Global demand surged 19% to 1.05 billion ounces in 2021, hitting a 6-year high, and is expected to continue its upward trajectory. According to the Silver Institute’s World Silver Survey 2022, demand for silver could reach a record high of 1.112 billion ounces in 2022. Despite recent drops, both silver demand and silver price are expected to remain well-supported through 2022, as inflation concerns are at the top of mind for many investors. Silver mining companies, particularly such as Pan American Silver Corp (NASDAQ:PAAS) (TSX:PAAS), First Majestic Silver Corp (NYSE:AG) (TSX:FR), Hecla Mining Company (NYSE:HL), Even the big ...
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Global Demand for Silver Could Hit a Record in 2022