‘This is not good’, says Elon Musk as silver prices soar ahead of China’s new export rules
Elon Musk voiced concerns over rising silver prices as China's new export rules approach. Starting January 1, 2026, China will restrict silver exports, requiring licenses for companies. This, coupled with a structural supply deficit and collapsing physical inventories, is driving a real supply squeeze, impacting industrial demand for critical sectors like EVs and solar panels.
Elon Musk voiced concerns over rising silver prices as China's new export rules approach. Starting January 1, 2026, China will restrict silver exports, requiring licenses for companies. This, coupled with a structural supply deficit and collapsing physical inventories, is driving a real supply squeeze, impacting industrial demand for critical sectors like EVs and solar panels.
