Silver futures refer to futures contracts with silver price as the subject matter at a certain point in the future. Silver futures contracts are standardized futures contracts, which are formulated by the corresponding futures exchanges. The detailed silver specifications, silver quality and delivery date are clearly stipulated above.

Domestic silver futures were listed on Shanghai Futures Exchange on May 12. Thus ending the history that China, as a big producer and consumer of silver, has no right to speak on price for a long time. In the international market, the famous silver futures transactions are London Metal Exchange and new york Metal Exchange, and their silver futures prices always reflect and point out the price changes of spot silver.