The infographic above tells a visual story of volatility, but the history of silver over the last 100 years is far more complex than a simple price chart can convey. It is a timeline defined by a struggle for identity: is silver money, or is it a critical industrial ingredient?

This graphic uses data from the Silver Institute's World Silver Survey 2024 to illustrate changes in silver demand across various sectors fr

In 2023, silver demand exceeded supply for the third consecutive year, despite a 30% drop in the market deficit to 184.3 Moz.