures. But quietly, and steadily, a different pricing center has emerged. One grounded not in leverage and paper contracts, but in physical metal, domestic demand, and real settlement. That center is China. At…