Posted on 10/15/2025 7:18:00 AM PDT by delta7
China’s $128/oz Premium Sets Global Benchmark, Triggering a Worldwide Silver Supply Shock and Redefining Pricing Everywhere.
Raw silver is commanding $128 per ounce in China, the world’s largest physical silver marketplace—a price more than double prevailing global spot rates. In an interconnected world, silver always flows to the market that pays the most and treats it best. When benchmark prices surge so dramatically in one dominant region, those levels ripple outward, redefining what buyers everywhere must pay for the real metal.
As word spreads of China’s sky-high premiums, sellers and traders naturally align their offers to match, making $128 not just a local anomaly, but a practical new baseline. The days of regional price gaps are vanishing, replaced by a global standard set by those willing to pay.
Ultimately, silver goes where it is valued highest—and when one market leads, the rest follow. As news of China’s $128 per ounce silver price circulates, it quickly becomes the effective price for physical silver worldwide.
The silver shortage gripping global markets in late 2025 is not an abstract concept; it’s a rapidly unfolding crisis affecting wholesale, retail, and industrial supply chains in every major region. Silver is suddenly unavailable from trusted mints and dealers, cascading real-world consequences for manufacturers, investors, and everyday buyers. This systemic scarcity, driven by a confluence of supply chain breakdowns and surging demand—especially in Asia—has triggered new pricing benchmarks, stunned old-economy players, and left the world scrambling for solutions.
Perth Mint and India: Supply Vanishes
In Australia, the globally respected Perth Mint has halted all silver product sales, effectively erasing one of the planet’s most reliable sources of new supply. Not a single coin or bar now leaves their facility; the only response to inquiries is silence or “unavailable.” This sudden stop eradicates a crucial export pipeline, radiating downstream effects throughout Asia Pacific and beyond.
The situation in India is equally dramatic—retailers and dealers report not even “a sliver of silver available”. Amazon-based sellers are now defaulting on deliveries, advertising silver bars, accepting payment, and then failing to produce the metal. This breach of trust highlights the severity of the crunch: some dealers have run out of physical stock and cannot honor sales, leaving frustrated consumers without recourse. These abrupt defaults mark a transition from mere inconvenience to financial risk with reputational damage.
Physical Shortage Splits the Market
In London, physical silver shortage signals have become acute, sending lease rates spiraling to 39%—a panic level not seen in recent history. Banks unable to locate sufficient metal are forced to buy back futures contracts or deliver actual silver, moves that can spark explosive price surges overnight. The crisis has bifurcated the market: futures and paper contracts trade at one price, while the real metal commands far greater premiums, sometimes double the spot rate due to scarcity.
China Sets the New Global Price
Nowhere are these pressures more visible than China, the world’s largest physical silver marketplace. Silver sheets on top trading platforms like Rongtong Gold have disappeared, cutting off both bulk buyers and industrial demand. JD.com, the nation’s top e-commerce retailer, shows almost all merchants have delisted raw silver bars; only one remains, offering $108.25 per ounce for raw silver and $128.50 for small bars. These prices are more than 100% above official global spot, signaling not just local demand but a reset in global pricing logic.
Why does China’s price matter so much? Sellers always migrate to markets offering the highest returns and best conditions. With China consuming a vastly disproportionate share of global silver supplies, its domestic premiums exert gravitational pull—aligning international prices with Chinese benchmarks. If sellers can receive $108-$128 per ounce in China, the rest of the world quickly follows, making China’s retail prices the new “de facto” global standard for physical silver.
North America: Mints and Banks Run Dry
The supply pinch is intensifying in North America. The Royal Canadian Mint, revered for stability, reports zero inventory on its iconic 10-ounce and 100-ounce silver bars; buyers are met with “out of stock” notices or indefinite waitlists.
TD Bank, a giant in Canadian retail bullion, shows every single silver product marked “unavailable.” Even collectors seeking small, themed bars are left wanting. The tightness extends deep into the institutional segment—banks, mints, and retailers cannot replenish stock or assure customers of future deliveries.........
“The changes could have been announced prospectively, with the Hunts given some time to unwind their position. Instead, they were required to dump their contracts. Who benefitted?”
The revised rules did NOT immediately cause margin calls.
The 50% drop in MARKET caused the margin calls.
I am holding right now, so it doesn’t affect me right now. I got a couple more coins coming from the mint and that is it for right now.
I hope your mama doesn’t let you play the markets with real money ...
“I hope your mama doesn’t let you play the markets with real money ...”
Troll alert.
I managed my mother’s accounts.
not trolling ...
but .... ya a bit tongue in cheek ...
I was reading through the thread , enjoying your posts ...
I assumed you were the “devils advocate” ...the spice ...
every board needs a little pull and push. makes it interesting.
But as I read ... I started to wonder ... and I felt a bit guilty for seeing humor .
My concern ... if someone approached the market with the level of understanding that you exhibit, ... well it would scare me.
You remind me a bit of the mods on stock twits.
...
stir the pot , keep it hot ,...
... you are a scrappy little player
ok then ...
here's the game ...
as long as you post to me I will reply.
you may run away at any time ...
I will not post to you except as a reply...
it's called ....ping pong
are you ready?
on your mark ... get set ...... pong
“My concern ... if someone approached the market with the level of understanding that you exhibit, ... well it would scare me.”
My major holdings have broken posted here over the years.
Stop posting what you know nothing about.
“I hope your mama doesn’t let you play the markets with real money ...”
Stupid, juvenile comment. If you are going to troll me, up the level of discourse to an adult level.
,,, what a qualifier!
ok then ...
here’s the game ...
as long as you post to me I will reply.
you may run away at any time ...
I will not post to you except as a reply...”
LOL! You trolled me. I only replied to your childish post.
“,,, what a qualifier!”
More than a troll deserved.
“TejasGaytor lies like a Democrat - he leaves out important facts to twist his messages into the shape he wants.”
I remember the ONE time you challenged my post. I resurrected an earlier post by you that showed YOU were the liar.
Remember? Where you made the prediction in 2024 that a US civil war would start in January 2025 ending in 2026 with THE US broken up into four new countries!
What a hoot you are.
Well ... since we are on a silver thread.....
Let's talk silver .... good with you?
Silver spot
USD/t.oz ... 53.001
of course that is from the comex at 8:51 pm
.....
It seems that 1.8 billion $ in dead paper was slammed into the system at about the same time that margin was raised...
and the lease rate rocketed.
Could you explain for us how that would or would not have an effect on the price of junk silver at the retail level.
... lots of interest on that subject currently.
thank you for your attention to this matter.
😂😂😂😂
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