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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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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...
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Global Silver Demand Surged in 2021
April 20, 2022 08:30 ET | The Silver Institute
WASHINGTON, April 20, 2022 (GLOBE NEWSWIRE) -- The global silver market realized growth in every demand category in 2021, marking the first time all key sectors rose in tandem since 1997. Surpassing...
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Global Silver Demand Forecast to Reach a Record 1.112 Billion Ounces in 2022
February 09, 2022 10:17 ET | 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...
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Industrial Demand for Silver Rebounding to a New High in 2021
November 17, 2021 11:10 ET | The Silver Institute
WASHINGTON, D.C., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Every key area of silver demand is forecast to rise in 2021, including a record total for industrial demand, despite ongoing supply chain...
CRU Forecast for Silver Demand in Electrical and Electronics Applications (Moz)
Global Connectivity to Boost Silver Demand in Electrical and Electronics Applications
September 23, 2021 09:07 ET | The Silver Institute
WASHINGTON, Sept. 23, 2021 (GLOBE NEWSWIRE) -- With the highest electrical conductivity of all metals, silver is a component in almost all electronic devices we use daily. But silver isn’t just...
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Global Pandemic Fueled Renewed Investor Interest in Silver in 2020
April 22, 2021 11:00 ET | The Silver Institute
WASHINGTON, April 22, 2021 (GLOBE NEWSWIRE) -- Considerable growth in silver investment was the chief driver of the metal's 27 percent average price gain in 2020. Leading the way was substantial...
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Silver Consumption in the Global Automotive Sector to Approach 90 Million Ounces by 2025
January 12, 2021 08:30 ET | 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...
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Silver to be Critical to Solar Power Generation Market Over Next 10 Years
June 01, 2020 08:36 ET | 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...