---
title: "COMEX Silver Inventories Decline Amid Rising Demand"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/274075434.md"
description: "Silver inventories in COMEX warehouses have dropped by 34 million ounces to 415 million ounces, the lowest since March 2025. This represents a 22% decline since September's peak. The decrease indicates strong physical demand, as short sellers struggle to source metal for futures contracts, leading to higher prices. This situation is causing a silver short-squeeze, tightening market conditions as traders rush to buy to avoid losses."
datetime: "2026-01-29T01:58:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274075434.md)
  - [en](https://longbridge.com/en/news/274075434.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274075434.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/274075434.md) | [English](https://longbridge.com/en/news/274075434.md)


# COMEX Silver Inventories Decline Amid Rising Demand

Silver inventories in COMEX warehouses have decreased by 34 million ounces, reaching 415 million ounces, the lowest level since March 2025. The Kobeissi Letter posted on X. The stockpile has seen a significant drop of 117 million ounces, or 22%, since its peak in September. This decline in silver inventories suggests a strong physical demand as short sellers face challenges in sourcing actual metal to fulfill their futures contracts. When traders are unable to secure sufficient physical silver, they are compelled to pay higher prices set by sellers. This situation drives silver prices up, prompting more traders to purchase to avoid losses, thereby tightening market conditions further. The silver short-squeeze is currently in full effect.

### 相關股票

- [iShares Silver Tr (SLV.US)](https://longbridge.com/zh-HK/quote/SLV.US.md)
- [Pro Ultr Silver (AGQ.US)](https://longbridge.com/zh-HK/quote/AGQ.US.md)
- [Sprott Silver Mnrs & Physical Silver ETF (SLVR.US)](https://longbridge.com/zh-HK/quote/SLVR.US.md)
- [Sprott Active Gold & Silver Miners ETF (GBUG.US)](https://longbridge.com/zh-HK/quote/GBUG.US.md)
- [Global X Silver Miner (SIL.US)](https://longbridge.com/zh-HK/quote/SIL.US.md)
- [Abrdn Silver ETF Trust (SIVR.US)](https://longbridge.com/zh-HK/quote/SIVR.US.md)
- [iShares MSCI Global Silver Miners (SLVP.US)](https://longbridge.com/zh-HK/quote/SLVP.US.md)

## 相關資訊與研究

- [Here's How Much $100 Invested In abrdn Physical Silver Shares ETF 10 Years Ago Would Be Worth Today](https://longbridge.com/zh-HK/news/281394387.md)
- [Hecla Mining Conference: HL Sharpens Silver Focus, Cuts Debt, Eyes Keno Hill Ramp-Up and Nevada Restart](https://longbridge.com/zh-HK/news/281457460.md)
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- [BHP Group Limited, through a wholly owned subsidiary, Completes Silver Streaming Agreement with Wheaton Precious Metals International Ltd](https://longbridge.com/zh-HK/news/281497713.md)
- [Canada's Aya Gold Q4 revenue jumps on higher silver prices](https://longbridge.com/zh-HK/news/281175192.md)