Silver

Solar Demand to Continue to Push Silver Price Higher, This Is When Markets Could See $100 Silver – Hecla Mining CEO Phillips Baker

Silver is increasingly becoming an industrial and an electrical metal, says Matt Watson, founder of Precious Metals Commodity Management LLC.  Nearly a third of the global silver supply, about 300,000 ounces, is now used for solar power. Other industrial applications include automotive, solder and brazing alloys, and water purification.  Solar plus automotive, which adds another […]

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Gold Prices Could Keep Climbing — But Analysts Expect Silver to Steal the Show Before Long

Analysts say silver appears well-placed to outshine the yellow metal in the second half of the year. Precious metal prices have pushed higher in recent weeks amid growing expectations of U.S. interest rate cuts. Earlier in the year, the Silver Institute said in a report that global silver demand was expected to reach 1.2 billion

Gold Prices Could Keep Climbing — But Analysts Expect Silver to Steal the Show Before Long Read More »

Silver Set To Rise To $30 This Year, But Where Is Momentum?

A recent physical silver market research report suggests silver to hit $30 in 2024. This seems a very low silver price target considering many factors including a silver supply deficit, a bullish secular silver chart, and silver relative to gold undervaluation. A recent physical silver market research report suggests silver to hit $30 in 2024.

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Silver Set for a ‘Terrific Year’ and Could Outperform Gold to Hit a 10-Year High

Global silver demand is forecast to reach 1.2 billion oz in 2024, the second-highest level on record, the Silver Institute said. “We think silver will have a terrific year, especially in terms of demand,” the executive director of the Silver Institute said. “Gold will shoot up first and then you will see silver take off

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Solar Is the 800-Pound Gorilla of Silver Demand – Peter Krauth, Editor of Silver Stock Investor

Industry now consumes 60 percent of silver compared to 50 percent a few years ago. Krauth believes the disconnect between undersupply and overdemand will eventually lift silver prices. Last year, the Silver Institute predicted industrial demand would grow by 4%, when it grew 8%. It expected solar power installations to require 160 million ounces when

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Fed rate cuts could push gold prices up 20% this year, but silver will jump 48% – AuAg Fund

In their recently published 2024 outlook, analysts at AuAg Funds said they expect to see a 20% rally in gold prices this year, pushing the market past $2,400 an ounce. “We believe that central banks will shift away from rate hikes and adopt a more accommodative policy stance in 2024, which will catalyze a substantial

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Industrial Demand for Silver on Pace to Set Record in 2023

Industrial demand for silver is expected to set a record in 2023. According to a forecast by Metal’s Focus in conjunction with the Silver Institute, industrial silver demand is on pace to rise by 8% to a record 632 million ounces.   According to a separate report, industrial demand for silver is forecast to increase by

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“Green Economy” Expected to Boost Silver Demand and Other Silver News

The green energy revolution is here to stay, and it will likely have significant impacts on the silver market moving forward. Silver is expected to play a significant role as the “green economy” evolves. The Silver Institute recently participated in a panel discussion titled “Silver’s Role in the Green Economy” at the London Bullion Market Association’s

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Gold Shows Surprising Strength Despite Sky-High Treasury Yields, Silver Continues to Be Undervalued – Heraeus

Gold prices continued to shrug off rising rate hike expectations and skyrocketing Treasury yields as they remain near $2000 per ounce, and while silver’s low prices supported coin sales, the precious metal remains oversold, according to analysts at Heraeus. US Mint silver American Eagles “Cumulative sales year-to-date (including the first two weeks of October) were

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