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Tag: Deficit
Another Annual Silver Market Deficit: Implications for Future Silver Prices
The silver shortage is growing, with another annual shortage on the silver market. The silver price reacts gently to this.…
Silver (XAG) Daily Forecast: Supply Deficit of 182M Ounces Expected to Drive Prices Higher in 2024
The report also points to geopolitical instability and weakening fiscal positions as factors increasing silver's appeal. Historical data demonstrates silver's…
Silver (XAG) Daily Forecast: 42.4% Year-to-Date Surge as Supply Deficit Looms
Industrial demand is responsible for as much as 71% of silver's total production needs, driven by its crucial role in…