Thomson Reuters has released their interim Silver Market Review including provisional supply and demand forecasts for 2015.
Highlights from that report include:
– Total silver supply is forecast to fall to 1,014.4 Moz* in 2015, down 3%
– Silver bullion coin sales at record high, up 95% year-on-year
– Coin demand should account for 12% of physical demand this year
– Silver market is expected to be in an annual physical deficit of 42.7 Moz* in 2015
– Silver prices this year are 18.3% lower than in the same period in 2014
*Millions of Oz
– Silver bullion coin sales at record high, up 95% year-on-year
– Coin demand should account for 12% of physical demand this year
– Silver market is expected to be in an annual physical deficit of 42.7 Moz* in 2015
– Silver prices this year are 18.3% lower than in the same period in 2014
*Millions of Oz
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