Total Global Silver Demand Posts Record High of 1.24 Billion Ounces in 2022

Silver Market in New Era of Structural Deficits
(New York City, N.Y. – April 19, 2023) All major silver demand categories achieved record highs in 2022, pushing total silver demand to a new high of 1.242 billion ounces (Boz) last year. Silver industrial demand rose by 5 percent, physical investment increased by 22 percent, and …