China to restrict silver exports due to a shortage of the precious metal
The Chinese government has decided to restrict silver exports due to a shortage of the precious metal observed in the global market.
Starting January 1, 2026, companies will be required to obtain a license from Chinese authorities to export silver abroad. Permits will be issued only to large firms that produce around 80 tons of XAG per year and have access to extensive credit lines. Accordingly, small and medium-sized enterprises will not be able to export the precious metal.
This year, demand for silver is expected to reach 1.24 billion ounces, while supply is estimated at 1.01 billion ounces. As a result, the shortage of XAG will amount to 230 million ounces. China accounts for 60–70% of global precious metal supplies, so export restrictions will have a significant impact on the market.
Given the news from China, it becomes clear that the silver deficit will not only fail to decline in 2026, but will increase further. In this context, the price of XAG, which rose 2.7 times in 2025, will continue to grow. According to investor and businessman Robert Kiyosaki, silver will rise to $200 next year. If his forecast proves accurate, the price of the precious metal will increase by two and a half times from its current level of $79.3.
“Happy New Year, smart silver investors. Your patience has paid off. We will soon get rich. Silver is hotter than gold,” Kiyosaki concluded.
Robert Kiyosaki
See also: "How Much Profit Would $1,000 Invested Following Robert Kiyosaki’s Advice Have Generated"
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