China dominates the global silver market primarily through its massive green energy infrastructure.
: Emerging solar technologies like TOPCon and HJT cells require significantly more silver paste per unit than older models, further deepening the demand. 2. Retail Investment "Frenzy" china buying silver
: Inflows into silver-backed ETFs like the SLV grew at their fastest monthly pace in years by late 2025. 3. Market Tensions and Price Strains China dominates the global silver market primarily through