Market Outlook
Global Silver Demand Forecast to Reach a Record 1.112 Billion Ounces in 2022
Total global silver demand is expected to reach an all-time high of 1.112 billion ounces (Boz) in 2022 driven mainly by record silver industrial fabrication — forecast to grow by 5 percent — as silver’s use expands in both traditional and critical green technologies, according to data from the Silver Institute.
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