Silver is now trading in Backwardation, a rare market condition where the spot price exceeds futures.
šCurrent prices:
ā¢ Spot Silver: $92.275 / oz
ā¢ Futures: $91.355 / oz
šNormally, futures trade higher (Contango) due to storage, financing, and time costs.
ā ļøBackwardation signals physical supply stress, not just speculative moves.$XAG
XAGUSDT
Trajne ter. pog.
99.98
+5.12%
š¹Whatās driving this shift?
ā¢ Rising industrial demand, especially in solar energy and technology
ā¢ Investors favoring physical silver over paper contracts
ā¢ Large volumes stored outside the market, tightening immediate supply
ā¢ Geopolitical tensions impacting supply chains
This is a structural signal worth watching closely.
#Silver #Commodities #PreciousMetals #Backwardation #Investing