From StreetWise Reports
Ahead of the Herd reported on August 13, that silver, like gold, functioned as a precious metal offering investors protection during times of economic and political uncertainty, but much of its value stemmed from industrial demand. The publication noted that approximately 60% of silver was used in applications such as solar power, the automotive industry, and electronics. It cited the Silver Institute’s forecast of a 150-million-ounce market shortfall in 2025, marking the fifth straight year of demand exceeding supply. “Which is why the global industrial silver demand is soaking up nearly all of the silver on the planet,” John Rubino was quoted as saying. Ahead of the Herd further reported that silver had appreciated by 30% year-to-date as of August, reaching US$37.60 per ounce, and that silver ETFs saw US$1.6 billion in net inflows in June 2025 alone.