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Silver Market Faces Sixth Year of Deficit Amid Price Volatility

4/16/2026

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Summary

Story summary

On April 15, 2026, the silver market faces its sixth consecutive year of structural deficit, with 762 million troy ounces drawn since 2021.
Prices fell to $79.40 per ounce after a 5.2% surge amid uncertainty.
The Silver Institute projects a deficit of 46.3 million ounces globally in 2026, despite a 2% demand drop.
Coin and bar demand may rise 18% due to renewed United States interest.

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Story summary

On April 15, 2026, the silver market faces its sixth consecutive year of structural deficit, with 762 million troy ounces drawn since 2021.
Prices fell to $79.40 per ounce after a 5.2% surge amid uncertainty.
The Silver Institute projects a deficit of 46.3 million ounces globally in 2026, despite a 2% demand drop.
Coin and bar demand may rise 18% due to renewed United States interest.