Silver Institute Press Releases
- Rising Investor Interest in Silver Detailed in New Report by Metals Focus
(Washington, D.C. – October 3, 2019) The main categories of global silver investment have increased appreciably this year, led by fresh all-time highs for silver in exchange-traded products (ETPs), where 746 million ounces of silver are currently allocated, global mint bullion coin sales rising by 30 percent year-on-year through July, and strong net-long positioning on …
- Silver Institute Membership Elects New Officers
(Washington, D.C. – June 5, 2019) Michael Steinmann, President and CEO of Pan American Silver Corp. (PAAS: NASDAQ and TSX), has been elected President of the Silver Institute by its membership. He succeeds Octavio Alvidrez, CEO of Fresnillo plc (FRES: LSE). Bradford Cooke, CEO of Endeavour Silver Corp. (EXK: NYSE and EDR: TSX), was elected …
- Global Silver Demand Up 4% in 2018, Fueled by Soaring Investment Demand along with Rising Jewelry and Silverware Offtake
Global Mine Supply Recorded a Third Consecutive Annual Decline
(New York City – April 11, 2019) Despite headwinds that confronted many asset classes in 2018, including most of the commodities complex, three significantly positive developments emerged in the silver market last year. First, total silver demand increased for the first time since 2015, rising 4 … - Survey Shows 10th Consecutive Year of Silver Jewelry Sales Growth
Silver Jewelry Boom Continued for 2018, with Majority of Retailers Reporting Double Digit Year-Over-Year Sales Increases, High Product Turn Rates and Optimism for Future Growth. Younger Consumers Proved to be Key Demographic with Gifting and Female Self-Purchase as the Best Selling Opportunities
(New York City, March 19, 2019) – Silver jewelry sales in the United … - Silver Market Trends – 2019
(Washington D.C. – February 5, 2019) Last year, the silver market faced a challenging environment which was reflected in a muted price performance. Preliminary estimates point towards a minor 0.3 percent increase in total supply whereas demand contracted 3 percent. A slowing Chinese economy, coupled with rising U.S. interest rates, an equity market bull run, …
- 2018 Interim Silver Market Review Press Release
2018 Interim Silver Market Review Press Release (PDF)
- China to Continue Driving Global Silver Market Forward
(September 12, 2018 – Shenzhen, China) China will continue to be a major driver in the global silver market for years to come, fueled by continued industrial demand and silver mining activity. China is by far the largest consumer of silver globally, accounting for 18% of global fabrication demand in recent years. In addition, to …
- Over 1.5 Billion Ounces of Silver Forecast to be Consumed in Crucial Green Technologies Through 2030
(Washington, D.C. – July 5, 2018) The ongoing revolution in green technologies, driven by the exponential growth of new energy vehicles (NEVs) and continued investment in solar photovoltaic energy, should further boost global industrial demand for silver over the next decade and beyond. These sectors, along with silver demand in nuclear power, are explored in …
- Silver Industrial Demand Rebounded in 2017; Mine Supply Recorded Second Consecutive Loss
(New York City – April 12, 2018) Industrial demand for silver, fueled by record photovoltaic growth, rose in 2017 for the first time since 2013. A stronger global economy led to healthy demand from the semi-conductor market, resulting in greater silver offtake in electrical and electronics applications as well as brazing alloys and solders. The …
- Silver Institute to Sponsor Silver Technology Symposium at TechConnect World Innovation Conference 2018
(Washington, D.C. – March 19, 2018) The Silver Institute is pleased to announce that it is sponsoring a symposium at TechConnect World Innovation Conference 2018, one of the world’s largest multi-sector gatherings of technology leaders, researchers, innovators, technology prospectors and investors. This world-class event will be held in Anaheim, California, at the city’s new convention …