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Why Silver Demand Is Rising Globally
Silver demand is rising due to strong industrial use in solar panels, electronics, electric vehicles, and green technologies worldwide.
Global silver demand is projected to reach nearly 1.25 billion ounces in 2026, marking record consumption levels.The surge is driven by three major forces: rapid solar energy expansion,accelerating electric vehicle production,strong jewelry demand recovery in India and China.Industrial fabrication now accounts for more than 55% of total silver usage worldwide.This growing dependence on silver across industries strengthens its long-term demand outlook and supports price stability.