Silver Price Today Slips Near $79 as New Deficit Warning Keeps Market Tight (Reuters)
Spot silver slipped 0.2% to $79.40 per ounce on Wednesday, holding near Tuesday’s close after a sharp rally. The Silver Institute projects a sixth consecutive global deficit in 2026, with stocks drawn down by 762 million ounces since 2021. Lease rates in London have mostly normalized, but analysts warn of ongoing liquidity risks. Gold fell 0.9%, platinum gained 0.8%, and palladium dropped 1.1%.