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Updated · Bloomberg · Apr 26Silver Institute projects global silver market deficit to widen in 2026
5 articles · Updated · Bloomberg · Apr 26
- The Silver Institute forecasts a 15% increase in the silver market deficit, reaching 46.3 million troy ounces in 2026.
- This marks the sixth consecutive annual deficit, driven by strong demand for bars and coins alongside declining global supplies.
- Persistent deficits may impact industrial users and investors, with the trend reflecting ongoing supply-demand imbalances in the global silver market.
With inventories plummeting, is the silver market on the verge of a physical squeeze? Why does silver cost so much more in Shanghai than on Western exchanges? Can the green energy transition survive a critical shortage of silver? As nations declare silver a 'critical mineral,' is a supply chain war next? After a 147% surge, have investors already missed the silver boom?