Silver Institute Report Shows Strong Demand Across All Supply Chains

Silver coins on the background of the growth chart

Investor demand continues to drive up prices for physical silver bullion. Supply chain disruptions at the start of the pandemic led to depletions of wholesale and retail bullion inventories resulting in the prices of physical bullion become far removed from following the paper price.

The US Mint continues struggling during periods of high demand due to ongoing supply chain issues plaguing domestic planchet suppliers.

Several Dealers Increase Order Minimums and Shipping Times

APMEX, JM Bullion, SD Bullion and Money Metals Exchange have announced temporary changes to order and shipping policies upon an increase in order volume in recent weeks amidst the ongoing banking crisis. While premiums on silver eagles have recently risen back above 50% per coin. Lower premiums are available for other sovereign bullion coins such as Britannia, Kangaroo and Philharmonic.