Investors, Not Industrial Demand Have Been Drivers in Silver’s Price

Mineweb reported that, although silver’s industrial use has supported its price throughout the last several years, investors have played a significant role.

As quoted in the market report:

Bottom line? The fundamentals of silver industrial demand, though important, are not what has been the principal driver of the price in the last 10 years. It has instead been the investment community that has truly filled the gap left by the departure of demand from the film industry.

To view the whole Mineweb report, click here.