Demand for silver continues to rise sharply, driven primarily by the technology, electric vehicle, and solar power sectors—where silver is highly sought after due to its superior electrical conductivity. Meanwhile, silver supply remains limited because many mines only produce silver as a byproduct of copper, lead, or zinc—so even when prices rise, production does not immediately respond.Due to the combination of rising demand and slow supply growth, the silver market has recorded a structural deficit for several consecutive years. This provides a strong fundamental basis for the potential...
Silver prices fell sharply after plummeting more than 7% in the last two sessions, following the decline in gold prices. Currently, silver is weakening amid market concerns that the precious metal's rally has accelerated too quickly. Investors are also beginning to weigh the impact of US-China trade tensions and new sanctions against Russia, which have shaken global commodity markets.However, some analysts believe this pressure could be temporary. Industrial demand for silver—particularly for solar panels and electronic devices—remains high and has the potential to support prices in the...
The potential for a US-India deal that reduces Russian imports could shift India's demand to alternative grades (Middle East/US/Africa), thus increasing demand; reports of declining US crude stockpiles plus planned SPR replenishments are tightening the market; OPEC+ discipline is keeping supply tight; and the risk of supply disruptions (weather, geopolitics, logistics) is adding to the risk premium. Signs of a global surplus persist due to high non-OPEC production (US, Brazil, Guyana); the demand outlook is not yet solid in China/Europe (depending on PMIs and industry); fluctuating refinery...
Silver prices held below $49/oz after plunging about 7%-the deepest since 2011-and are now down approximately 10% from last week's record. The underlying cause is simple: massive profit-taking after a long year-long rally, so the rapid declines fueled each other. At the same time, risk appetite improved as US-China tensions eased somewhat and there was hope the US government shutdown would soon end. The market is also awaiting US inflation data on Friday for the final clue before the Fed's long-awaited interest rate cut next week. Looking ahead, silver's direction will be key to the US...
Gold was under pressure in the Asian session on Wednesday (October 22, 2025) as the US dollar strengthened and real Treasury yields remained high, increasing the opportunity cost of holding non-yielding assets. Risk sentiment also improved following easing US-China trade tensions and the prospect of an end to the US lockdown this week, which eroded demand for safe-haven assets. At the same time, the market readjusted expectations for a slower Fed rate cut after relatively solid US data, a combination that is usually negative for gold. After rallying to a new record, coordinated...
Gold prices fell slightly on Tuesday but remained near their all-time highs. Investors' need for safe havens amidst economic uncertainty has kept gold in demand. This uncertainty stems from the ongoing US government shutdown, despite hopes it will end soon. Meanwhile, market attention is also focused on the meeting between high-ranking US and Chinese officials in Malaysia, which serves as a prelude to talks between President Trump and President Xi Jinping. Amidst this, investors are awaiting the US inflation report, which was delayed due to the shutdown, as well as the central bank's...