Current price of silver as of Thursday, March 26, 2026 - Fortune

We're seeing what happens when paper markets can't suppress physical reality forever. Silver's industrial consumption has been outpacing mine supply for three straight years, and the deficit is widening. The solar panel buildout alone is consuming 150 million ounces annually. Meanwhile, COMEX registered silver sits at multi-decade lows. The gold-to-silver ratio has compressed to 64:1, down from 80:1 just six months ago. This isn't speculation anymore - it's supply and demand fundamentals. Industrial users are scrambling for physical metal while investment demand remains strong. The premium squeeze we're seeing at dealers reflects what's happening in the wholesale market. Stack accordingly.