Analysts Warn of Widening Silver Market Deficit in 2026
Analysts warn that the silver market is heading for a sixth consecutive year of structural deficit in 2026, with the deficit projected to widen to 46.3 million ounces. Despite a 2% decline in total demand, the deficit is worsening due to shrinking supply. The Silver Institute and Metals Focus highlighted the risk of a liquidity squeeze due to the drawdown of global silver stocks since 2021.
Topics: commodity demand economic forecast metals market silver market supply deficit