Всесвітня асоціація срібла: глобальний ринок срібла буде шостий рік поспіль перевищувати пропозицію над попитом

Deep Tide TechFlow News, April 15 — The World Silver Survey, released on Wednesday, maintains its previous outlook that the global silver market will experience a sixth consecutive year of supply shortages. The report indicates that the supply gap is expected to widen by 15% to 46.3 million troy ounces by 2026. Despite an 18% increase in demand for silver bars and coins, demand from industrial, photography, jewelry, and silverware sectors has declined, with total consumption potentially decreasing by 2%. Supply is projected to decrease by 2%, mainly due to a slight decline in mineral output and reduced hedging, partially offset by a 7% increase in recycling.

The report states that although the Iran conflict casts a shadow over short-term price prospects, there remains a “constructive outlook” for silver for the rest of 2026. The association expects the Middle East conflict to be contained and that tightening monetary policy to curb energy inflation will be temporary. Even if the war persists, concerns over weak growth and fiscal tightening may depress real bond yields, thereby boosting non-yielding precious metals like silver and gold. The report notes: “The revival of safe-haven demand alongside cyclical market liquidation is likely to rekindle interest in gold and silver.”(Jin10)