BusinessPhoto: News18Hi BusinessSilver Prices Fall Despite Supply Shortage, Demand Not Driving Drop
Silver prices are falling even though supply is weak, contradicting the traditional commodity market rule that prices rise when demand exceeds supply. Internationally, silver has dropped below $50 per ounce. According to Sukden Financial, the market will face a shortage of 46 million ounces of silver this year, yet prices continue to decline.
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