When Silver Goes Nuts

SUBSCRIBE to Our Channel: https://www.youtube.com/c/sdbullion?sub_confirmation=1Win 500 Silver Coins, enter here: https://SDBullion.com/sweepstakes
The spot silver and gold markets traded slightly higher on this shortened Easter holiday week.

The spot silver price closed at $32.60 oz bid, and the spot gold price finished at $3,326 oz bid on the week.

The spot Gold-Silver Ratio climbed on gold's relative strength over silver, finishing this week still in rarefied triple digits, closing at 102.

The silver industry spokesbody, called the Silver Institute, made headlines this week publishing data showing a further structural global silver market deficit of –148.9 Moz in 2024.

LINK - https://silverinstitute.org/silver-industrial-demand-reached-a-record-680-5-moz-in-2024/

With industrial demand for silver skyrocketing over the last 5 years, especially for high-tech applications. The industry now cites a combined silver demand outstripping ongoing supplies to the deficit tune of –678 Moz since 2021 through last year.

That deficit is equivalent to 10 months of global mine supply in 2024 alone.

A happy Easter to you and yours who celebrate the resurrection of Christ.

That will be all for this week's SD Bullion Market Update.

And as always, take great care of yourselves and those you love.
——————
Royalty-Free Music by:
––––––––––––––––––––––––––––––
Like a Dream by GalaxyTones / galaxytones
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://audiolibrary.com.co/galaxytone...
Music promoted by Audio Library • Ambient Electronic Chill by GalaxyTones
https://youtu.be/qD44TeHeLWY?si=ShLAYqPdg-I5YcsE
––––––––––––––––––––––––––––––
Sassy Swing — Audio Library Beats
Free Download / Stream: https://www.audiolibrary.com.co/audio...
Music promoted by Audio Library • Dixieland Jazz Blues by Audio Library
https://youtu.be/5hCIile42gY?si=v_JmOG7J_wy0Cu_x
––––––––––––––––––––––––––––––
Rise Again by Alex-Productions / alexproductionsmusic
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://audiolibrary.com.co/alex-produ...
Music promoted by Audio Library • Cinematic Electronic Dramatic by Alex-Productions
https://www.youtube.com/watch?v=28kDLVdBl78
––––––––––––––––––––––––––––––
Beyond by Onycs / onycsmusic
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://audiolibrary.com.co/onycs/beyond
Music promoted by Audio Library • Chill Dream Pop by Onycs
https://youtu.be/mBQ2tunOn-U?si=pN_Mqdv3xdfgSkC_

Видео When Silver Goes Nuts канала SD Bullion