Loading ...Someone sent me this market analysis regarding the recent silver remonetization framework enacted by the Reserve Bank of India on April 1st. This historic policy, which allows banks to accept physical silver as tier-one monetary collateral, signals a major shift in the global market.
Coupled with China’s recent import surge of 836 tons and similar moves across the Middle East, we are seeing a significant physical drain on silver inventories. Despite silver currently trading at $75.45, I believe this price does not yet reflect the impact of these policy changes.
I have included a few resources below for you to track these trends:
– Silver Spot Price: https://comexlive.org/
– Gold Spot Price: https://comexlive.org/
– COMEX Warehouse Inventories: https://datatrack.trend/
Please note that this information represents personal opinion and market analysis for educational purposes and is not professional financial advice.
recommend conducting your own due diligence before making any investment decisions.