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Silver Supply & Demand - The Basics.pdf

202302_silver_-_supply_vs_demand.pdf

Preview of Silver Supply & Demand - The Basics

🔗 Source: discoverysilver.com

📊 Size: 269 KB

👤 Author: Forbes Gemmell

⬇️ Downloads: 120

Summary

Silver's demand comes from both investment appeal and industrial purposes, with its price correlated to gold due to its 'safe haven' status. Industrial demand is driven by silver's high conductivity and ductility, making it essential for electric vehicles, solar energy, and energy storage. Mine supply makes up 80-85% of total silver supply, with primary silver mines accounting for only 28% of production. The top silver-producing countries are Mexico, China, and Peru. Demand for silver is split 50/50 between industrial use and investment/jewelry, with industrial demand driven by photovoltaic technology, electrical and electronics, and brazing alloys and soldering. The outlook for silver is promising, with demand expected to continue growing due to green energy initiatives and post-pandemic conditions, while supply is expected to remain relatively flat.

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Description

Silver's demand comes from both investment appeal and industrial purposes, with its price correlated to gold due to its 'safe haven' status.

Technical Information

File Format: PDF
File Size: 269 KB
Pages: 4
Language: EN
Author: Forbes Gemmell
Total Downloads: 120
Last Updated: 1 month ago

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