From Mining.com
Unlike gold, silver benefits not only from a surge in investments into safer assets during times of uncertainty, but also upturns in economic outlook, given the metal’s use in industrial applications.
The Silver Institute projects demand for silver will remain healthy in the coming years, owing to an anticipated rise in consumption for industrial uses such as photovoltaics, electronics and electric vehicles. In 2025, global demand is expected to reach 1.2 billion oz., over half of which from industrial fabrication (700 million oz.).
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