SHFE #SILVER is flashing something markets usually ignore… until it’s too late.
Inventories just hit 11-year lows earlier this year — one of the largest physical drainages ever recorded.
Now the flow is reversing aggressively:
+327 tons in 5 weeks
16 straight days of inflows
+22% weekly surge in physical demand
This isn’t random.
This is liquidity snapping back after an extreme squeeze.
When supply gets drained… and then suddenly refills at speed — price is rarely quiet for long.
The question is simple:
Is this just rebalancing… or the start of a larger repricing in silver?
XAGUSDT
Perp
75.85
-0.34%