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Silver glut shrinking, says Metals Focus

Provisional estimates show silver demand will increase by 1% in 2019 to about one-billion ounces, helping to reduce the worldwide oversupply to the lowest level since 2015, consultancy Metals Focus says.

Silver glut shrinking, says Metals Focus Silver glut shrinking, says Metals Focus Silver glut shrinking, says Metals Focus Silver glut shrinking, says Metals Focus Silver glut shrinking, says Metals Focus

Silver demand expected to rise by about 1% in 2019, says Metals Focus

Director Philip Newman presented the Metals Focus-Silver Institute Interim Silver Market Review late on Tuesday, saying demand for the metal was bolstered by record high industrial fabrication.