Fresnillio company has many transactions in silver as it's among the leading companies in mining field, which increased its shares value by 15% during this month, this rise is contributed by a good increase in company's production with acceptable required aspirations.
Other companies also had significant increases, such as Pan American Silver Corporation, which increased by 14%.
As for Wheaton precious metals company, it recorded an increase of 8.5%.
Extensive dealing with silver may lead to some other mining companies, such as Rio Tinto, taking interest in it and making large profits, especially as it also depends on copper and gold.
Does that mean the silver demand is increasing?
yes. Especially if big companies like Tesla will invest in it
One thing I have quite noticed is that some countries prefer silver coin much more than gold most of the time
Yes it's true