The 2022 Global Silver Survey Report released by the Silver Association shows that in 20021year, silver showed its first deficit since 20 15, and it was also the biggest deficit since at least 20 10. On the other hand, professional investors have limited interest in silver futures and OTC positions. In fact, the community is a net seller for most of the year.

In addition, according to the World Silver Survey recently released by the Silver Research Institute, in 2022, the global demand for silver reached a record 65.438+0.24 billion ounces (about 35,000 tons), an increase of 65.438+0.8% year-on-year, resulting in a supply gap of 238 million ounces (about 0.67 million tons). The agency called the gap "probably the biggest ever".