According to the recently released 2019 World Silver Survey, silver investment demand was significantly higher than analysts forecasted. How much higher? A lot, especially since the analysts stated that silver coin and bar purchases were expected to contract due to falling demand globally.

However, when the data was finally collected, it turned out that physical silver investment was the leading growth sector in the silver market in 2018… by a large degree. And, we can thank super-strong Indian silver demand for pushing physical investment to double-digit growth instead of a substantial decline.

Now, if we look at the information released by the Silver Institute back in November 2018 (Silver Interim Report), it stated that silver coin and bar demand was estimated to drop by 12% in 2018:

Bar and coin demand will be the main dri ... Read more »