India's Largest Metals Refinery Just Ran Out Of Silver For The First Time In History

 https://www.bloomberg.com/news/articles/2025-10-18/sold-out-in-india-panic-in-london-how-the-silver-market-broke

• The shortages in India were soon felt globally, with the London silver market also running out of available metal, and traders describing a market that was "all but broken".