Technical Scoop: Chart of the Week – Silver Demand

by BMG Admin on August 20, 2012

Courtesy of David Chapman

Last week COTW took a look at gold production so thought it appropiate to look this week at silver production. It was probably no real surprise that the answer was basically the same. Silver demand/produciton faces an annual shortfall of some 8,678 tonnes in 2011. On a silver ounces basis this translates into a deficit of 115 million ounces.

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