Gold Digger: Silver faces sixth annual deficit as market moves into 'era of reduced stocks'

Global Silver Market Faces Sixth Straight Deficit as Supply Tightness Deepens Into 2026

TLDR: Global silver deficit expected to rise 15% in 2026, reaching 46M troy ounces amid tightening supply. Since 2021, silver stocks have dropped 762M ounces, reducing liquidity across physical markets. Industrial silver demand is seen falling 3% as global growth slows and geopolitical risks weigh on output. Coin and bar demand expected to rise 18%, partially offsetting industrial weakness but not closing the deficit gap. Global silver markets …

Gold Digger: Silver faces sixth annual deficit as market moves into 'era of reduced stocks'

Silver to record sixth straight deficit in 2026, according to World Silver Survey Physical deficit cut to 40.3Moz in 2025, but ETP rush drains stocks to support wild price swings Metals Focus constructive on silver market despite Iran War disruption   Silver has, famously, spent the past five years in a deficit powered by a resurgence in industrial demand, an upshot of the solar power boom. And while supply took a big stab at catching up to dema…