SHANGHAI SILVER UPDATE $SPK

Silver closes at $104.30 (¥23,339) on #SHFE & $104.42 on #SGE$F

11.73 MT (377k oz) withdrawn from #SHFE Wednesday

105.6 MT (3.4M oz) withdrawn from #SGE last week

SHFE inventories down to 18.94M oz

SGE inventories down to 16.28M oz

$GUN #SilverRush #SPK #SHFE #SGE

#WEFDavos2026 #TrumpCancelsEUTariffThreat #TrumpTariffsOnEurope