The CPM silver market outlook 2026: Investment demand, supply, ETFs, solar demand, and silver inventories

Kitco Media
By CPM Group
Published:
Updated:
Kitco Commentaries
Opinions, Ideas and Markets Talk

Featuring views and opinions written by market professionals, not staff journalists.

The CPM silver market outlook 2026: Investment demand, supply, ETFs, solar demand, and silver inventories teaser image

The 2026 CPM Group Silver Market Outlook Is Now Available!

Click Here To Watch It Now

In this presentation, Jeffrey Christian, Rohit Savant, and Carlos Sanchez of CPM Group review the current silver market and the major factors shaping prices in 2026. The presentation covers the sharp rise in silver prices, the role of investment demand, ETF flows, coin demand, Comex positioning, above-ground inventories, fabrication demand, mine supply, scrap recovery, and the differences between physical and futures markets.

The presentation only gives a small taste of CPM Group’s view of the opaque Silver market. The 2026 Silver Yearbook is required reading for anyone hoping to get a leg up in this markets.

Click here to purchase the 2026 Silver Yearbook today!

The CPM Silver Yearbook 2026 contains definitive and detailed statistics and analysis on the international Silver markets including:

• Analysis of supply and demand trends
• Bullion and futures market activity
• Projections for the current year
• Detailed information on mine production
• Secondary recovery
• Fabrication demand
• Investment demand
• Historical price information
• Details and analysis on many other aspects of the global Silver market

Click here to find out more about the 2026 Silver Yearbook.

We would like to thank the following sponsors for subsidizing the cost of this research, making it available to a wider audience.

Eloro Resources Ltd.
Metallic Minerals Corp.
Institute of Scrap Recycling Industries / Recycled Materials Association
Sunshine Silver Mining & Refining Company
Monex Precious Metals
Kitco
Sabin Metal Corporation
Southern Silver Exploration Corp.
Pan American Silver
Sinda
Silvercorp Metals Inc.
The Korelin Economics Report
Alaska Silver Corp.
The Electrum Group

Kitco Media

CPM Group

CPM Group is a commodities research, consulting, financialadvisory and commodities management firm providing independent research,analysis and advisory services related to commodities markets, corporate andproject finance, and the financial management of exposure to commodity orientedinvestments.

We started our business in 1986 predicated on the idea that commoditiesresearch and advice is best delivered by independent experts who do not work forbanks, brokers, mining companies, or any other entity that has interests thatcould conflict with the best interests of the clients receiving the research,analysis, and advice.

All of our work is driven by fundamental commodities research and economicanalysis. As we undertake our research into individual commodities markets wegather a tremendous amount of information and develop an enormous body ofextremely high quality, unbiased analysis of the markets and the companies thatare involved with individual commodities. The outputs of our research andanalysis take the form of research reports, specialized and targeted consultingrelated to these markets, financial advisory services ranging from corporate andproject finance structuring to equity introductions, and managing specificcommodities and investment positions for clients.

CPM Group continues to demonstrate the economic value and financial worth ofsuperior research, information, and analysis. Our research is based onmicro-economic analysis of the individual components of each commodity market,wedded with a top-down macro-economic analysis of the global trends affectingthese markets. We apply the results of that analysis to our research,consulting, and advisory services.

Mdi Earth Logo
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.