Silver inventory on COMEX falls below 90 million ounces: What does this mean for investors?

Silver inventories at the Commodity Exchange, Inc. (COMEX) have declined sharply in February 2026, with total registered stocks falling below 90 million ounces. Significant withdrawals from Western vaults indicate a potential structural shift in the global silver market, as physical demand increasingly challenges paper-based pricing mechanisms. Total COMEX silver inventories as of February 20 stood…

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