Silver market crisis: Panic in London! How market broke – Is demand in India the cause?

India’s Diwali silver buying frenzy, fueled by social media hype, triggered a global market crisis. Unprecedented demand drained inventories, leading to a severe shortage and extreme price volatility. This surge, combined with industrial growth and ETF accumulation, pushed the silver market to its breaking point. India’s Diwali silver buying frenzy, fueled by social media hype, triggered a global market crisis. Unprecedented demand drained inventories, leading to a severe shortage and extreme price volatility. This surge, combined with industrial growth and ETF accumulation, pushed the silver market to its breaking point.