Silver’s Supply Deficit is Poised to Widen on Global Markets in 2026
The global silver market is expected to record another supply deficit this year, as demand continues to outpace available supply. According to the World Silver Survey, this metal’s market could face a shortfall of more than 46 million ounces, quite an increase from the 40.3 million ounces recorded last year. Global mine production is expected to remain broadly flat, while total silver supply could decline by approximately 2%. The persistent imbalance highlights the challenges facing the mining industry, where discovering deposits, securing permits and developing new mines can take years before production begins. Silver's expanding industrial applications are an important…