Silver deficit could reach record 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, according to consultancy Metals Focus said.

Silver deficit could reach record in 2022 Silver deficit could reach record in 2022 Silver deficit could reach record in 2022 Silver deficit could reach record in 2022 Silver deficit could reach record 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 194 million ounces, or 6023 tonnes - will be, "at the very least", a multi-decade high, Metals Focus said, noting that comparisons with earlier data sets make it difficult to