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Silver Industrial Demand Rose 11 Percent to Post A New Record in 2023
April 17, 2024 09:00 ET | The Silver Institute
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- On the heels of 2022's record use of silver in industrial applications, a new record high was set in 2023 at 654.4 million ounces (Moz). Ongoing...
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Silver Institute Membership Continues to Grow
March 12, 2024 08:00 ET | The Silver Institute
WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- The Silver Institute is pleased to welcome five companies to its growing roster of members. These companies represent key areas of the broader silver...
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Silver's Dual Nature as a Financial Asset and an Industrial Commodity Requires a Multi-Factor Analysis to Understand and Predict Movements in the Price
February 27, 2024 10:20 ET | The Silver Institute
WASHINGTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- As both a financial asset and an industrial commodity, silver's price is determined by multiple factors, the importance of which can vary significantly...
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Global Silver Demand Forecasted to Rise to 1.2 Billion Ounces in 2024
January 30, 2024 10:41 ET | 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...
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Global Silver Industrial Demand Forecast to Achieve New High in 2023
November 15, 2023 19:30 ET | The Silver Institute
NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Silver Industrial demand is expected to grow 8% to a record 632 million ounces (Moz) this year. Key drivers behind this performance include investment in...
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Important Silver Demand Drivers to Effectively Double Rate of Growth Over Next Decade
November 08, 2023 11:10 ET | 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...
World Silver Supply & Demand (million ounces)
Total Global Silver Demand Posts Record High of 1.24 Billion Ounces in 2022
April 19, 2023 09:00 ET | The Silver Institute
NEW YORK, April 19, 2023 (GLOBE NEWSWIRE) -- All major silver demand categories achieved record highs in 2022, pushing total silver demand to a new high of 1.242 billion ounces (Boz) last year....
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Indian Investors Are Taking Advantage of Increasing Silver Investment Options
January 23, 2023 10:47 ET | The Silver Institute
WASHINGTON, Jan. 23, 2023 (GLOBE NEWSWIRE) -- India's enduring affection for silver underscores the country's importance to the global silver marketplace. As the world's sixth-largest economy and...
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Release of the Silver Institute’s Interim Silver Market Review
November 17, 2022 20:00 ET | The Silver Institute
Global Silver Demand Rising to a New High in 2022 Silver Jewelry and Physical Investment both forecast to surge by 50 Moz to record highs this year NEW YORK, Nov. 17, 2022 (GLOBE...
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Generational Silver Jewelry Purchases Examined in New Report
November 10, 2022 10:39 ET | The Silver Institute
WASHINGTON, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Fashion-conscious consumers cherish silver jewelry for its beauty, its use in contemporary designs, and its affordability in relation to other precious...