Silver Institute Press Releases
- Silver to be Critical to Solar Power Generation Market Over Next 10 Years
Silver is the Most Reliable Metal for Solar Energy Output
(Washington, D.C. – June 1, 2020) One of the most significant industrial applications for silver today is its use in photovoltaic (PV) cells, the building blocks of solar panels, and a leading clean-energy technology. The cost of electricity generation from PV has rapidly declined over … - Global Silver Demand Edged Higher in 2019, With Investment Demand Up 12%, While Silver Mine Supply Fell for the Fourth Consecutive Year
(Washington, D.C. – April 22, 2020) – Global silver demand was pushed higher in 2019, with a 12 percent increase in investment demand as retail and institutional investors focused their attention on the long-term investment appeal of the white metal. Favorable structural changes, such as vehicle electrification and a rebound in the key field of …
- Silver to Play a Critical Role in 5G Technologies
(Washington, D.C. – March 23, 2020) 5G is not just an incremental improvement over 4G — it is the next major evolution of mobile communication technology. It will massively improve download speeds and reduce latency, but more importantly, it will facilitate significant technological progress in a whole range of sectors, such as the Internet of …
- Silver Industry Voices its Ongoing Commitment to Sustainable Development
(Washington, D.C. – February 19, 2020) The Silver Institute today released a microsite on its website that addresses the many ways in which the Silver Institute and its members support, embrace and promote sustainable development. It includes a video and information on two critical pillars of sustainable development:
The first examines how Silver Institute …
- Global Silver Market Forecast to Shine in 2020
Higher Silver Prices Projected This Year, Supported by Expanded Physical Investment and Industrial Demand
(Washington D.C. – February 12, 2020) The Silver Institute believes that macroeconomic and geopolitical conditions will remain broadly supportive for precious metals, encouraging investors to stay net buyers of silver overall, a development that should lift silver prices higher this year. … - 2019 Release of Metals Focus Interim Silver Market Review
Silver to remain in a small surplus in 2019, but improving investor sentiment will help drive the price higher (PDF)
- 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 …