Livemint EN

Silver inventories at COMEX and Shanghai Exchange hit multi-year lows. What does it mean for silver prices?

Silver inventories at COMEX stood at 360.64 million ounces as of February 26, marking a decline of 1.21 million ounces, or 0.33%, from the previous day. The latest figure represents a steep 32% contraction from the approximately 532 million ounces recorded in October 2025.

Feb 27, 2026 &02172727202628; 08:17 UTC www.livemint.com Trending 3/5

Read original on www.livemint.com ↗

↗

Positive for markets

Sentiment score: +75/100

High impact Short-term (days)

WHAT THIS MEANS

Silver inventories at COMEX and Shanghai Exchange have reached multi-year lows, with a 32% decline since October 2025, signaling potential supply constraints that could push silver prices higher.

AI CONFIDENCE

0% Low

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↑

Silver Futures

SI=FCommodity

Expected to rise

Steep decline in inventories indicates tightening supply, which historically leads to price increases due to supply-demand imbalance.

PRICE HISTORY

Loading chart...

⚡ SUGGESTED ACTION

Consider accumulating long positions in silver futures or ETFs, but monitor industrial demand and macroeconomic indicators for risk management.

KEY SIGNALS

Multi-year low inventories at COMEX and Shanghai Exchange32% inventory contraction from October 2025Daily decline of 0.33% reinforcing supply tightness

SECTORS INVOLVED

MiningPrecious Metals

Analysis generated on Feb 27, 2026 at 08:46 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Silver inventories at COMEX and Shanghai Exchange hit multi-year lows. What does it mean for silver prices?

RELATED INTELLIGENCE