Silver Institute Press Releases
- 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 …
- Thomson Reuters Releases Interim Silver Market Review
Mine Production Stagnates As Silver Coin Demand Hits Record High
(November 17, 2015 – New York City) At the Annual Silver Industry Dinner hosted by the Silver Institute, Erica Rannestad, Senior Analyst in the GFMS team at Thomson Reuters, presented the Interim Silver Market Review, which included provisional supply and demand forecasts for 2015. …
- Growing Industrial Demand for Silver Highlighted at 2015 Silver Industrial Conference
(Washington, D.C. – November 12, 2015) The Silver Institute recently conducted the Second Silver Industrial Conference where executives and experts from many industrial sectors –including electronics, the textile and chemical industries, regulatory agencies and financial firms — came together in Washington, D.C., to examine the increasing demand for industrial silver. A broad range of …
- Helzberg Diamonds to Launch ‘Silver Salutes the Service’ Initiative
Silver Promotion Service Partners with Helzberg on Jewelers for Veterans Project
New York, NY (November 9, 2015) — The Silver Promotion Service (SPS) announced that it has joined forces with Helzberg Diamonds on a veterans focused program to be launched in conjunction with Veteran’s Day. The in-store and e-mail campaign will spotlight Helzberg’s new …
- Silver Bullion Coins on Allocation at Major National Mints
Silver Investment Bars Also in Short Supply
(Washington, D.C. October 13, 2015) – Retail investors in recent months have seized the opportunity to significantly increase their holdings of silver bullion coins and, to a lesser extent, bars. Due to strong demand, the U.S. Mint, the Royal Canadian Mint, Australia’s Perth Mint, the Austrian Mint …