So that’s why silver prices are going through the roof? Who cares why, but I just love it…
Silver prices are back in focus as China announces fresh restrictions on silver exports starting 2026. With export licences required through 2027, the already tight global silver market could face a deeper supply crunch. China is the world’s second-largest silver miner, and curbs could significantly impact global availability, prices, and importing nations like India.
Brokerage ICICI Direct expects silver prices to remain elevated, calling the move positive for Indian producers such as Hindustan Zinc, where silver contributes a large share of profits. However, it prefers exposure via promoter Vedanta due to valuation concerns. Meanwhile, the global deficit is widening, major mints are running low on physical silver, and JP Morgan has reportedly shifted from short positions to large physical silver holdings—adding to the bullish outlook.
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