Tag: silver demand

Growing Industrial Demand for Silver

Growing Industrial Demand for Silver

There is a growing demand for silver as industry has turned increasingly to advanced technological products and systems that require the metal’s unique qualities, according to speakers at the 2nd Silver Industrial Conference.

Continue Reading

Markets Gone Wild And Turmoil in Europe But Silver Demand Strong

| January 14, 2015 | Category: Economy
Markets Gone Wild And Turmoil in Europe But Silver Demand Strong

The dollar rallied from .85 to .92 today (January 14th) as the 10 year bond yield went from 2.62% in September to 1.83% today. Gold is recovering from its early November lows at $1,140 as it almost touched $1,250 this week. Andrew Hoffman comments on ongoing market activity in his latest video blog and the meaning of the extreme readings in crude oil, bond yields, the dollar and equities. He also looks at Europe and the industrial vs investment demand in silver.

Continue Reading

Infographic: The Many Phases Of Silver

Infographic: The Many Phases Of Silver

Like the moon, silver has many phases and is the most dynamic of the precious metals. Its dynamic properties give it the most uses of any metal, which include those in commerce, health and industry. In its first phase, silver acted as a monetary metal. This infographic describes how the Persian empire, the Greek and Roman empires had used silver in their economic and monetary system. In the second phase, silver was a health metal. In phase 3, silver played a role as an industrial metal; today, silver has thousands of uses.

Continue Reading

Silver Demand for Industrial Applications Forecasted at 680 Million Ounces in 2018

Silver Demand for Industrial Applications Forecasted at 680 Million Ounces in 2018

Total silver industrial demand is forecast to grow 27 percent, adding an additional 142 million ounces of silver demand through 2018 compared with 2013 levels, according to a new report issued today by the Silver Institute. Half of this growth will be accounted for by the electrical and electronics sector, but additional demand will be due to growth in other industrial applications, as highlighted in the report entitled, “Glistening Particles of Industrial Silver.”

Continue Reading

Silver’s Bullish Fundamentals Driven By Solar Energy

Silver’s Bullish Fundamentals Driven By Solar Energy

With photovoltaic installations on the rise, silver demand is ready for a major surge. About 80 metric tons of the metal are needed to generate one gigawatt, or 1 million kilowatts, of electricity, enough to power a little over 90 typical American homes annually. In 2016, close to a million and a half metric tons of silver are expected to be needed to meet solar demand in the United States alone.

Continue Reading

Silver and Powerful Forces

Silver and Powerful Forces

For several years it seems that powerful forces have been aligned against gold and silver. What will happen to prices when some or all of those powerful forces reverse and align in favor of precious metals, for their own protection and profit?

Continue Reading

Silver Investment Demand To Increase By One Billion Ounces Over Next Decade

Silver Investment Demand To Increase By One Billion Ounces Over Next Decade

Investors are likely to increase their net silver purchases in the years ahead, largely due to an ongoing weak global economy, for capital preservation and silver’s pedigree as a leading industrial metal, according to a report released today by the Silver Institute. The report, entitled “Silver Investment Demand,” suggests that investors may accumulate as much as one billion additional ounces of silver in various investment instruments over the next decade. This is on top of the more than 860 million ounces of silver purchased as an investment since 2006.

Continue Reading

Strong Investor and Industrial Interest Lead to Solid Silver Demand in 2014

Strong Investor and Industrial Interest Lead to Solid Silver Demand in 2014

Investor and industrial consumption of silver has advanced at a healthy pace in 2014, reflected in the silver price increasing 5 percent as of July 15 from the beginning of the year. The two categories, investment and industrial demand, are important to the strength of the silver market and last year accounted for a combined 77 percent of total silver demand.

Continue Reading

Physical Silver Demand At All Time Highs in 2013

Physical Silver Demand At All Time Highs in 2013

The Silver Institute, in cooperation with Thomson Reuters GFMS, announced the results of the World Silver Survey. This annual report on the global silver market since 1990, to bring reliable supply and demand statistics to market participants and the general public. In particular, total physical silver demand rose by 13% in 2013 to an all-time high. This was primarily driven by the 76 percent increase in retail investment in bars and coins coupled with a sturdy recovery in jewelry and silverware fabrication.

Continue Reading

US Silver Jewelry Sales Exceptionally Strong in 2013

US Silver Jewelry Sales Exceptionally Strong in 2013

Silver jewelry sales in the United States were robust in 2013, with 73% of jewelry retailers reporting increased sales last year, according to “Silver Jewelry Buying Trends,” a survey conducted by the prominent jewelry trade publication “National Jeweler” on behalf of the Silver Institute’s Silver Promotion Service.

Continue Reading

Few Realise How Undervalued Silver Is At Current Prices

Few Realise How Undervalued Silver Is At Current Prices

The current price for silver is extremely low and during the third quarter of 2013, silver mining costs averaged $21.39 per ounce. If these low prices persist, mines will eventually close reducing the amount of silver on the market. In turn, that lack of supply should push prices up.

Continue Reading