Silver Institute Press Releases
- Total Global Silver Demand Posts Record High of 1.24 Billion Ounces in 2022
Silver Market in New Era of Structural Deficits
(New York City, N.Y. – April 19, 2023) All major silver demand categories achieved record highs in 2022, pushing total silver demand to a new high of 1.242 billion ounces (Boz) last year. Silver industrial demand rose by 5 percent, physical investment increased by 22 percent, and … - Silver Continues to Deliver Results for U.S. Jewelers According to New Survey
Silver Jewelry Maintains the Highest Margins Compared to Other Precious Metals
(Washington, DC, March 23, 2023) Silver jewelry is popular among consumers and jewelry retailers because of its beauty, luster, design options, and affordability. With silver jewelry consumption on the rise, and to get a better sense of the U.S. silver jewelry retail market, the … - Silver Market May Face Economic Headwinds in 2023
Silver Industrial Demand Projected to Achieve a New Record High This Year
(Washington, D.C. – February 8, 2023) Silver is off to a good start in 2023. The year-to-date silver price average for 2023 (through to February 7) is more than 8 percent higher than the full year price average for 2022. Silver is also … - Indian Investors Are Taking Advantage of Increasing Silver Investment Options
Investors in India Have Purchased Nearly 730 Million Ounces of Physical Silver Since 2010
(Washington, DC – January 23, 2023) India’s enduring affection for silver underscores the country’s importance to the global silver marketplace. As the world’s sixth-largest economy and foremost silver fabricator, India also plays an essential role in silver and gold investment demand, … - Global Silver Demand Rising to a New High in 2022
Silver Jewelry and Physical Investment both forecast to surge by 50 Moz to record highs this year
(November 17, 2022) – Silver demand is forecast to reach a record total in 2022, driven by new highs for industrial demand, jewelry and silverware offtake and physical investment. These were some of the key findings reported by … - Generational Silver Jewelry Purchases Examined in New Report
Millennial Females are Purchasing More Silver Jewelry than Other Demographics
(Washington, DC — November 10, 2022) Fashion-conscious consumers cherish silver jewelry for its beauty, its use in contemporary designs, and its affordability in relation to other precious metals. Each generation plays an important yet distinct role in the silver jewelry marketplace. From the wealthy Silent … - Optimal Investment Portfolio Should Include 4-6 Percent Silver According to New Report
Silver Can Be a Strategic Asset Within Efficient Multi-Asset Portfolios
(Washington, D.C. – September 29, 2022) – Silver as a distinct asset class should be considered as a strategic investment allocation within a global multi-asset portfolio, according to new research by Oxford Economics, a leading independent economic advisory firm. The firm finds that investors would … - Silver Institute President Bradford Cooke Passes Away
(Washington, D.C. – August 19, 2022) The members of the Silver Institute offer our condolences to the family, friends, and colleagues of Bradford Cooke, who passed away unexpectedly.
Brad was the founder and Chairman of Endeavour Silver and President of the Silver Institute.
Michael DiRienzo, Executive Director of the Silver Institute, said, “We are extremely … - Silver’s Use in Brazing and Soldering Alloys Projected to Grow 23 Percent Through 2030
(Washington D.C. – June 15, 2022) An often underappreciated but important component of silver’s use in industry is its essential role in brazing and soldering, with nearly a half-billion ounces of silver consumed in this sector in the past decade.
Brazing and soldering are methods of joining two or more metals and are commonly used … - Global Silver Demand Surged in 2021
Silver Industrial Demand Up 9 Percent to Post a New Record High
(Washington, D.C. – April 20, 2022) The global silver market realized growth in every demand category in 2021, marking the first time all key sectors rose in tandem since 1997. Surpassing pre-pandemic volumes, total global silver demand achieved its highest level since …