Silver Institute Press Releases

  • 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 …

  • Global Silver Demand Forecast To Reach A Record 1.112 Billion Ounces In 2022

    Gains Will Be Broad-based, With Growth Expected From Most Key Demand Components
    (Washington D.C. – February 9, 2022) The outlook for silver demand is exceptionally promising for 2022, with global silver demand forecast to rise to a record high of 1.112 billion ounces (Boz) in 2022. The increase will be driven by record silver industrial …

  • Release of Silver Institute’s 2021 Interim Silver Market Review

    Industrial Demand for Silver Rebounding to a New High in 2021

  • Global Connectivity to Boost Silver Demand in Electrical and Electronics Applications

    (Washington, D.C. – September 23, 2021) With the highest electrical conductivity of all metals, silver is a component in almost all electronic devices we use daily. But silver isn’t just vital today; the next generation of technological advancements, especially those related to global connectivity expansion, will rely on the white metal’s inherent properties throughout the …

  • Silver Institute Membership Elects New Officers

    (Washington, D.C. – August 4, 2021) Mr. Bradford Cooke, Executive Chairman of Endeavour Silver Corp. (EXK: NYSE and EDR: TSX), based in Vancouver, Canada, has been elected President of the Silver Institute by its membership, succeeding Mr. Michael Steinmann, President and CEO of Pan American Silver Corp. (PAAS: NASDAQ and TSX).  Additionally, Mr. Ignacio Bustamante, …

  • Silver Demand for Printed and Flexible Electronics Forecast to Consume 615 Million Ounces of Silver Through 2030

    (Washington, DC – May 19, 2021) Silver demand for printed and flexible electronics is forecast to increase 54 percent, from 48 million ounces (Moz) in 2021 to 74 Moz in 2030, consuming 615 million ounces for these applications during the 10-year timeframe, as this market continues to mature and expand. Printed and flexible electronics are …

  • Global Pandemic Fueled Renewed Investor Interest in Silver in 2020

    Record Silver-Backed Exchange-Traded Product Inflows Drove Global Holdings to Over One Billion Ounces; Coin and Bar Demand Rose to a Four-Year High
    (Washington, D.C. – April 22, 2021) Considerable growth in silver investment was the chief driver of the metal’s 27 percent average price gain in 2020. Leading the way was substantial demand for silver-backed …

  • Global Silver Demand Forecasted to Rise 11 Percent in 2021, Reaching 1.025 Billion Ounces

    Physical Investment Expected to Hit a Six-Year High
    (Washington D.C. – February 10, 2021) Against an improving macroeconomic backdrop, the main segments of silver demand are expected to rise this year. Led by industrial and physical silver investment, global silver demand is expected to achieve a six-year high of 1.025 billion ounces in 2021.