Silver Institute Press Releases

  • 2009 — A Sterling Year for Silver Silver Posted its Second Highest Price Average Since 1980

    NEW YORK (May 27, 2010) – Strong investor demand and a recovery in industrial demand during the course of the year were key factors in a strong performance for silver prices in 2009, according to World Silver Survey 2010, released here today by the Silver Institute. The white metal’s price has continued to make gains …

  • Pre-Order Your Copy of World Silver Survey 2010

    (Washington, D.C. – April 8, 2010) The Silver Institute is now accepting pre-publication orders for World Silver Survey 2010, which will be released on May 27. This comprehensive report on the global silver market is produced annually for the Silver Institute by GFMS Limited, the London-based precious metals research firm.
    The Survey will examine all …

  • U.S. Mint’s American Eagle Silver Bullion Coin Sales – All-Time Record, But Demand Exceeded Supply

    (Washington, D.C. – February 5, 2010) — The United States Mint reports that sales of American Eagle Silver bullion coins reached 28,766,000 coins in 2009, far exceeding the 2008 total of 19,583,000.
    This increasing demand for silver is fueled by investors seeking to diversify their portfolios during uncertain economic times with an asset long prized …

  • Silver Institute Elects New Leadership

    (Washington, D.C. – June 17, 2009) Roque Benavides, President and Chief Executive Officer of Cia. de Minas Buenaventura S.A.A. (NYSE: BVN), has been elected President of the Silver Institute by its membership. Mr. Benavides has been the President and CEO of Lima, Peru-based Buenaventura since 2001. He succeeds Silver Institute President Robert Quartermain, President and …

  • Investor Demand Catapults Silver Price in 2008

    Last Year’s Average Silver Price Eclipsed Only by 1980 Figure
    NEW YORK (May 13, 2009) – Robust investor demand and solid industrial offtake drove silver’s price 12 percent over the prior year’s average to US$14.99 oz in 2008, leading to the seventh consecutive annual rise in value for the white metal. The 2008 average silver …

  • Silver Investment Demand Set to Overcome Strong Headwinds

    Silver Investment Demand Set to Overcome Strong Headwinds from Slide in Fabrication Demand this Year – Investment in Silver Poised to Continue
    (Washington, D.C. – April 22, 2009) The Silver Institute has today released a major new report entitled, The Silver Investment Market, prepared by leading precious metals consultancy GFMS Ltd. The 40-page report, which …

  • Silver Institute Forms Silver Nanotechnology Working Group

    Group Will Collect Data on Silver and Nanotechnology
    (Washington, D.C. – March 13, 2009) Today, the Silver Institute and the Silver Research Consortium announced the formation of the Silver Nanotechnology Working Group (SNWG). The SNWG is an industry effort intended to foster the collection of data on silver nanotechnology in order to advance the science …

  • Silver Price Demonstrates Solid Strength in 2008

    Price Posts Best Annual Average Since 1980
    (Washington, D.C. – January 8, 2009) The silver price, per ounce, in 2008 averaged a strong US$14.98, a nearly 12-percent increase over the 2007 average price of US$13.38; the best average annual price since 1980. A key development in silver’s fortune has been renewed investor interest in the …