Silver Markets Strained by Unprecedented Chinese Supply Shift

A remarkable supply crisis is unfolding in the global silver market, driven by seismic shifts in China’s inventory and export patterns. The world’s second-largest economy is witnessing a dramatic drawdown in its domestic silver stockpiles, which have plummeted to their lowest levels in a decade, even as record-breaking quantities of the precious metal flow out of the country. This paradoxical situation reveals underlying tensions that could significantly influence silver’s price trajectory in the coming months.

Data from Chinese commodity exchanges paints a stark picture of diminishing supplies. Inventories tracked by the Shanghai Futures Exchange have collapsed to their lowest point since 2015. Simultaneously, trading volumes on the Shanghai Read more...