#黄金白银再创新高 GW silver consumption of 8-10 tons), new energy vehicles (25-50 grams of silver per vehicle, about 7 times that of fuel vehicles), and explosive demand for AI servers; by 2025, global silver demand will reach 1.24 billion ounces, with supply only 1.01 billion ounces, a gap of 100-250 million ounces, continuing a five-year deficit.



- Supply side: Most silver is by-product from ore, with slow expansion; China will implement a single review export control starting January 2026, affecting about 60%-70% of refined capacity globally, further tightening supply.

- Inventory side: London deliverable inventory is only 233 tons, Shanghai Gold Exchange inventory near
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin