Global silver supply is facing the second-largest market deficit in more than 20 years according to a new survey by the Silver Institute. The newly published World Silver Survey 2024 found that, while there will be a modest 1% decrease in supply of the precious metal, there will still be another large deficit for silver this year of around 215.3 million ounces. The Silver Institute says demand for silver, which has been growing at record levels in recent years, is being driven by new demand opportunities beyond its traditional applications and expanding role in the energy transition. Use in new technologies “For ... (full story)