EPISODE · Jan 27, 2025 · 7 MIN
Silver Markets Sleepwalking Into a Potential Squeeze Continued
from SD Bullion · host SD Bullion
Gold continues to lead the precious metals rally, reaching new all-time highs in multiple currencies including the US dollar at $2,771/oz, while silver lags behind at $30.57/oz with a gold-silver ratio of 90. Major supply constraints are emerging in the silver market, with US refineries facing three-month backlogs for COMEX Good Delivery Bars and industrial consumers struggling to source reasonably priced physical silver, amid a reported billion-ounce supply deficit over the past six years.
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Silver Markets Sleepwalking Into a Potential Squeeze Continued
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