Industrial demand tightens silver supply as gold stays calm

[bonk]

Relentless industrial demand is intensifying silver’s supply squeeze, particularly from the solar sector. Silver now accounts for about 29% of total solar panel production costs, up sharply from last year. Major manufacturers have warned of margin pressure, while alternatives such as copper-based cells are still years away from large-scale adoption.

By contrast, gold markets show little stress. Gold warehouse inventories comfortably cover futures positions, and prices remain in contango. Analysts say silver’s multi-year structural deficit continues to support prices, though stretched conditions leave the market vulnerable to sharp corrections.

[kevin1]

copper alternatives still years away, so silver shorts are basically praying for miracles