Silver is one of the world’s most important metals. Over the past ten years, silver has remained largely in a worldwide supply deficit. The metal’s future looks very bright, as its unique properties of durability, reflectivity, conductivity, malleability are increasingly valuable to a growing world and a number of rapidly-expanding sectors including:
Coinage & investment – since 2007, demand for silver coins and medals has increased by over 170%, while silver bullion sales have also increased significantly (although sales declined in 2017).
Technology – silver is essential for phones, computers and microprocessors
Solar energy – the industry enjoyed 50% worldwide growth in just one year (2016 – 2017)
New uses – in medicine, water purification, aerospace, energy and more