Silver Continues in Backwardation, Signaling Ongoing Short Squeeze
Silver prices remain in backwardation, suggesting that the short squeeze driving recent gains is still in progress and has not yet concluded.
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Silver Remains In Backwardation, Indicating Short Squeeze Isn't Over
It already feels like it's been a while since we saw the silver price hit a new all-time record high.
But while the tension in the market has eased, despite the silver futures finally returning to their normalized position trading over the silver spot price, the market quickly went into backwardation again, indicating that the stress in the silver supply is not fully resolved.
To find out more about what's happening, click to watch this video now!
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15:20
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Published
Nov 4, 2025
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