Calculating Silver Demand Acceleration: BRICS Drives Global Market Pressure

SolidityJester · 2026-02-27T15:11:57+00:00

The extraction of silver from COMEX by BRICS nations signals a fundamental shift in precious metal accumulation strategies, reflecting increased global market dynamics and pressure on inventory, leading to significant price projections for 2026.

SolidityJester

2026-02-27 15:11:57

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The wave of silver extraction from COMEX warehouses by BRICS countries reflects a fundamental shift in the strategy of accumulating precious metals. This strategy indicates a significant change in global market dynamics, with major countries becoming more active in accelerating physical demand in international markets.

Massive Extraction from COMEX Signifies a Strategy Shift

BRICS countries consistently extract physical silver reserves from COMEX warehouses, creating substantial pressure on available inventories. This phenomenon is not just a routine transaction but a strategic signal indicating emerging markets’ confidence in the long-term value of silver. The widening price gap between the COMEX market and the Shanghai silver market reflects increasing supply-demand tensions on a global level.

JP Morgan Intensifies Physical Silver Accumulation

Leading financial institutions like JP Morgan are also ramping up their silver positions, anticipating substantial revaluation of prices in the future. According to analysis from NS3.AI, this movement is not coincidental but part of a calculated strategy to capitalize on the growing physical demand. The shrinking supply of refined silver forces major market players to accelerate their accumulation before prices adjust to higher levels.

Inventory Pressure Creates Shanghai-COMEX Price Gap

Decreasing inventories at COMEX have triggered a significant price gap with the Shanghai silver market, creating arbitrage opportunities and signaling market imbalance. Market analysts project that increasing delivery demand could exert additional pressure on COMEX, given the increasingly limited physical inventory availability.

Price Projection for 2026: Calculating the Acceleration of Silver Revaluation

The latest projection from JP Morgan indicates that silver prices could reach an average of USD 81 per ounce by 2026, more than doubling compared to 2025 prices. This estimate reflects confidence that accelerating physical accumulation and tightening supply will drive a significant revaluation of this precious metal in the future.

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