-
Silver's Mexico Problem: A Fifth of Supply, Reviewed Every Year
Washington declined to renew the trade deal covering Mexico, the country that mines a fifth of the world's silver, and the pact now goes to review every year instead of being locked in for another sixteen, without a single ounce moving. Silver trades near $57 today, unable to crack $60 as US airstrikes on Iran run into a fifth day and the Strait of Hormuz stays closed. The metal is down roughly 20% from where it closed 2025, near $71, and it sits about 53% below the all-time high of $121.62 set on January 29, though it remains up roughly half from a year ago. Against gold near $4,030, the gold-silver ratio is about ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From sbcgold.com | 37 hr ago
The silver market is on pace to record its sixth consecutive year of supply deficit in 2026. According to the Silver Institute, global consumption is expected to outrun supply by 46.3 million ounces (Moz), bringing the total shortfall since 2021 to a staggering 762.1 Moz. Notably, experts expect a silver supply deficit this year despite a decline in global ...
From scotiabank.com | 39 hr ago
The Mexican economy ended 2025 stronger than analysts had expected, with annual growth of 0.5% and a particularly resilient final quarter, when it expanded 1.6% year over year. However, this momentum did not carry over into the beginning of 2026. The latest figures continue to point to structural weakness across several areas of the economy, both from the ...
From fxstreet.com | 27 hr ago
Silver (XAG/USD) extends its decline on Thursday as the US Dollar (USD) rebounds and US Treasury yields stabilize following a two-day drop driven by softer-than-expected US inflation data. At the time of writing, XAG/USD trades around $55.75, down 3.50% on the day. Despite the softer inflation readings, price pressures could pick up again as escalating ...
