Silver Market Finds Footing following Historic Gamma Flush Liquidation

Speculative Reset vs Industrial Deficit

While speculative capital has fled, the physical market remains in a structural deficit. Demand from the AI hardware and solar sectors continues to outpace mine supply, with physical premiums in Asia remaining elevated despite the collapse in the Comex futures price.

Margin Hikes and Liquidity

The CME Group's decision to hike margins on silver from 11% to 15% acted as the primary catalyst for the crash. This move turned a standard correction into a full-scale meltdown, clearing out retail froth and providing a cleaner entry point for industrial hedgers.