Could global demand for silver reach more than 1 billion ounces ?

Silver bars.jpg
Silver bars

The increase in demand for silver will be significant and it is expected that silver will become more in demand in jewelry in 2022 by 11%.

Demand for silver will be strong in all major sectors as industrial silver trimming strength is expected to rise, which will exceed half of the total demand for silver. Repeated improvements in the global economy will give applications to the silver industry an additional upward trend.

Standard photovoltaic installations are expected to raise the demand for silver in this sector to an all-time high in 2022.
The photovoltaic installations will have a major role in increasing the demand for silver, and the field of transportation, especially cars, in addition to applications related to 5G and the high demand for portable electronic devices will increase the consumption of silver.

It is expected that jewelry sales will witness an increase and expansion, especially in India and a good percentage in America.
As a result of this, silver physical investment is expected to achieve significant gains and higher levels in the coming years, as this will accelerate inflationary pressure
It will make retail investors search for physical silver to keep their wealth.
However, with this increased financial investment and improved economic conditions, earning profits will be secret and silently

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I am beliving in the future. There will be more demand on silver than gold

Yes companies have now more targets with silver

I think like 50% of the silver demand actually comes from industrial sectors