Invest in Silver
Silver is in demand both as an industrial metal and as a safe-haven investment.
The majority of the world's silver supply is used for industrial fabrication, with greatest demand for use in electrical and electronics applications, given silver is the most electrically conductive of all metals. Demand for silver has been growing dramatically for photovoltaic applications, with the increase in global solar panel installations. Silver also has antimicrobial qualities, and silver nanoparticles are an effective tool for killing disease-causing bacteria, which make the metal useful in a variety of medical applications. The main sources of demand are:
Jewelry and silverware
Coins and bars
Global mine production fell for the 4th consecutive year in 2019. Most of the silver produced does not come from primary silver mines, but rather as a by-product of mines that primarily produce copper, gold or other metals. The main sources of supply are:
Investing in Silver
As a precious metal, silver is valued by investors as a safe-haven investment, providing portfolio diversification when the broader economic environment weakens.
The Silver Market
The Silver Institute publishes the World Silver Survey, providing annual supply and demand statistics on the silver market.
A report from the World Bank indicates silver is expected to be one of the critical metals needed for the transition to a low-carbon future.