by Peter Schiff, Schiff Gold:
Silver demand is expected to reach an all-time in 2022.
This is one of several silver-related stories in the latest edition of Silver News published by the Silver Institute.
Sliver demand is projected to reach a new high of 1.21 billion ounces. That would be a 16% increase from 2021.
Industrial demand is on course to grow to 539 million ounces mainly driven by ongoing vehicle electrification, the growing acceptance of 5G technologies, and government commitments to green infrastructure – particularly solar power.