Average silver price expected to drop 1% to $24.80 per ounce this year

According to the Silver Institute, global industrial silver demand is expected to grow 8% this year due to strong demand in all key sectors, including the PV industry.The overall global demand for silver is expected to grow 8% year-on-year to reach 111.2 billion ounces in 2022, according to U.S.-based independent precious metals research consultancy The Silver Institute. "The increase will be driven by record silver industrial fabrication, which is forecast to improve by 5%, as silver's use expands in both traditional and critical green technologies," the analyst said. "The outlook for silver's ...

Den vollständigen Artikel lesen ...