On January 15, 2026, the Shanghai Gold Exchange reported the midday benchmark price for Shanghai Silver (silver ingots with a standard weight of 15 kilograms and a fineness of no less than 99.99%, pricing contract) at 22,404 yuan per kilogram. This represents a decrease of 71 yuan per kilogram (-0.316%) compared to the earlier session's benchmark price of 22,475 yuan per kilogram, and a decline of 387 yuan per kilogram (-1.70%) compared to the previous trading day's midday price of 22,791 yuan per kilogram.