GJ Town India

  Average silver price jumped by 21 percent in 2024!   Silver industrial demand rose 4 percent in 2024 to 680.5 million ounces (Moz), reaching a new record high for the fourth consecutive year. Demand continued to benefit from structural gains linked to the green economy, including investment in grid infrastructure, vehicle electrification, and photovoltaic (PV) applications. Demand was further boosted by end-uses related to artificial intelligence (AI), which drove growth in consumer electronics shipments. Overall, global silver demand exceeded silver supply for the fourth consecutive year, resulting in a structural market deficit of 148.9 Moz in 2024. Notably, during 2021-2024, the combined deficit reached 678 Moz, equivalent to 10 months of global mine supply in 2024.    These and other key aspects of the 2024 silver market are examined in the World Silver Survey 2025, released by the Silver Institute. The 88-page Survey also provides an outlook for the silver...

Top trends that will affect the white metal in 2025!    Dean Belder, Silver Investing Analysts wrote that, Top trends that will affect silver in 2025! Silver reached highs not seen since 2012 this past year. What trends will drive the white metal in 2025, and will its price gains continue? The silver price reached highs not seen since 2012 this past year, supported by an ongoing deficit and increasing interest from investors as geopolitical concerns prompted safe-haven buying.   The white metal reached its highest point for the year in October, breaking through US$34 per ounce on the back of a shifting post-pandemic landscape and geopolitical tensions. However, Donald Trump's victory in the US presidential election just a few weeks later buoyed bond yields and the US dollar while weighing on silver and gold. What will 2025 hold for silver? As the New Year approaches, investors are closely watching how Trump's policies and actions could impact the precious metal, ...