🚨 Huge Discrepancy Alert:

Silver $XAG is trading around $128/oz in Shanghai 🚀🚀🚀

So why is the Shanghai silver price so far above the global market?

Here’s the breakdown 👇

1️⃣ Explosive Physical Demand in China

China is the world’s largest silver consumer, driven by massive industrial usage — especially in solar panels (PV), electronics, batteries, and 5G/advanced tech manufacturing. This isn’t paper demand — it’s demand for real, deliverable metal.

2️⃣ Physical Scarcity Premium

Shanghai prices reflect immediate delivery demand. When industrial buyers need silver now, futures pricing becomes secondary. High demand + tight supply = local scarcity, and scarcity creates price premiums — exactly what we’re seeing in Shanghai.

3️⃣ Paper vs Physical Disconnect

Western markets largely price silver through paper contracts and derivatives. Shanghai pricing is more sensitive to physical flows, inventory levels, and industrial urgency. When physical demand surges, Shanghai moves first — and aggressively.

This divergence is a warning signal.

When physical markets start breaking away from paper pricing, re-pricing events tend to follow.

💭 The big question:

Does $XAG push toward $150 this quarter?

If the physical squeeze continues and industrial demand stays hot, that scenario is no longer extreme — it’s plausible.

📊 Trade Silver here 👇

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