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Silver market could see largest ever deficit in 2022

The global silver market is expected to potentially see its largest physical deficit this year as demand surges across all segments – notably in India, research consultancy Metals Focus said.

Silver market could see largest ever deficit in 2022 Silver market could see largest ever deficit in 2022 Silver market could see largest ever deficit in 2022 Silver market could see largest ever deficit in 2022 Silver market could see largest ever deficit in 2022

The group forecasts demand to rise 16% year on year to a new high of 1.2Boz, or 37,644t.

The deficit - forecast at 194Moz, or 6,023t - will be, "at the very least", a multi-decade high, Metals Focus said, noting that comparisons with earlier data sets make it difficult to say