$iShares Silver Trust(SLV)$ Silver spot price stands at $72.38, primarily influenced by COMEX and London OTC markets. In typical conditions, COMEX registered inventory fluctuates less than 1% to 2% weekly. However, nearly 26% of registered inventory vanished in one week during mid-January. COMEX risks depleting physical silver as dealers charge about $10 over spot. Should COMEX exhaust silver, settlement at current low spot price may occur, potentially triggering significant price surges.
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