Silver prices have surged over 30% since the start of the year, prompting companies to accelerate their reduction of silver holdings in response to the price spike.

Over the past year, silver prices have repeatedly hit new highs, with an increase of over 30% since 2026 alone. As the metal with the best electrical conductivity, silver has a wide range of applications in the industrial field, with the photovoltaic manufacturing sector experiencing rapid growth in demand for silver in recent years.