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Mike Maharrey: Much stress on silver market comes from Indian demand
By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, October 14, 2025
Could India be the straw that broke the silver camel's back?
Most people associate India with gold, but the country also ranks as the world's top silver consumer.
As we reported yesterday, one of the reasons for silver's surge to record levels in recent days is a shortage of available silver in London. This is being partly driven by voracious demand in India.
... Dispatch continues below ...
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India's silver market reveals deep structural problems indicative of the broader global market.
Simply put, there isn't enough silver. And risks of a major blowup are mounting. ...
... For the remainder of the analysis:
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