demand drivers.
Demand for silver comes from various sectors and industries – traditional sources of demand like jewellery and photograpy, and contemporary and future sources driven by technological advancement. Click through to find out more.
jewellery and silverware.
Silver’s lustrous appearance and versatility make it a popular choice for jewellery designers and consumers alike. It is also used in the production of silverware, tableware and decorative art pieces.
investment and store of value.
Like gold, silver is often considered to be a store of value, with investors buying the metal to diversify portfolios and hedge against inflation or economic uncertainty.
photography.
While digital photography has become dominant, the use of silver in traditional print photography still contributes to demand.
coins.
Although silver is no longer used in everyday currency, collectors and enthusiasts ensure strong market demand for commemorative or collectible silver coins.
industrial applications.
Silver’s excellent electrical and thermal conductivity make it valuable in electronics, electrical contacts, switches, batteries, solar panels, catalysts and various other technological applications. It is also used industrially for its antimicrobial properties.