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POSTED ON November 20, 2023  - POSTED IN Key Gold Headlines

Industrial demand for silver is expected to set a record in 2023.

According to a forecast by Metal’s Focus in conjunction with the Silver Institute, industrial silver demand is on pace to rise by 8% to a record 632 million ounces.  Investment in photovoltaics, power grid, and 5G networks, along with growth in consumer electronics and rising vehicle output are key drivers behind the elevated industrial demand.

POSTED ON August 9, 2023  - POSTED IN Key Gold Headlines

With much stronger-than-expected second-quarter GDP growth and continued labor market strength, a growing number of people in the mainstream now think the US has escaped the clutches of a recession despite the Fed driving interest rates to the highest level in 16 years. But there are plenty of signs that a recession is looming. For instance, a big plunge in the sale of cardboard boxes indicates a slowdown in economic activity.

There’s another off-the-beaten-path indicator that flashes recession — a big drop in the demand for gold in the technology sector.

POSTED ON November 2, 2021  - POSTED IN Key Gold Headlines

The use of silver in electronics and electrical applications is expected to rise by 10% over the next five years. And this doesn’t include the expected demand increase for silver in the solar energy sector.

This is one of several silver-related stories covered in the latest edition of Silver News published by the Silver Institute.

POSTED ON May 20, 2021  - POSTED IN Key Gold Headlines

The price of silver is up over 70% year on year. Investment demand was at record levels during the pandemic, but industrial outtake plunged. As economies have opened up, industrial demand for silver has rebounded, helping to support rising prices. And there are reasons for continued bullishness on silver in the long term.

According to a recent report from the Silver Institute, silver demand for printed and flexible electronics is forecast to increase 54% over the next 10 years.

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