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U.S. Market Helping Drive Silver Jewelry Demand Higher

Summary by financialsurvivalnetwork.com
by Mike Maharrey Silver Seek Silver jewelry demand is on the rise globally, another factor pushing the silver market to its fourth straight supply deficit in 2024. The U.S. market is playing an important role in this trend. Industrial silver demand set a record last year, but despite the increase in offtake, overall silver offtake declined by 3 percent to 1.16 billion ounces, primarily due to weak investment demand. However, even with the slight…
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U.S. Market Helping Drive Silver Jewelry Demand Higher

U.S. Market Helping Drive Silver Jewelry Demand Higher While the amount of silver used in jewelry manufacturing pales compared to the demand for the metal in the industrial and tech sectors, it still consumes a significant amount. Mike Maharrey Fri, 05/23/2025

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silverseek.com broke the news in on Friday, May 23, 2025.
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