Physical Demand for Silver to Climb on New U.S. Mint Coin Release

MarketWatch reported that the physical demand for silver is expected to ramp up, with the U.S. Mint about to launch its latest offering this coming Monday, which is raising questions about supply.

As quoted in the market report:

When large price movements occur that spur a rapid increase in physical buying — such as was triggered by the recent 10-15% dip in gold and silver prices — physical silver supplies become more difficult to obtain than physical gold as there is less above ground supply of physical silver than there is of physical gold,” said Blanchard. “This has caused more scarcity of silver bullion than gold bullion in the physical spot market.

To view the whole MarketWatch report, click here.