Silver prices hold near highs as supply deficit deepens

MSN
2026.05.12 01:15
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Silver prices are currently around $80.88 an ounce, supported by strong industrial demand and investor interest amid geopolitical uncertainties. The global silver market is facing its sixth consecutive year of supply deficit, with shortages projected to reach 866 million ounces by the end of 2026. Additionally, central banks, especially in China, are increasing their physical silver stockpiles, which is tightening supply and raising concerns about the reliability of ETFs and futures markets.