Silver – robust industrial demand and safe haven at the same time

Now that silver has broken through the USD 31 per troy ounce mark, the next target of USD 37 per ounce of silver should not be far away. Industrial demand for silver is increasing, as many applications in the green economy only work with silver. In addition to the photovoltaic industry, the automotive sector will also consume silver, even if the growth momentum in the production of battery-powered electric cars declines somewhat. The increasing electrification of vehicles and the expansion of the corresponding infrastructure will fuel the demand for silver. More artificial intelligence will also strengthen the market for consumer electronics due to new products. Physical silver investments are expected to grow by three percent, with more new investments anticipated. And if, as expected, less gold jewelry is bought, sales of silver jewelry could increase as a result. However, this applies more to the West. Due to the high prices in India and China, the silver jewelry industry is expected to decline in 2025.

On the supply side, a global increase of three percent is expected this year. This would be 1.05 billion ounces. The production of silver in mines is expected to increase by two percent in 2025 (to 844 million ounces of silver). The resulting gap will be covered by recycling, primarily from industrial scrap. This area is likely to increase by five percent. Things should look good for the growth of silver investments. This is because concerns about the high national debt of the USA and future US foreign and trade policy are likely to benefit not only the price of gold, but also that of silver. Companies with silver in their projects, such as Endeavour Silver or Vizsla Silver, should benefit

Endeavour Silver – https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ – has projects in Mexico, Nevada and Chile. An estimated 4.5 to 5.2 million ounces of silver and 30,500 to 34,000 ounces of gold are to be produced in 2025.

Vizsla Silver – https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ – owns gold and silver in Mexico at its Panuco gold-silver project. Test mining is already underway here.

Current company information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -) and Endeavour Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -)

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/