Silver is having a moment, and not in the way you might think.

Once hoarded by billionaires, now sought after by AI and clean energy — the world is experiencing a historic silver crunch. Jewellers are refusing orders, mutual funds are freezing ETFs and Diwali shopping just got a lot more expensive.

The thing is, silver supply has been trailing demand for years now. And now, the gap is finally showing. What's behind this sudden shift?

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