Silver
SGE = Shanghai Gold Exchange
SFE = Shanghai Futures Exchange
![](https://i.ibb.co/GkX50Kg/1.png)
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![](https://i.ibb.co/Y8QFFYg/2.png)
The price of Gold & Silver is more and more driven by the China's market:
China's market is a physical market vs. the Western "paper" (derivatives) market.
For price predictions, look at China.
Today's Western silver price = $31
Silver in China is being traded 10% over Western price