![As demand outstrips supply in a record year, silver prices increased](https://market-tracker.in/wp-content/uploads/2023/04/672z311-1600759113-shutterstock-256676086-1632885906.jpg)
As demand outstrips supply in a record year, silver prices increased
The price of silver rose yesterday by 0.3% to settle at 75472, as the demand for silver climbed by 18% last year to a record high of 1.24 billion ounces, creating a huge supply gap and raising concerns about more shortages in the years to come. The institute’s most recent World Silver Survey indicates that…