Global silver demand from the automotive industry is projected to grow steadily at a CAGR of 3.4 per cent between 2025 and 2031, as the metal continues to play a pivotal role across emerging technologies and green transition industries, according to a research report released by Oxford Econo
The Silver Institute's forecast indicates that silver demand is expected to grow by approximately 2 per cent from 2023 to 2024, reaching around 1,219 tonnes.