woensdag 6 mei 2015

2014 silver supply and demand

A new report on silver supply and demand is available and it's not too shabby.

https://www.silverinstitute.org/site/2015/05/06/key-components-of-global-silver-demand-rose-in-2014/

While overall industrial demand remained strong, we saw a sharp drop in silver bar and coin demand. This drop was seen in the U.S., China and Europe. We went from a deficit back into surplus, which explains the drop in silver price. Demand fell 5% year over year.

Supply increased as expected on a linear basis. 6% year over year.

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