Silver: Metal of the Future

Industrial demand for silver is growing. Silver has the highest electrical and thermal conductivity of all metals, making it an important metal in the global transition to a low-carbon economy and electrification.

Approximately 10% of the global silver supply is currently being used for building photovoltaic panels for solar power generation, while another ~30% is being used in other electrical applications, such as the increase in electrical componentry for electric vehicles.*

Silver is also a key component in the buildout of 5G networks, the next major evolution in communication technology, as well as having medical and sanitary applications because of its anti-bacterial properties.

Silver Supply & Demand

Silver Supply

1030
Moz
in silver supply in 2022*

Silver Demand

1102
Moz
in silver demand in 2022*

For More Information About Silver

Please note that these websites are external links and will open up in a new tab.**

Close Up of Stock Information Close Up of Stock Information

Investing in Silver(opens in new window)

As a precious metal, silver is valued by investors as a safe-haven investment, providing portfolio diversification when the broader economic environment weakens.

Man on Computer and Phone Looking at Stocks Man on Computer and Phone Looking at Stocks

The Silver Market(opens in new window)

The Silver Institute publishes the World Silver Survey, providing annual supply and demand statistics on the silver market.

Solar Panels at Dusk Solar Panels at Dusk

Low Carbon Future(opens in new window)

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.

Metals We Produce

Pan American mines the metals we use in our everyday life, from smartphones to powering electricity.

Ag

Silver

Silver serves both investment and industrial purposes. With the highest electrical and thermal conductivity of all metals, silver is used in photovoltaics (solar panels), electronic devices and 5G communication networks.


Silver (Spot) $21.49 USD

Au

Gold

Gold has been used as an investment for thousands of years. It is also used in jewelry, electronics, hi-tech health innovations, and aerospace.


Gold (Spot) $1,755.80 USD

Cu

Copper

Copper is a primary component in electrical wiring, circuit boards, plumbing hardware, homeware, instruments, and electric cars.


CWLON $7,990.50 USD

Pb

Lead

Lead is a primary component in car batteries, roofing, radiation shielding, bullets, ceramics, and soldering.


LLLONB $2,128.00 USD

Zn

Zinc

Zinc is a primary component in rust prevention, soap, plastics, metal alloys, sunscreen, rubber, and ink.


ZSLON $2,912.00 USD

* Source: 2022 Silver Forecast, Silver Institute, April 20, 2022
** You are about to leave Pan American Silver’s website. Your linking to this website or pages is at your own risk. Pan American Silver Corp. is not responsible for the accuracy, currency or reliability of any information, data, opinions, advice, statements or other content on linked sites and links are provided merely as a convenience. The inclusion of this link does not imply that Pan American Silver Corp. endorses or monitors this linked website. In addition, Pan American Silver Corp. does not warrant or otherwise guarantee that electronic materials on these websites are free of viruses or other harmful components. Pan American Silver Corp. does not accept any responsibility or liability in respect of linked websites, nor for their content or uses.