Who Buys: Silver

Industry is the largest and most consistent buyer of silver. Because silver is the most electrically conductive metal on Earth, it is often indispensable for modern technology. SILVER SUPPLY & DEMAND - The Silver Institute

Silver is primarily purchased by three distinct groups: , retail and institutional investors , and consumer goods sectors . As of early 2026, the market is characterized by a "structural deficit," where demand consistently outpaces newly mined supply, driven largely by green technology and "safe-haven" investing. 1. Industrial Manufacturers (Approx. 50–60% of Demand) who buys silver