Tag «Second Highest on Record»

Continued Strong Silver Investment Demand Drove Annual Average Price to Second Highest on Record

Jewelry Demand Remained Strong While Industrial Demand Eased Modestly (New York City – April 24, 2013) Robust global silver investor demand was the dominant driver of silver prices last year, accounting for almost a quarter of total silver demand. Averaging $31.15 per ounce, 2012’s price level was the second highest on record, behind the average …