Translate

Showing posts with label Silver Institute. Show all posts
Showing posts with label Silver Institute. Show all posts

Thursday, February 11, 2021

Silver Price To Rise In 2021

COVID-19 has triggered a rush among investors to stockpile silver, which like gold is traditionally seen as a safe place to store money. The purchases of bars and coins will also rise in 2021. 


Useful links: https://www.mining.com/web/silver-will-outshine-gold-as-demand-hits-8-year-high-in-2021-silver-institute I https://www.silverinstitute.org I https://www.metalsfocus.com

Tuesday, September 01, 2020

Friday, April 12, 2019

Global Silver Market

The Silver Institute has released a report saying global silver demand rose 4% – to 1.03 billion oz. – in 2018. This is the first time since 2015 that demand has risen year-over-year. Three factors were at play: demand growth, robust retail investment, and falling supply. On the demand side, sales of silver bars and coins rose by 20%, the largest driver was silver bar demand, which jumped 53%. Silver jewelry demand moved up 4%, to 212.5 million oz. Demand for industrial silver fell 1% to 578.6 million oz., due to a 9% drop in silver used in photovoltaic.