Silver news

Here are some recent news articles and updates about silver:

Price Updates

• Silver prices have been trending upward in recent weeks, with the spot price reaching a high of $24.45 per ounce on March 8, according to Kitco.
• The silver price has gained around 10% in the past month, driven by a combination of factors including a weaker US dollar, increased demand for safe-haven assets, and expectations of higher inflation.

Market Analysis

• A recent report by the Silver Institute suggests that global silver demand is expected to rise by 5% in 2023, driven by growth in the industrial and jewelry sectors.
• The report also notes that silver inventories have been declining in recent months, which could support prices in the short term.

Investment News

• The World Gold Council has launched a new silver-backed exchange-traded fund (ETF) in the US, which allows investors to gain exposure to the silver market through a listed security.
• The ETF, which is listed on the New York Stock Exchange, tracks the price of silver and allows investors to buy and sell shares throughout the trading day.

Mining News

• A recent discovery by a Canadian mining company has revealed a significant silver deposit in Mexico, which could have significant implications for the global silver market.
• The deposit, which is estimated to contain over 100 million ounces of silver, is one of the largest discoveries in the region in recent years and could provide a significant boost to the company's production.

Other News

• The US Mint has announced that it will begin producing silver coins with a new design, which features a depiction of the American bald eagle.
• The new design is part of a series of coins that the Mint is releasing to commemorate the 50th anniversary of the Apollo 11 moon landing.

I hope this information is helpful!