🥈 Shanghai Silver Soars: $112/oz 🚀🔥
- All-Time High: Shanghai silver hits $112 per ounce, doubling since November.
- Premiums Rising: Buyers in China pay $9 above global prices due to shortages.
- Regional Crunch:
- 🇹🇷 Turkey: Refineries out of stock for 10 days.
- 🇰🇷 Korea: Mint sales sold out in 1 hour.
- 🇮🇳 India: Demand hotter than Diwali season.
- Global Drivers:
- Trump’s second term & Fed criticism fuel safe-haven buying.
- China exported 5,100 tons in 2025, sparking fears of restrictions.
- Elon Musk’s comments on export rules amplified panic.
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🌍 Market Impact
- Liquidity squeeze in London, echoing 1970s silver spike.
- Supply chain risks for institutional buyers.
- Retail frenzy pushing premiums higher across Asia & Middle East.
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