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Silver surplus expected in 2017

The silver market is expected to reach a small surplus in 2017 after four straight years of shortfalls, according to a report by Thomson Reuters’ GFMS team and the Silver Institute.

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A surplus of 32.2Moz is expected in the silver market in 2017 

The Interim Silver Market Review was presented at an annual industry dinner on November 15 by GFMS lead analyst Johann Wiebe, who said a surplus of 32.2 million ounces of silver was expected thi...