Global silver demand rose 4% last year, chalking up its first increase since 2015, thanks to sharply higher consumption in India, with a supply fall creating a small deficit, an industry report said on Thursday.
The world consumed 1 033.5-million ounces in 2018, up from 998.4-million ounces in 2017, according to the Silver Institute’s World Silver Survey 2019, prepared by GFMS analysts at Refinitiv.