Silver Industrial Demand Rose 11 Percent to Post A New Record in 2023

          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 structural gains from green economy applications underpinned these advances …
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April 17, 2024

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

          As both a financial asset and an industrial commodity, silver’s price is determined by multiple factors, the importance of which can vary significantly over time. To explore and better understand this complex set of factors, …
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February 27, 2024

Prospector News Podcast - Michael DiRienzo "Silver Demand is expected to grow in 2024. Supply Deficit Remains"

        Prospector News Publisher, Michael Fox is joined by the President and CEO of the Silver Institute, Michael DiRienzo. We discuss the demand data for 2024 and the Silver Institute expects a 1% rise from 2023. Most …
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February 15, 2024

Prospector News Podcast - Mike DiRienzo "Silver Demand to Increase 42% over the next Decade"

          Prospector News Publisher Michael Fox is joined by Michael DiRienzo President and CEO of the Silver Institute. We discuss the findings of their latest report that projects that Silver Demand will increase by 42% over …
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December 11, 2023

Global Silver Industrial Demand Forecast to Achieve New High in 2023

          Silver Industrial demand is expected to grow 8% to a record 632 million ounces this year. Key drivers behind this performance include investment in photovoltaics, power grid and 5G networks, growth in consumer electronics, and …
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November 16, 2023

Important Silver Demand Drivers to Effectively Double Rate of Growth Over Next Decade

          Three key sectors of global silver demand – industrial, jewelry and silverware – are significant drivers for annual silver consumption and accounted for nearly three-quarters of the world’s demand for silver in 2022. This stands …
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November 8, 2023

SILVER CONTINUES TO DELIVER RESULTS FOR U.S. JEWELERS ACCORDING TO NEW SURVEY

          Silver Jewelry Maintains the Highest Margins Compared to  Other Precious Metals   Silver jewelry is popular among consumers and jewelry retailers because of its beauty, luster, design options, and affordability. With silver jewelry consumption on …
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March 24, 2023

SILVER MARKET MAY FACE ECONOMIC HEADWINDS IN 2023

          Silver Industrial Demand Projected to Achieve a New Record High This Year     Silver is off to a good start in 2023. The year-to-date silver price average for 2023 (through to February 7) is …
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February 8, 2023

Prospector News Podcast - "Michael DiRienzo Discusses the Silver Market of 2022"

          Prospector News Publisher, Michael Fox is Joined by Michael DiRienzo, Executive Director of the Silver Institute. This show discusses the Silver Institute’s 2022 Silver Outlook released this past November. Silver is at record demand levels …
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December 15, 2022

Generational Silver Jewelry Purchases Examined in New Report

        Fashion-conscious consumers cherish silver jewelry for its beauty, its use in contemporary designs, and its affordability in relation to other precious metals. Each generation plays an important yet distinct role in the silver jewelry marketplace. From …
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November 10, 2022


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