【Qingdao, Sha】Shandong Man Turns 1.3 Million into 2.7 Million in Silver Investment, Eyes Another ‘Bottom-Fishing’ Opportunity Amid Recent Price Plunge

Editor’s Note

This article recounts a profitable silver investment made during recent precious metals market volatility. It illustrates how strategic timing and market awareness can yield significant returns, offering insights for investors navigating similar opportunities.

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A Profitable Silver Trade

Recent fluctuations in gold and silver prices have attracted numerous investors. Mr. Tai, a precious metals recycler from Qingdao, Shandong, shared a story about one of his clients. In November 2025, the client purchased six silver plates at approximately 15 yuan per gram, with each plate weighing 15,000 grams, for a total investment of 1.3 million yuan.

“In January 2026, when the silver price peaked at around 30 yuan per gram, he sold them for 2.7 million yuan, more than doubling his investment,” said Mr. Tai, the precious metals recycling operator, to the media.
“Recently, the silver price has dropped again to about 18 yuan per gram. This gentleman has contacted me again, planning to ‘buy the dip’ once more,” he added.
Market Volatility and Data Focus

At the opening on February 10, 2026, precious metals prices opened higher but then trended lower. Gold fell by 0.7%, while silver dropped by 2.4%, with recent volatility in both metals intensifying. The previous day, a 0.8% decline in the dollar led to gains for gold and silver. Market focus is now shifting towards upcoming U.S. employment and inflation data for clues on monetary policy. The probability of a Fed rate cut in June currently stands at 50%.

Related Fund Performance

According to a report by National Business Daily, on February 10, the SDIC Silver LOF resumed trading and fell over 4%. As of the time of reporting, the decline reached 4.26%, with the price at 3.215 yuan.
The SDIC Silver LOF announced on February 9 that, to protect investor interests, the fund would be suspended from the market open until 10:30 on February 10, 2026, resuming trading at 10:30. If the premium of the fund’s secondary market trading price does not effectively decrease on February 10, 2026, the fund reserves the right to apply to the Shenzhen Stock Exchange for intraday temporary suspensions, extend suspension periods, and other measures to warn the market of risks. Specific details will be announced accordingly.
SDIC UBS Fund announced on February 6 that it had established a working group to actively address the demands of Silver LOF fund investors.

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⏰ Published on: February 10, 2026