“Silver’s use in jewelry is an important demand source for the precious metal. In 2019, 200.2 million ounces (Moz) of silver were consumed in this sector, which was just shy of the record high of 201.9 Moz posted in 2018…”

Continue reading at: https://www.silverinstitute.org/global-silver-jewelry-market-impacted-pandemic-higher-silver-prices/