The Silver Institute is the global voice for expanding public awareness of silver’s essential role in today’s world, focusing on industrial applications such as green energy. The Institute provides market participants with reliable statistics and implements programs that help drive demand for silver worldwide.

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This graphic draws on data from the @SilverInstitute's World Silver Survey 2024 to examine the photovoltaic (PV) sector's increasing contribution to global #silver demand. From 2015 to 2024, silver demand for PV applications nearly quadrupled, rising from 5.59% of total demand…

The medical uses of silver extend to advanced technologies, such as in the development of biomedical devices and implants. Silver coatings are applied to various devices to utilize the metal’s antibacterial effects and improve patient outcomes. See: https://tinyurl.com/mrbkjkv5

#CommodityChampions | 'There's a 182 m oz global #silver deficit in 2024 & 2025 is expected to be the 5th year of deficit,' says Michael DiRienzo, President & CEO, @SilverInstitute. He tells @Manisha3005 India's silver will be strong, while US tariffs could impact China's demand

'The [#silver] market is expected to record its 4th straight year of shortages in 2024, according to the @SilverInstitute, the metal's industry association. The supply deficit is helping to boost prices, with a nearly 30% gain since January...'
👉 https://www.bnnbloomberg.ca/investing/commodities/2024/11/24/five-key-charts-to-watch-in-global-commodity-markets-this-week/

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