Silver Slumps as Speculative Deleveraging Accelerates Amid Dollar Rally

Speculative Unwinding

Hedge funds and systematic traders have reduced net-long exposure after silver failed to reclaim the $84 level. This technical breakdown has invited momentum-based selling, pushing the metal back toward its 50-day moving average.

Industrial Demand Anchor

While the paper price is falling, physical demand for silver-paste in the solar sector remains robust. Global solar capacity installations projected for 2026 suggest a deepening deficit that may trigger bargain hunting near $75.