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Fiscal Stimulus Supports Industrial Metal Demand
Government spending increases manufacturing output.
Large-scale government spending on infrastructure and green energy grids directly boosts silver's industrial demand. In 2026, global infrastructure bills have allocated billions to projects requiring massive amounts of silver-coated connectors and wiring. This fiscal "push" provides non-market source of demand that is insulated from general consumer trends. For silver, government spending is often just as important as central bank policy for driving long-term prices.