Short squeeze pressure builds in silver market
-

Mounting evidence suggests a textbook short squeeze is unfolding in the silver market. According to CFTC data, commercial traders hold a net short position of more than 46,000 contracts, representing roughly 231 million ounces of silver. That figure is more than double the amount of registered silver currently available for delivery.
Market stress is also visible in pricing dynamics. Silver has remained in backwardation since October, signaling immediate physical demand. Unusual contract rolls toward earlier delivery months suggest traders are unwilling to wait, with January deliveries alone accounting for nearly half of available registered inventory.