China’s hold over the physical silver market looms large for 2026

As the superior financial, military, and taste US rival successful the conflict for geopolitical supremacy, China has recovered itself outmaneuvered by President Donald Trump successful the vigor arena. US power implicit China’s main lipid suppliers - Iran and Venezuela - person undermined a important information of its leverage. However, China has different cards to play successful retaliation, and 1 of the main ones has been silver.

The futures markets person colluded to suppress metallic prices astir the globe for decades, but carnal metallic request broke retired successful 2025 and the fundamentals for its bull tally person not changed. However, China exercises an outsized power implicit the existent planetary metallic bullion market, and determination is grounds already appearing that it volition antagonistic US moves successful lipid with comparable ones successful silver. That means different apt metallic bull tally successful 2026 for stocks and ETFs dealing with carnal silver. Among these are:

• iShares Silver spot ETF (NYSE: SLV)

• Abrdn Physical Silver Shares ETF (NYSE: SIVR)

• Global X Silver Miners ETF (NYSE: SIL)

Record China Silver Imports

China's metallic imports person been astatine grounds levels passim 2026.

The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Global X Silver Miners ETF wasn't 1 of them. Get them present FREE.

The Shanghai Futures Exchange astir recovered itself successful default for March transportation contracts arsenic its inventories had been sorely depleted owed to its bailing retired of the UK’s LBMA successful October 2025. LBMA astir defaulted arsenic its inventories were unprepared for a immense Diwali-fueled carnal metallic buying surge from Indian buyers. As a result, the SHFE hiked borderline requirements for metallic to 22% and went connected a buying spree, expanding metallic inventory by implicit 50% successful March. Bloomberg reported that inclusive of concern demand, China imported implicit 800 tons of metallic successful March, much than treble its erstwhile precocious of astir 425 tons successful December 2020.