Silver has had quite a run—nearly 10% in a single day. Year-to-date performance tells an even bigger story: up over 170%, with prices jumping from $28 to $78 per ounce, marking a $50 move so far this year.



What's driving this rally? It's not just one thing. For starters, export restrictions on silver took effect on January 1st. That's significant because one major player just tightened its supply lines—China happens to be the world's second-largest silver producer. When you limit what the second-biggest producer can ship globally, supply dynamics shift fast.

Adding fuel to the fire: silver mining capacity globally is facing real constraints. Production headwinds are real, and that supply pinch is being reflected in these prices. When scarcity meets demand, especially in industrial and investment markets, you get the kind of moves we're seeing.
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WalletsWatchervip
· 12-27 00:56
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HodlOrRegretvip
· 12-27 00:54
Silver surged from 28 to 78, the increase is incredible. When China imposed a ban, the entire market came alive. --- Tight supply + explosive demand, this is the logic behind the rapid rise. So exciting. --- A 170% increase is no joke; mineral production capacity has peaked. --- After China's ban, the global supply chain was directly disrupted. How can silver not rise? --- Just want to ask, is it too late to get in now... How much longer can this wave last? --- Scarcity + industrial demand, silver has finally found its rhythm. --- From 28 to 78, the whole story is about supply being blocked. So classic. --- The export restriction move directly rewrote the entire supply pattern.
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MindsetExpandervip
· 12-27 00:33
China has banned exports, and now the silver supply chain is directly shattered.
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MetaDreamervip
· 12-27 00:32
Damn, silver's recent surge has caused the supply chain to hit a price straight up. --- The Chinese export restrictions are really shaking up the entire market. --- 170%? Isn't that just a typical case of supply shortages pushing prices up? Seems a bit fake. --- Mineral production capacity can't keep up; I really don't know how long this rally can last. --- From 28 to 78, I've seen this story too many times—just waiting for it to explode. --- Tight supply = soaring prices, basic elementary math. The real question is whether it can sustain. --- A 10% increase in one day? There's probably some manipulation involved.
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All-InQueenvip
· 12-27 00:30
This wave of silver's surge is truly exceptional. The entire China-based supply chain for cards has to lie flat worldwide.
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