Record High Industrial Demand for Silver Anticipated in 2023 Industrial demand for silver is projected to increase by 8% to a new high of 632 million ounces in 2023. This surge is primarily fueled by investments in photovoltaics, power grids, and 5G networks, alongside growth in consumer electronics and vehicle production. This forecast was presented at the Silver Institute’s Annual Silver Industry Dinner in New York City. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Everything's Overvalued: Marc Faber Sees Precious Metals as Safe Haven READ MORE U.S. Job Openings Decline in November, Indicating Labor Market Shift READ MORE Fed's Balancing Act: Slow Rate Cuts to Navigate Economic Crosscurrents READ MORE Dollar's Dominance Under Scrutiny: Morgan Stanley's Perspective READ MORE Gold Prices to Stay Strong Through 2024, Some Say $3,000 is a Stretch READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment