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Silver: The Unsung Hero of the New Economy

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  • Silver: The Unsung Hero of the New Economy
September 5, 2024

By Bruno Venditti – Visual Capitalist

Silver demand continues to surge, driven by technologies like solar power and AI.

In 2023 alone, the silver market experienced a 15% supply deficit. Furthermore, the market is expected to reach a cumulative deficit of 1,093.4 million ounces from 2020 to 2024.

In this graphic by Outcrop Silver, we discuss how new mines are necessary to meet the high demand for the metal.

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1 Comment

  1. Rick Mills says:
    September 6, 2024 at 2:33 am

    #Silver #SolarPower #AI

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