
Silver rally resumes, but TD warns that increased supply makes the market vulnerable
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The silver market is showing fresh vigour as prices push back above the US $50/oz threshold, recovering from earlier dips and signalling renewed bullish sentiment. However, analysts at TD Securities caution that this comeback comes with a caveat: mounting supply could undermine the rally. Despite recent strength, the firm highlights that elevated production and expanding inventories may blunt upside potential. In short, while silver is enjoying a revival, it may be vulnerable if the supply side outpaces investor enthusiasm.
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