Obviously not. The contract prices of these two products belonging to two different exchanges are different.

COMEX silver

Is the futures silver to the New York Mercantile Exchange, quoted in dollars, the unit of measurement is generally (dollars/ounce); Its trading object is the investor member of its exchange, which is roughly as follows:

Domestic silver

For domestic investors, in RMB, the unit of measurement is generally (RMB/kg). Please refer to the silver futures contract quotation of Shanghai Futures Exchange, as follows:

The connection and difference between the two:

COMEX silver in new york is in a dominant position because of its huge market volume, which generally has a great influence on the market price. COMEX silver price fluctuates, and domestic silver price will inevitably fluctuate.

COMEX silver and domestic silver cannot be compared by simple conversion, because the contract transactions of their respective exchanges are different. Although the general trend is the same, the price fluctuations cannot be completely equal in real time. At the same time, due to the fluctuation of the exchange rate between RMB and USD, the prices cannot be absolutely compared.