Silver Holds Triple Digits as Solar Industry Scrambles for Supply

The 2026 Deficit Reality

New data from the Silver Institute projects a 2026 market deficit of 240 million ounces, the largest on record. This fundamental shortfall is forcing a repricing of the metal, with some analysts calling for a move to $120 before demand destruction sets in.

ETF Holdings

Global silver ETFs saw their largest single-day inflow on record this Monday, as retail investors chase the momentum trade. This is further tightening the available float of physical metal.