Global Silver Demand Forecasted to Rise to 1.2 Billion Ounces in 2024
January 30, 2024 10:41 ET
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The Silver Institute
WASHINGTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Global silver demand is forecast to reach 1.2 billion ounces in 2024, which, if achieved would be the second-highest level recorded. Stronger industrial...
Important Silver Demand Drivers to Effectively Double Rate of Growth Over Next Decade
November 08, 2023 11:10 ET
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The Silver Institute
WASHINGTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Three key sectors of global silver demand – industrial, jewelry and silverware – are significant drivers for annual silver consumption and accounted for...
Optimal Investment Portfolio Should Include 4-6 Percent Silver According to New Report
September 29, 2022 09:16 ET
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The Silver Institute
WASHINGTON, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Silver as a distinct asset class should be considered as a strategic investment allocation within a global multi-asset portfolio, according to new...
Global Silver Demand Forecast to Reach a Record 1.112 Billion Ounces in 2022
February 09, 2022 10:17 ET
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The Silver Institute
WASHINGTON, Feb. 09, 2022 (GLOBE NEWSWIRE) -- The outlook for silver demand is exceptionally promising for 2022 with global silver demand forecast to rise to a record high of 1.112 billion ounces...
Silver Demand for Printed and Flexible Electronics Forecast to Consume 615 Million Ounces of Silver Through 2030
May 19, 2021 09:35 ET
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The Silver Institute
WASHINGTON, May 19, 2021 (GLOBE NEWSWIRE) -- Silver demand for printed and flexible electronics is forecast to increase 54 percent, from 48 million ounces (Moz) in 2021 to 74 Moz in 2030, consuming...
Global Silver Demand Forecasted to Rise 11 Percent in 2021, Reaching 1.025 Billion Ounces
February 10, 2021 08:17 ET
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The Silver Institute
WASHINGTON, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Against an improving macroeconomic backdrop, the main segments of silver demand are expected to rise this year. Led by industrial and physical silver...
Silver Consumption in the Global Automotive Sector to Approach 90 Million Ounces by 2025
January 12, 2021 08:30 ET
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The Silver Institute
WASHINGTON, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Automakers today are increasingly relying on silver to enable the vast technological advances incorporated into modern vehicles. This has resulted in...
Silver to be Critical to Solar Power Generation Market Over Next 10 Years
June 01, 2020 08:36 ET
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The Silver Institute
WASHINGTON, June 01, 2020 (GLOBE NEWSWIRE) -- One of the most significant industrial applications for silver today is its use in photovoltaic (PV) cells, the building blocks of solar panels, and a...
Global Silver Demand Edged Higher in 2019, With Investment Demand Up 12%, While Silver Mine Supply Fell for the Fourth Consecutive Year
April 22, 2020 11:00 ET
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The Silver Institute
WASHINGTON, April 22, 2020 (GLOBE NEWSWIRE) -- Global silver demand was pushed higher in 2019, with a 12 percent increase in investment demand as retail and institutional investors focused their...
Global Silver Demand Up 4% in 2018, Fueled by Soaring Investment Demand along with Rising Jewelry and Silverware Offtake
April 11, 2019 08:15 ET
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The Silver Institute
NEW YORK CITY, April 11, 2019 (GLOBE NEWSWIRE) -- The Silver Institute: Despite headwinds that confronted many asset classes in 2018, including most of the commodities complex, three significantly...