Silver Rebounds as Industrial Bargain Hunters Defend Key Support Levels

Industrial Deficit Context

The global silver market remains in a structural deficit. With 2026 photovoltaic installations projected to hit record highs, the competition for physical bars is intensifying between industrial end-users and financial investors.

Technical Indicators

Silver successfully tested its 50-day moving average yesterday and bounced firmly. Technicians believe this suggests a local bottom has been formed, provided the metal can hold above $80.00 in the coming sessions.