Silver Institute Press Releases
- Sturdy U.S. Silver Jewelry Sales Continued in 2016
Survey Shows Eighth Consecutive Year of Silver Jewelry Sales Growth
(Washington, D.C. – March 22, 2017) – Silver jewelry sales in the United States were strong in 2016, with 62% of jewelry retailers reporting increased sales, according to a survey conducted on behalf of the Silver Institute’s Silver Promotion Service (SPS). The results …
- Strong Institutional Investment Pushes Silver Prices Higher
(Washington, D.C. – March 16, 2017) The silver price has started 2017 on a positive tone, rising by roughly 9 percent since the beginning of the year.
The strength of silver prices is largely due to improving sentiment among institutional investors. Changing expectations towards the outlook for U.S. interest rates and the proliferation of … - Six Hundred Million Ounces of Silver to be Consumed in Photovoltaics and Ethylene Oxide Production Through 2020
(Washington, D.C. – December 15, 2016) Two of the everyday industrial uses for silver are in photovoltaic cells (the main constituents of solar panels) and as a catalyst for the production of ethylene oxide (an important precursor in the production of plastics and chemicals). These two uses of silver will together account for 120 …
- Thomson Reuters 2016 Interim Silver Market Review Press Release
2016 Interim Silver Market Review Press Release (PDF)
- Silver Soars in 2016
(Washington, D.C. – July 13, 2016) Silver’s price performance soared in the first half of 2016, fueled by increased investor interest in silver as a safe haven asset and as leveraged exposure to gold’s price rally. In the period January 4 – July 11, silver’s price increased 44.7 percent, based on the LBMA Silver …
- Silver Promotion Service Expands Savor Silver Program
New ‘Silver Style Partner’ category and participants announced
(New York, N.Y. – May 3, 2016) The Silver Institute’s Silver Promotion Service (SPS) today announced the introduction of a new merchandise category in the Savor Silver Program, ‘Silver Style Partners’. The inaugural participants are Belle Etoile, Geoffrey Scott, Joryel Vera, LJD, Martha Seely, Stephen Dweck, …
- Exceptional Growth in Key Sectors Leads to Record High Silver Demand in 2015
Jewelry, Coin and Bar, and Photovoltaic Demand Reach Historic Levels
(New York City – May 5, 2016) The silver market saw record demand in 2015, with the jewelry, coin and bar, and photovoltaic sectors posting new highs, helping to boost total silver demand to 1.17 billion ounces last year. Overall silver supply to the …
- Most Popular Silver Exchange Traded Product Celebrates 10 Year Anniversary
Investment Vehicle Broadened Silver Investment Opportunities
(Washington, D.C. – April 27, 2016) – On April 28, 2006, the iShares Silver Trust was launched. It is now the world’s largest silver-backed investment product, with over 330 million ounces (Moz) of silver held in the Trust and net assets of over US$5.5 billion. The Trust provides …
- Exceptionally Strong 2015 U.S. Silver Jewelry Sales
Seventh Consecutive Year of Growth
(Washington, D.C. — April 5, 2016) Silver jewelry sales in the United States were solid in 2015 with 60% of jewelry retailers reporting increased sales, according to a survey conducted on behalf of the Silver Institute’s Silver Promotion Service (SPS). This marked the seventh consecutive year of growth for …
- 2016 Silver Market Trends
(Washington D.C. – January 28, 2016) Silver is prized primarily for its dual role as a monetary asset as well as an important industrial metal utilized in a wide-range of existing and growing applications. Factors driving the silver market include supply and demand fundamentals, global economic performance, geopolitical issues, interest rates, currency fluctuations and …