Video – Silver Market

An estimated 60% of silver is utilized in industrial applications, like solar, solid-state batteries, AI data center chips, advanced electrical relays, smart grid infrastructure upgrades, and every US manufacturing facility, leaving only 40% for investing.

In January 2025, the Silver Institute forecasted another deficit in the silver market, with annual demand at 1.20 billion ounces and supply at 1.05 billion ounces. The 150-million-ounce shortfall would be the fifth consecutive year that silver demand outstrips supply.

With the market entering its fifth straight year of structural deficits, investors and even central banks are beginning to accumulate silver at historic rates.