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Silver Market Expected to Enter a Period of Tightness Unseen for Decades

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Silver market to enter a period of tightness unseen for decades – ANZ NEWS | 07/07/2023 14:19:50 GMT | By FXStreet Insights Team An acceleration in the transition to renewable energy is supporting metals not usually associated with renewables, such as Silver. And the Silver market may struggle to adjust, economists at ANZ Bank report. Silver in structural deficit amid surge in demand from solar industry Due to its high electrical conductivity and durability, Silver has become important to the solar industry. With the installation of solar capacity rapidly growing its role as an industrial metal is developing. This year China is expected to…

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