Silver Demand Seen Down 5% This Year Due to Weaker Jewellery Purchases
4 Articles
4 Articles
Research carried out by the British consulting firm Metals Focus for the World Silver Institute today showed a 5 per cent decline in global metal demand during the current year, as a result of declining purchases of silverworks and their low use in the solar panels industry, amid rising prices and the accelerated trend of companies to use other alternatives. According to research carried by CNN [...]
The demand for silver is expected to fall by 5% in 2026, due to the decrease in jewellery purchases and reduced consumption in the photovoltaic panels cell sector, where high prices have accelerated the process of replacing silver, shows a study published on Friday by the consulting firm Metals Focus for Silver Institute, reports Reuters.
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