This highlights a structural demand shift rather than a short-term price story. Industrial consumption, particularly from solar, is becoming a dominant driver of silver fundamentals.

While investors are fixated on price charts, an industrial demand "monster" has been quietly growing and threatens to deplete global silver $XAG inventories: the solar energy industry.

🔸 Silver demand for solar panels has skyrocketed from 82 million ounces in 2016 to 198 million ounces in 2024. That's 140% growth in just 8 years with no signs of slowing down.
🔸 Forecasts indicate that by 2030, demand from this sector alone will reach 320-450 million ounces. This figure is equivalent to about 50% of the current total global silver mining production. The solar industry by itself will "swallow" half the world's supply.
🔸 We are experiencing the 5th consecutive year of supply deficit. Beyond energy, silver demand from the military sector is also rising, officially classifying Silver as a "Strategic Metal."
With green industry and the military competing for supply, do you believe a Silver "Squeeze" that will cause prices to explode is imminent?
News is for reference, not investment advice. Please read carefully before making a decision.