Silver is now trading in Backwardation, a rare market condition where the spot price exceeds futures.

📊Current prices:

• Spot Silver: $92.275 / oz

• Futures: $91.355 / oz

🔎Normally, futures trade higher (Contango) due to storage, financing, and time costs.

⚠️Backwardation signals physical supply stress, not just speculative moves.$XAG

XAGUSDT

دائم

99.47

+6.32%

🔹What’s driving this shift?

• Rising industrial demand, especially in solar energy and technology

• Investors favoring physical silver over paper contracts

• Large volumes stored outside the market, tightening immediate supply

• Geopolitical tensions impacting supply chains

This is a structural signal worth watching closely.

#Silver #Commodities #PreciousMetals #Backwardation #Investing