The global silver market ran arguably the “largest deficit on record” in 2022, with a shortfall of 237.7 million ounces. The combined deficits of 2021-22 offset the cumulative surpluses of the previous 11 years. Prices are not yet reflecting these challenges and may well fall further in the short-term. But, in the long-term, the fundamentals will … Continue reading The rise of silver: solar demand and dollar constraints