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 …
...
READ MOREApril 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, …
...
READ MOREFebruary 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 …
...
READ MOREFebruary 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 …
...
READ MOREDecember 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 …
...
READ MORENovember 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 …
...
READ MORENovember 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 …
...
READ MOREMarch 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 …
...
READ MOREFebruary 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 …
...
READ MOREDecember 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 …
...
READ MORENovember 10, 2022
RELATED POSTS
Copyright 2024 The Prospector News