The global silver market saw record demand in 2015, driven by new highs in the jewellery, coin and bar, and photovoltaic sectors, which helped boost total silver demand to 1.17-billion ounces last year, a new report by market analysts at Thomson Reuters GFMS had found.
Its latest ‘World Silver Survey 2016’ reported that exceptional growth in these critical sectors had resulted in record high demand during the year.