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Silver's stubborn supply deficits and rising industrial and monetary demand offer ‘multiple avenues for future appreciation’ – Sprott’s Paul Wong

Barchart·07/15/2026 11:04:08
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(Kitco News) – Silver enjoys a unique combination of ongoing supply deficits, rising industrial and monetary demand, and tight physical market conditions, which offer multiple vectors for prices to appreciate, according to Paul Wong, managing partner and market strategist at Sprott Inc.In a recent analysis of the precious metals market, Wong noted that silver prices recorded their largest monthly decline since September 2011 in June.