https://i9.ytimg.com/vi/mGPF-6SLrJ4/mqdefault.jpg?v=69c1094a&sqp=CJyXhM4G&rs=AOn4CLCZSxmHivVm3a-_d0L77BmLb_Q40AThe roots on the 2026 price explosion could be traced again to some persistent offer-demand imbalance that started in 2021. Concerning 2021 and 2025, the global silver market place observed a cumulative deficit of around 800 million ounces