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Great Silver Squeeze: China Hoards as Green Tech Demand Skyrockets
China’s insatiable appetite for silver drove overseas purchases to an eight-year high at the beginning of 2026 as importers fueled a spike in industrial and investment demand. According to Chinese customs data, the largest buyer received over 790 tons in the first two months, including nearly 470 tons in February—the highest amount ever for that month. Reducing already low exchange reserves and acquiring metal from overseas due to strong demand, local prices have risen significantly above global benchmarks. A wave of speculative buying from China and other countries drove silver prices up by roughly 70% at the ... (full story)